Subject: Re: BRK's Japanese holdings
Japan is ground zero for TODAY’S financial stress. Its bond market is cracking, with long-term yields today hitting their highest levels this millennium. This week, the story is Japan. Not that US media would focus on that issue...
If you think the U.S. has a debt problem, consider this: Japan’s debt-to-GDP ratio is more than double ours. Government debt isn’t a problem until suddenly it is. That moment may be arriving. Like ...as we speak.