nakedempire


The American Empire in a Changing World



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Saturday, February 18, 2012

''Japan slowly wakes up to doomsday debt risk''

''Capital flight, soaring borrowing costs, tanking currency and stocks and a central bank forced to pump vast amounts of cash into local banks — that is what Japan may have to contend with if it fails to tackle its snowballing debt.''


from first post...

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