>>13464
>Boomers and the majority of female voters are flying Canada into the ground.
Nor just Canada, most western countries.
>Be the Bank of Japan
>Your government has a debt to GDP ratio of 230%
>They’re running a ¥32.7 trillion annual deficit on top of ¥1.34 quadrillion in total national debt
>Know that every 1% increase in interest rates results in an additional ¥1 trillion in interest payments per year
>You must keep interest rates down or the bond market blows up
>But interest rates have already reached their highest level in 30 years
>So you consider printing more Yen to push rates back down
>But the Yen is already at a 40 year low vs the Dollar
>So you can’t print Yen
>But now the Federal Reserve in America is talking about raising interest rates even further
>So you commit seppuku because there’s no options left
https://nitter.net/c60276434/status/2074987259321897219