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[–] derram ago 

https://archive.is/nwU83 :

Pimco’s Baz Says Japan In a Bind as Total Debt Tops 600% of GDP - Bloomberg

'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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