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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.

S&P SAYS JAPAN HAS ENOUGH FUNDS TO SERVICE RISING DEBT COSTS

Posted by WARREN MOSLER on June 25th, 2009


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Yes, infinite, in fact.

Put that into your debt to income calculations…

S&P SAYS JAPAN HAS ENOUGH FUNDS TO SERVICE RISING DEBT COSTS


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2 Responses to “S&P SAYS JAPAN HAS ENOUGH FUNDS TO SERVICE RISING DEBT COSTS”

  1. E. Nelson Says:

    Warren, haven’t seen an update to your outlook for sometime. Still thinking along the same lines of your previous one?

    Reply

  2. Mike S Says:

    Hi Warren,

    For Japan, would you would recommend not rolling over the debt?

    Reply

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