– Chart Of The Day: “Japan Has No Alternative But To Print And Print And Print” (ZeroHedge, Oct 22, 2013)
Today’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“
Looks like Japan and the US are in the same boat…….