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

Comments

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.

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