Japan's Debt Problem Visualized
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A short, visual explanation of Japan's debt crisis by @affalytics (https://twitter.com/affalytics). My latest venture: Adlove – https://adlove.com Donate Bitcoin to support our work: 1MDiQaETF12tt7uh4M7xoC7wqMYnhbkqfK Credits: By Addogram (http://www.addogram.com) Inspired by the work of Kyle Bass of Hayman Capital (http://www.haymancapitalmanagement.com/). Music: "Sounds Like A" by DoKashiteru (http://ccmixter.org/files/DoKashiteru/21179) is licensed under a Creative Commons license (http://creativecommons.org/licenses/nc-sampling+/1.0/). Icons: Largely courtesy of New Mediators (http://newmediators.com/references/new-mediators-icons) under a Creative Commons license (http://creativecommons.org/licenses/by-nc-sa/3.0/us/).
Comments
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Here's something you've ignored: Japan are, by a huge margin, the world's biggest lender. They borrow in at rates of between 1% and 1.8% to loan that same money out at twice the rate.
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I like how a government I was forced to be part of through "democracy", can take a loan against me or you.
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Default on the debt and take inflation to high but single digit for a while. "If it's a problem people created, its a problem people can solve."
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what a shitty music at the background
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Irritating background music makes comprehension difficult.
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It's not a problem if you just don't pay it back. Problem solved.
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This is why people should never expect Govt., to Run their country. Its people who run. When Govt., Defaults, whole economy collapses and WAR, either Civil or other form. Anyways, central banks, loan, banking system of credit is where all crisis lies. Credit means I sacrifice tomo for today, or I trust future generation to pay my loan without themselves owing to any credits. Which by the way never happens and we now know, world bank and central banks are biggest scams in the history of mankind.
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A lot of people seem to think they will be fine ! Just wait till they find out the alternative is to never retire, or have no medical benefits handed to them and to have infrastructure deteriorate. Some would say infrastructure in the USA is already suffering because of their debt !!!
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No wonder this channel only has 2 videos. Americans won't even talk about their own country's debt.
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chip third wooden only toward garlic isolate not determine credit.
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So basically, the government has a credit card. good visualization
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Soooo temporary solutions lead to long lasting problems?
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Maybe this all started because we murdered they're whole existence with Hiroshima?
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was good except for the really shitty music
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And they say economy major is easy
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i cant concentrate with that damn music
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the word debt is for stupid salary slaves
only for the banks the state and the money printing elite who just prints money and lets others do stuff for them debt has a different meaning -
Uh oh, Japan is fucked lol
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997 Trillion Yen may seem a lot but when converted to U.S. dollars that only 8 Trillion. For comparison U.S. is in debt $19.7 Trillion.
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Oh pls, they are "fine", the brazilian debt problem would scare the shit out of u guys, serius it is a mess down here
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