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The Next Country To Collapse Isn't In Europe
Yahoo Finance ^ | 4/26/13 | The Next Country To Collapse Isn't In Europe

Posted on 04/26/2013 1:40:46 PM PDT by Kartographer

look at this country's debt situation, especially relative to the United States, is truly amazing.

This country is paying 21% of government revenue on interest payments to support a 236% debt-to-GDP ratio. With annual spending twice as high as its revenue, the government is running a deficit of $455 billion a year and adding to its $11.2 trillion debt. This is all before the monetary stimulus programs announced recently by its central bank.

If you thought the United States government was a financial basket case, Japan is exponentially worse. A collapse in the yen and the stock market is all but certain -- the only question is when.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Japan
KEYWORDS: collapse; davidwilkerson; debt; economiccollapse; economy; gdp; japan
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To: Travis McGee; Kartographer

Yup, covered, except for the razor wire... I just wanted to remind preppers about cash ... preferably small bills. It’s just sensible, too.

We rotate through our food storage (sorta like practicing shooting what you carry) but I noticed we also tend to rotate through our cash on hand.

Yo, all y’all, get yourselves some cash on hand!


41 posted on 04/26/2013 4:48:01 PM PDT by glock rocks (No, the game never ends, when your whole world depends, on the turn of a friendy card.)
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To: Wuli
Fine, it’s not caviar; so what is it?

Well, it would have to be Japanese food.

42 posted on 04/26/2013 5:05:46 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Travis McGee

The US has numerous ethnic groups who resent other ethnic groups for stealing from “the system”. For not pulling their own weight. Other groups have gripes real, imaginary or ginned up about past imperialism or slavery. Obviously a Japan or Finland has none of this

You know this anyway :)


43 posted on 04/26/2013 5:24:09 PM PDT by dennisw (too much of a good thing is a bad thing - Joe Pine)
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To: Travis McGee
Ours is ready to turn from honey to nitro glycerin in about two weeks.

Why the two week horizon?

44 posted on 04/26/2013 5:32:07 PM PDT by papertyger (Blessed are the flexible for they shall not be broken....)
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To: papertyger

Maybe this article?


45 posted on 04/26/2013 5:39:46 PM PDT by glock rocks (No, the game never ends, when your whole world depends, on the turn of a friendy card.)
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To: Kartographer
The only good thing about the Free Rape Policy is that we have so few exports that a major country like Japan collapsing won't hurt us to much. Pathetic.

If they sell US debt somebody(China) will suck it up.

46 posted on 04/26/2013 5:45:26 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: glock rocks
Maybe this article?

Are you implying I should actually READ the article?

What do you think I have YOU GUYS for?

;o)

47 posted on 04/26/2013 5:50:30 PM PDT by papertyger (Blessed are the flexible for they shall not be broken....)
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To: Robert DeLong; Revolting cat!
What you got is a bad attitude

Downright revolting!

48 posted on 04/26/2013 5:51:11 PM PDT by Fightin Whitey
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To: Robert DeLong; Revolting cat!

And catty too!


49 posted on 04/26/2013 5:52:21 PM PDT by Fightin Whitey
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To: svcw

That is the beauty of the internet. What seem to be wrong changes in matter of nanoseconds. Back in the days when everyone relied on print it was little late to change copy.


50 posted on 04/26/2013 6:17:00 PM PDT by Orange1998
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To: papertyger

I’ve been posting for 12 years without reading the article! It’s what I do! Are you impun.. uh. ... impugn .. um .. carp.

Laz, 10-78?


51 posted on 04/26/2013 6:26:27 PM PDT by glock rocks (Slippin into darkness, when I hear my mama say ...)
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To: Lazamataz

oops, last post.


52 posted on 04/26/2013 6:27:14 PM PDT by glock rocks (Slippin into darkness, when I hear my mama say ...)
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To: Fightin Whitey; Robert DeLong

Use guys still don’t get it, do use? Sigh! Going by the MSM model, so finally expressed above by Yahoo News, which if it isn’t MSM, it certainly aspires to being, you are to reveal and describe your discoveries by saying what they AREN’T to bait potential readers.

But one is apparently either a careful observer or a pedant.


53 posted on 04/26/2013 6:31:47 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: Revolting cat!
But one is apparently either a careful observer or a pedant.

But what if one is both a revolting cat and a pendant?

54 posted on 04/26/2013 6:51:21 PM PDT by Fightin Whitey
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To: Fightin Whitey
I s'pose that's better than being caviar!


55 posted on 04/26/2013 6:53:41 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: papertyger

The time it takes for the fear of starvation to really set in, after the supermarkets are looted and bare.


56 posted on 04/26/2013 7:56:25 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: buwaya

Good point that we are in worse economic shape than Mexico; but if Mexico goes before US, then “The Vision” is even more prophetic. But I confess: I believe Wilkerson said that the run on American banks begins in Mexico on a Monday that is an American holiday. So if this vision is true, we might have beaten Mexico by hours if not for our own banks being closed. Prophecy aside, my guestion is how can there be a sudden bank run collapse if TPTB close down Wall Street, banks, ATM’s, credit cards? People wouldn’t be able to crash banks or Wall Street because TPTB would just take all our marbles and go on another vacation.


57 posted on 04/26/2013 8:38:05 PM PDT by RHS Jr (Pity the banksters when Jesus comes)
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To: svcw

Besides that..they are all bailing each other out..worse..we’re helping!


58 posted on 04/26/2013 8:42:11 PM PDT by caww
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To: catfish1957

Add in the earthquake and tsunami....billions on that and still paying.


59 posted on 04/26/2013 8:43:44 PM PDT by caww
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