The main reason Japan survived so long w/ so much Debt is b/c for 20 of their 30 post-crash yrs, the rest of the world was healthy.

The main reason Japan survived so long w/ so much Debt is b/c for 20 of their 30 post-crash yrs, the rest of the world was healthy. Japanese retirees could find higher int rates abroad. Not the case today. Both US/Japan on accelerating path where ~ nobody can afford to retire~ 🤔 pic.twitter.com/vQrR9Yn82j

— M/1_LP (@MI_Investments) June 17, 2020

BOJ BALANCE SHEET pic.twitter.com/tCr1uazO9F

— Win Smart, CFA (@WinfieldSmart) June 17, 2020