This subverse is for news from all around the world.
Be sure to check out /v/news as well!
Related Subverses:
/v/WarFollowing - Sub for all things relating to combat, terrorism, battle or war related news, stories, videos, etc. Also contains content related to dealing with war in daily life.
/v/USNews - For U.S.-central news
/v/WorldNews2 - Our less-moderated anything-goes subverse
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[–] Mohamerde06 ago
" the likely endgame is for the BOJ to forgive sovereign debt" - how would that work exactly ?
[–] ArsCortica ago
Those Abeonomics sure worked out for them.
[–] derram ago
https://archive.is/nwU83 :
'There’s “very little” that Japan can do about its mounting debt pile, which presents a potential risk to growth, according to Pacific Investment Management Co.’s Jamil Baz. '
'Billionaire bond investor Bill Gross has said that the likely endgame is for the BOJ to forgive sovereign debt. '
'Delaying an increase to the value-added tax -- currently scheduled for 2019 -- will exacerbate the debt problem, while pushing ahead with the hike that’s planned would make growth “even more mediocre, potentially negative,” Baz said. '
'Baz, who has also taught at the University of Oxford, published a paper last month on seven potential outlier risks to the global economy. '
'Yukio Noguchi, a former Ministry of Finance official and best-selling author, said he believes the BOJ is already financing fiscal spending. '
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