🚨 Urgent: Referendum in Japan! 🔥 Will they choose economic suicide? 📈$BTC
All eyes are on Japan! ✨ This weekend, the Japanese will vote in a referendum that could determine the fate of their economy, which is mired in "financial repression" and historical debts.
Decoding the chart: The Japanese 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 rise since the 1990s, what economists call "lost decades".
What is financial repression? Keeping interest rates at zero artificially for many years, making servicing this massive debt possible, 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 world's third-largest economy 🇯🇵 could cause "Japan at the brink 🔥 A referendum that will determine the fate of the global economy! 📈
This weekend, the world's eyes are on Japan! 🇯🇵 Not just for a regular election, but for a popular referendum on the policy of "financial repression" that has kept its economy on its feet for decades.
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