Japan’s Debt Crisis Is Just the Beginning || Peter Zeihan
Japan has a…special way of measuring deficits, leaving true borrowing understated by excluding major obligations like pensions and local government debt, and counting planned bond issuance as income. But Japan isn’t the only country facing debt issues.
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#japan #budget #debtcrisis #debt #finance #geopolitics #economics #globalnews #peterzeihan
32 Comments
Piracy takes us all to the same place: the bottom of the ocean. Its so abysmally hilarious that the dumbest and most destructive of us consider themselves superior. Stupid, sheltered, spoiled, evil children
Money comes first before bonds! You buy a government bond with cadh sitting in your acc! Bonds are money! You dont somehow print money and lend it to the givetnment. The government had already spent the monry into existence before you have an eccess duch that uou can swap cash for a bond! Not sure about your bsckground but JGBs are a pain to buy as a fund manager and yield nothing particularly when paying away fees for custody. Not sure why any fund manager sitting outside Japsn wants this paper. May as well hold depos in local!!
I guess with the recent landslide elections in Japan..they had to wheel Pete out to spin the narrative. It has become the gold standard of BS detection to believe the opposite of what Pete and Ryan Mcbeth are saying. They will tell you they are "experts" after all.
Shouldn't you offset the central bank balance sheet when looking at the net debt?
This guy is ridiculous. 10-30% of gdp to fight an enemy who is already struggling just to fight Ukraine. He made ridiculous claims before, but this one trumps all.
The modern economic system won't be around much longer. Maybe a century at most. So screw it.
The difference between a 4% and 6% mortgage is 50% larger payment?? I could be wrong…but that's not the math I come up with. I get a 15-20% increase.
You mean, they say they need to prepare for a war with Russia, right? Because if that would be a certainty from both sides, the russians would just attack now; they wouldnt wait until the other guys rearn.
Japan's public debt is very high. This debt is held by the Japanese people, not foreign interests. "They borrow from themselves".
According to this YouTuber, every other country is doomed except USA 😂
it won't, you don't know finance
Once hes right on this one tho !! The economic model that he / world relies is no longer value !!! The AI will switch the game so badly, we dont need polulation to scale the GDP, and now the co-relation is unhinged !!
We used to do the same thing it was called a Jubilee
Jeez, it's almost like cutting taxes over and over again results in not having enough income to cover expenditures.
Another episode of last week's news tomorrow…
Hey buddy what is your take on dollar now?
It did in the 90s . I was working in Hawaii and the state fell apart when Japan did. The United States was effected too. The Hawaiian island chain stopped like the batteries died. Japan will be the first domino . Put two hands on your ass it's going to be bumpy
お前は日本の財務省の犬か？借金ばかり取り上げてるが、日本が世界に保有する資産は無視か？世界最大級の資産大国なんですが。で、その借金って日本国は誰から借りてんだ？９０％の借りてが日本人だ。
Are you a mouthpiece for the MOF? You're obsessed with the debt, yet you completely overlook Japan's massive foreign assets. We're a global leader in net Creditor status. Besides, who do you think holds that debt? About 90% is held internally by the Japanese public.
Nippon no coupon
Everyone talks about the debt. I would like to know exactly who, what person, does the United States owe 35 trillion dollars to? Who loaned the US Treasury 35 trillion dollars?
Just cut off the old boomers.
They failed to reproduce so why help them in out age.
For once Peter might actually get something right. The Yen carry trade is very fragile.
That said, we're still waiting for Trump to lose the 2024 election, remember Peter? 🤣
Unless you try and liquify old people somehow 😂 how many boosters on average?
I have another solution: All those above the age of 18 get the benefit and pension system they were told to plan for. Everyone below that age has a new social contract: you get social security based on how many children you raise to adulthood. Everyone pays in, only parents who raised their children to adulthood get retirement ($20,000/child for example). Edge cases could be figured out, but that would ensure the retirement system remains solvent no matter what birthrates are doing.
This guy is a charlatan 😮
Debt jubilees are a time-honoured tradition, to reset society when people can't manage. Sometimes it takes a few executions too.
What an idiot
Peter, correction: Boomers are not tax TAKERS if you're referring to Social Security. It's our money, we paid it for the govt to hold and return. Not a gift or welfare!
Why do you think Japan needs to prepare for war with Russia? Russia has utterly screwed itself with the bungled Ukraine operation and will be in no position to go to war with anyone for the next 100 years at least.
Japan owns it's own currency. MMT.
NGL every time i click one of his videos, i watch less each time
07:15 so a debt jubilee ? Common practice in medieval times, do take note in only works when done well…