🚨 Urgent: Referendum in Japan! 🔥 Are they choosing economic suicide? 📈$BTC
All eyes are on Japan! ✨ This weekend, the Japanese are voting in a referendum that could determine the fate of their economy, mired in "financial repression" and historic debts.
Decoding the chart: Japan's debt mountain 💹
What do we see? The debt-to-GDP ratio in Japan.
The dangerous level: the ratio has exceeded 220%! 🤯 This means that Japan's debt is more than double the size of its entire economy.
The crazy rise: the ratio has seen a near-vertical climb since the 1990s, which economists call "lost decades".
What is financial repression? Keeping interest rates artificially at zero for long years, making it possible to service this massive debt, but at the same time killing real growth and destroying citizens' savings. ⚖️
Why is this important for the world? 🤔🎯
Global risk: a potential collapse in the third-largest economy in the world 🇯🇵 could cause "Japan on the brink 🔥 A referendum that will determine the fate of the global economy! 📈
This weekend, the eyes of the world are on Japan! 🇯🇵 Not for an ordinary election, but for a popular referendum on the "financial repression" policy that has kept its economy standing for decades.
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