Tag Archives: Tyler Durden – Japan Enters The Keynesian Twilight Zone As Total Debt Crosses ¥1

ZeroHedge – Tyler Durden – Japan Enters The Keynesian Twilight Zone As Total Debt Crosses ¥1,000,000,000,000,000.00. – 9 August 2013

ZeroHedgeBack in May 2011, together with forecasting Japan’s most epic case of quantitative easing ever unleashed, we presented the absurd, if inevitable, thought experiment of a country that would soon cross into the twilight zone of total sovereign debt numbers that no longer even fit on a simple pocket calculator. The country of course is Japan, and the debt number is one quadrillion. As of last night, the absurd has become real as Japan has officially announced its total government debt rose by 1.7% to ¥1,008,600,000,000,000.00. Continue reading