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© (c) Copyright Thomson Reuters 2014.Japan's foreign assets hit record $3.2 tril as top creditor nation
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semperfi
The fundamentals in Japan are solid . . . .China is barely holding on, with the real estate market busting,shadow banking, and infrastructures deficient throughout the country , not surprising since most of the money goes to build military muscle.
some14some
that's good, the by way how much assets they have in China? whatever it is, consider it as a liability and not as assets. also try settle internal debt that is running so high...was it Yen 1000 trillion few month ago?
gokai_wo_maneku
And the greatest debtor nation: US!!! But wait, Japan holds a lot of US assets, so I hope they can sell them off before the US goes under.
oyatoi
This puts the lie to their constant bleating about the yen being overvalued. It's value needs to be revised upwards in increments of 10% until overseas credit holdings decline to the level appropriate to more normal countries. Otherwise, this already obscenely high figure will go on increasing and the mass of Japanese will continue to suffer the consequences.
overchan
Rich people own assets. but in the end they live in another world.
kaimycahl
@ gokai_wo_manekuMay.
And the greatest debtor nation: US!!! But wait, Japan holds a lot of US assets, so I hope they can sell them off before the US goes under.
Keep dreaming!!
M3M3M3
This reminds me of the saying that goes something like: 'if you owe the bank $100k then the bank owns you, but if you owe the bank $1 billion, then you own the bank'
dcog9065
This could also imply that companies are investing overseas as there aren't worthwhile investment opportunities domestically.