There is a storm brewing in Japan that most of the world knows nothing about as they plan their holidays. They are the brink of default as their debt hurdles towards 250% of their GDP projections show this will happen sometime in 2014, maybe sooner.
There are major ramifications for the world economy.
Below are vollies of new reports concerning their debt burden vs their GDP and they are staggering in scope.
It began long ago for Japan.
Most people do not know about the CIA's factbook. Below is hard data available to the public concerning just about any declassified info you want. Go to the link and do your own DD.
There is a big storn brewing that will make the sub prime crisis look like a walk in the park.
Study and do your own DD and see what you come up with.
I am not a doom and gloom kind of guy, just trying to point out some disturbing facts and wondering how they will effect us in the near future.
I espicially know that we will not be warned before hand as we were not warned to protect our assets in October of 2007 from the markets decline. You did not see Washington warn the public to save their retirement accounts from destruction. They will not warn us this time either.
Ask yourself one thing. Why was their such desperation to pump liqiudity directly into the stock market over the last 18 months or so. Then ask yourself if that fixed any of the underlying problems that caused the decline to begin with. Ask yourself if the unwinding was muted and delayed or stopped all together.
We shall see over the next 36 months how bad things really are.
We will not be warned about this storm from Washington, that is a promise. They will not panic the public in showing them what the truth is in the depth of problems that really exist in our world economy especially with Japan as it's debt burden becomes the eye of the next major crisis that will trigger world markets lower once again.
The big red dot of Japan is the epi center of the next trigger.
The dominoes will fall outward from their.
You might want to study this region and it's dynamics in the current theme of the world economy. It's not good, not good at all.
Greg Ruffin
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