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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (34463)7/29/2005 1:40:42 AM
From: J_Locke  Read Replies (1) of 116555
 
Isn't Japan essentially locked into a low interest rate policy until some sort of fiscal collapse arrives? With debt at 150% of GDP, if Japan had to roll over its debt at 4% it would be paying 6% of GDP on debt service alone.
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