same logic for team japan, between just transfer payments and debt service, japan is already at deficit, never mind education, healthcare, defense, and whatever else
japan, starting this year, is tapped out in so far as true incremental savings go, must start to drawdown its external investment (how do you do that with bricks and cement?), or accept china jgb purchase and bitch a lot, or print and march bravely towards utter destruction of its middle class majority
it is also just math.
we are past an inflection point and in very much uncharted paper
so, again, kyrosl, i implore you to save yours and yourself
do something but do not argue with the math
we can fuss over the numbers later |
