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