Japan Just Broke the Global Economy (Worse Than Greece)
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Top Comments (10)
- Mentions Japan - Mentions Yen currency - Shows Yuan
Debt created an illusion of wealth
Car sales are down because within the last 6 years they're up $30,000 yet my wage has stayed the same and that's not just Japan that's all manufacturers
wasted 20 mins and realized it was a bitcoin pumper.
You explain like I am 5 and I thank you for your service
As a Greek watching this💀
More nightmare fuel for 2025
All this fear music just to sell you Bitcoin at the end!?!? 😂😅😂😅😂😅😂😅😂😅😂😅😂😅wow
I’m still waiting on the “china’s economy will collapse in 10 months” prediction you made a few years ago
The situations in Japan and Greece are fundamentally different, so it’s not reasonable to assume Japan would default in the same way. Japan can issue its own currency, and most of its government bonds are held domestically, so a default like Greece’s is unlikely. However, if the national debt keeps growing, inflation and a weaker yen could hurt people’s livelihoods. Greece was part of the eurozone and could not issue its own currency, with much of its government debt held by foreign investors. As its budget deficit grew, confidence in its ability to repay declined, making it difficult to raise funds and leading to a debt crisis.
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Top Comments (10)
- Mentions Japan - Mentions Yen currency - Shows Yuan
Debt created an illusion of wealth
Car sales are down because within the last 6 years they're up $30,000 yet my wage has stayed the same and that's not just Japan that's all manufacturers
wasted 20 mins and realized it was a bitcoin pumper.
You explain like I am 5 and I thank you for your service
As a Greek watching this💀
More nightmare fuel for 2025
All this fear music just to sell you Bitcoin at the end!?!? 😂😅😂😅😂😅😂😅😂😅😂😅😂😅wow
I’m still waiting on the “china’s economy will collapse in 10 months” prediction you made a few years ago
The situations in Japan and Greece are fundamentally different, so it’s not reasonable to assume Japan would default in the same way. Japan can issue its own currency, and most of its government bonds are held domestically, so a default like Greece’s is unlikely. However, if the national debt keeps growing, inflation and a weaker yen could hurt people’s livelihoods. Greece was part of the eurozone and could not issue its own currency, with much of its government debt held by foreign investors. As its budget deficit grew, confidence in its ability to repay declined, making it difficult to raise funds and leading to a debt crisis.