30 Jul, 2010 in
Analyze&Forecasting by
admin
Investors are understandably scared of the sovereign debt crisis unfolding in Europe. Amid their angst, however, they are ignoring a more likely, and significantly larger, debt catastrophe that is about to hit the nation with the second-largest economy in the world Japan. Two decades of stimulative, low-interest-rate fiscal policy have made Japan the most indebted [...]