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Japan – Past the Point of No Return

Posted By Barry Ritholtz On July 22, 2010 @ 12:57 pm In Credit,Economy | Comments Disabled

Vitaliy Katsenelson [1] presented a very compelling argument that it is not Greece or Spain or Ireland or the USA that is the next major country to drop — its Japan.

These are two of his 25 slides, and they paint a bleak picture of Japan:

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click for larger charts

[2]

[3]

Source: ContrarianEdge.com [4]


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2010/07/japan-past-the-point-of-no-return/

URLs in this post:

[1] Vitaliy Katsenelson: http://contrarianedge.com/

[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/07/1-Japan-.png

[3] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/07/2-Japan.png

[4] ContrarianEdge.com: http://ContrarianEdge.com/

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