Wednesday, May 16, 2012

Japan's Bankruptcy is Near - Debt as % of Revenues is Nearly 2000%!!!

You think that Japan can survive the coming onslaught and harsh economic day of reckoning? I doubt it. Japan can't make it past Dec. 2013... I think the SGHTF this summer... Thank you Greece, Spain and the EU...(and Japanese bureaucracy!)

Check this from Zerohedge: Japan's WTF Chart:

By now everyone has seen some iteration the following chart of relative sovereign debt/GDP values, in which Japan is an outlier:
But how many have seen this chart showing global sovereign debt as a percentage of total government revenues? 

Absurd? Laugh about it? Source: Harvard Business School, 9-212-091, Hayman Capital Management.

Read more at Zerohedge: Japan's WTF Chart

1 comment:

John said...

Isn't Hayman Capital essentially Kyle Bass who has been talking about the train wreck of Japan for years? Looks like it's getting closer.