|Consumers camped out on the street and lined up for hours for the |
chance to contribute 5% of their income to nuclear waste cleanup. NOT!
If you can't take my word for it, read what two professional economists have to say about Japan's looming debt "singularity:"
Edward Hugh and Claus Vistesen. "Japan's Looming Singularity." Credit Writedowns. February 12, 2013.
Source on British debt: UK Debt Bombshell.
"Government debt reaches record 997 trillion yen." [$10.84 trillion at 92 yen per dollar]. Yomiuri Shinbun. February 10, 2013.