IMF: Japan And Spain Are DONE!

Discussion in 'Economy' started by Mad Scientist, Jul 16, 2012.

  1. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,212
    Trophy Points:
    270
    Ratings:
    +7,683
    "Debt ratio will NEVER stabilize" That means it will always rise and will never level off.

    IMF Says Japan And Spain Are Done, "Debt Ratio Will Never Stabilize" | ZeroHedge
    Sorry about the bold print. My computer will do that to me sometimes in the process of copy/pasting.
     
  2. Widdekind
    Offline

    Widdekind Member

    Joined:
    Mar 26, 2012
    Messages:
    813
    Thanks Received:
    35
    Trophy Points:
    16
    Ratings:
    +35
    Japan & Spain debt-levels will not "stabilize in the forecast period" (next few years). I.e. Japan & Spain are not projected to "get a handle on their debts" in the short-term. But 'tis not to say, that debt-levels are projected to increase endlessly, until they become bankrupt.
     
  3. william the wie
    Offline

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    7,293
    Thanks Received:
    675
    Trophy Points:
    175
    Ratings:
    +1,608
    Spain and Japan will go bankrupt but I agree that is not what the IMF is saying.
     
  4. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,212
    Trophy Points:
    270
    Ratings:
    +7,683
    The Japanese population is aging.

    The Japanese are not having babies.

    The Japanese will not payoff their debt.

    They just signed "Free not Fair Trade Agreement" with China to ship all their jobs over there.

    They can't. It's now mathematically impossible.
     
  5. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    Because we know free trade impoverishes countries, right?
     
  6. Nova78
    Offline

    Nova78 Silver Member

    Joined:
    Dec 19, 2011
    Messages:
    1,915
    Thanks Received:
    254
    Trophy Points:
    98
    Location:
    Colorado
    Ratings:
    +267
    Sounds about what will happen here under Obama,spending more than you make never works,and Obama gets the golden ring for spending money that does not exsit...womb to the tomb entitlements will destroy this Country,1/4 of the Country on disability,1/4 does not work ,1/4 on welfare ,looks to me like the taxpayer is an endangered species...:eusa_boohoo:
     
  7. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,212
    Trophy Points:
    270
    Ratings:
    +7,683
    Look what it's doing to the US.
     
  8. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    Building a stronger economy that is competitive with the rest of the world? Don't blame trade for the state of the Obama economy.
     
  9. Sallow
    Offline

    Sallow The Big Bad Wolf. Supporting Member

    Joined:
    Oct 4, 2010
    Messages:
    56,535
    Thanks Received:
    6,132
    Trophy Points:
    1,840
    Location:
    New York City
    Ratings:
    +7,394
    That's not what Obama did.

    Both Japan and Spain carried out austerity measures that got them into a fix. In any case, both countries still have sound banking systems and are nothing like Greece. It's also quite possible to re-structure the debt to make it managable. "Money" is a human construct with no real intrinsic value. It really should never be used to make or break a society.
     
  10. The Rabbi
    Offline

    The Rabbi Diamond Member

    Joined:
    Sep 16, 2009
    Messages:
    67,620
    Thanks Received:
    7,821
    Trophy Points:
    1,840
    Location:
    Nashville
    Ratings:
    +18,215
    No they didnt. Had they actually dismantled their socialist system that guarantees dead end jobs for everyone they wouldn't be where they are now.
     

Share This Page