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A comment on U.S. Government already projects $1T deficit every year for the next 10 years [pdf]. Parent comment

Re:U.S. Government already projects $1T deficit every year f... by toomuchtodo on Saturday October 16, 2021 @05:30PM (#28891744)
It's more like the wealthy's "buy, borrow, die" strategy [1] without the cumbersome "buy" part. Japan's debt to gdp is almost 200% as the population decline continues. Confidence won’t evaporate until the market determines productivity can’t meet the yield bought. Somebody is going to be left holding the bag, but it ain’t anybody investing today.

[1] https://www.youtube.com/watch?v=8pBPZMUcsh0

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Re:U.S. Government already projects $1T deficit every year f... by missedthecue on Saturday October 16, 2021 @07:07PM (#28892382)
Isn't the biggest investor in Japanese debt the Bank of Japan?
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Re:U.S. Government already projects $1T deficit every year f... by lettergram on Saturday October 16, 2021 @08:12PM (#28892776)
Yes https://www.statista.com/statistics/756192/japanese-governme...
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