This chart crystallizes the problem. You can hear discussion of it in this video from Otterwood Capital posted yesterday.
Japan's debt payments are rising and they interest rate is still falling. When the interest rate turns, the debt service costs will explode.
NAR: Pending Home Sales Increase 1.6% in February; Down 7.0% Year-over-year
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From the NAR: Pending Home Sales Rose 1.6% in February
*Pending home sales in January grew 1.6%*, according to the National
Association of REALTORS®. The M...
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