sqa said:At some level, there is no real way to unwind the Government's Debt without default and that's the entire problem now. It's made very little sense to invest in Japan for a rather long time. It's precisely what happens when you build a monster Debt-fueled Asset bubble, then prevent it from completely correcting itself. Same thing is in the process of happening in the USA & Europe.
I could not agree more. Since there is no real way to unwind debt they are hoping to find an unreal way, until they do they can only try to keep building the bubble and hope it doesn't burst on their watch. I wish them luck.