Japan's Economic Reckoning: Debt, Geopolitics, and the Limits of Monetary Power - Forex Factory
Japan's Economic Reckoning: Debt, Geopolitics, and the Limits of Monetary Power - Forex Factory
Source: Forex Factory
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DW NOTE
Japan's debt-to-GDP ratio sits north of 260% — twice the level that triggered eurozone crises a decade ago. The difference is the BOJ owns half the JGB market and prints the currency those bonds are denominated in. That works until it doesn't, and the exit path narrows every quarter the charade continues.