Re: It's Your Choice, Europe: Rebel Against the Banks or A...
by peteretep on Tuesday December 06, 2011 @09:00AM
(#3319255)
| Yes. The picture is even more stark when you look at Japan, where the government has more than 200% debt/GDP, but pays record low interest on bonds. Monetary sovereignty matters.
Well, sorta. A big reason Japan has such great rates on bonds is that they mostly sell them to Japanese people and institutions, and there's some weird nationalistic stuff going on there...
Well, sorta. A big reason Japan has such great rates on bonds is that they mostly sell them to Japanese people and institutions, and there's some weird nationalistic stuff going on there...