July 31, 2013

.".as much as 95 per cent of the debt is held by....Japanese themselves " Thomas Catan

"economists have warned for years that Japan's debt is unsustainable.So far, investors have shrugged...as much as 95 per cent of the debt is held by....Japanese themselves through banks, insurance companies and pension funds" 


Source:Abe effort to have global impact
By Thomas Catan
Wall Street Journal
The Australian newspaper
Tuesday July 30th 2013, page 20

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