⚡️🇯🇵 NEW - Japan: "Japan's financial situation is worse than Greece's", says Japanese PM.
The country's debt is equivalent to 263% of GDP, 90% of which is held by domestic creditors.
Discussion
Is it worse? Not sure...
Greetings from Greece...
Dang I thought USA was in bad shape…
Japan economy does not make sense.
Peak fiat.
90% + whatever is held by the central bank, so probably more like 190%
Also their demographic challenges are some of the worst in the world, with no immigration to offset lack of new births.
There’s a fix for that. We call it “Stay humble and stack sats” 🫡⚡️
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Hory shrit!😱