Japan's Debt to GDP Hits 400%!
Monday, February 23, 2015
Incredible! Over at Zerohedge, I just read an article entitled: This Is The Biggest Problem Facing The World Today: 9 Countries Have Debt-To-GDP Over 300% (www.zerohedge.com/news/2015-02-23/biggest-problem-facing-world-today-9-countries-have-debt-gdp-over-300)
Here's the chart from that article showing the top 16:
There's only one way out of this mess, folks; the governments and central banks must create inflation. The way they will do this is by depreciating our currencies by more printing.
It's the only way out for them.
Got gold? Silver?