JAPAN CRISIS
Japan's Debt-to-GDP is already 240%, inflation is terrifying, the yen is like a roller coaster, but what is the solution?
If interest rates are low = the yen will drop further, inflation will get crazier.
If interest rates rise = debts will be harder to pay off.
In other words: the economic Batman trap.
Interestingly, everyone is waiting for a US recession so that Japan can 'catch its breath'. So a country with hundreds of percent debt to GDP can only survive if America catches a cold.
And don't forget, yen stablecoin is ready to be born. Because it turns out the answer to the fiscal crisis is not reform but a new token.
The question is:
Will Japan become a classic example of how developed countries can fall due to debt?
Or will it instead become a grand testing ground for the first national stablecoin?
$USDT
