The Japan in an incredible country. A nation of vast beauty, a rich and deep culture, amazing food, highly intelligent people and also it commands a very high standard of living.

Home to the creative nation of high quality consumer goods, from household names like Sony, Nikon, TDK, Olympus, Mitsubishi, TEAC, Nissan, Toshiba, Toyota, NEC, Nintendo, Mazda, Ricoh, Panasonic, Honda, Hitachi, Canon, Fujitsu to name just a few.

It’s public finances are shocking however. The Government of Japan is funding its operations on debt. The Bank of Japan is buying the debt. It is the most extreme form of Quantative Easing

33% of all of all Japanese Government Bonds (JGB) are owned by the Bank of Japan

Japan’s Debt to GDP is over 230%

The figures are of the chart….