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  1. #1
    CO-AR's Secret Jedi roberth's Avatar
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    Quote Originally Posted by ChunkyMonkey View Post
    Japanese insolvency is 100x more likely to happen than that and the result is the same. Gold, Silver, OIl will skyrocket.. paper money will tumble. Japan's debt is @ 230% of GDP.. its aging population's retirement funds are cashing out on the bonds.. they are net seller now. It's not a matter of if anymore.. Scary stuffs once you get into the numbers.
    You're watching that too, I don't pay a lot of attention but it is on my radar. Japan is an interesting situation.

    http://www.forbes.com/sites/jamesgru...-crisis-nears/

    From my uneducated POV there is too much information in the article to quote a high point, only to say that Japan is in deep trouble.

    Don't forget about Cyprus and the haircut that large depositors took, then there is the Greek problem, and Spain, and Italy.

    If you don't think the USG is working on a plan to tax your 401K/Roth/tax-fee whatever then you're living in la-la land. The USG is broke and they need money for the Free Shit Army.
    Last edited by roberth; 09-15-2013 at 08:33.

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