Chart Of The Day: "Japan Has No Alternative But To Print And Print And Print"
• zerohedge.comToday's Chart of the Day comes by way of SocGen's Albert Edwards who in one image shows why, with gross debt issuance needs between budget funding and rolling maturities at 60% of GDP, Japan has no choice but "to print and print and print"
Didn't Argentina do something like this at least two major times in the last 50 years or so? Better Japan goes down with hyperinflation than us. Or will we get our turn soon?