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Thursday, January 3, 2013

Japan's Growing Sovereign Debt Time Bomb


Spiegel Online

Japan's Growing Sovereign Debt Time Bomb
Spiegel Online
The eyes of the financial world are on Greece and other heavily indebted euro-zone countries. But Japan is in even worse shape. The country's debt load is immense and growing, to the point that a quarter of its budget goes to servicing it. The ...

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