Jim Rogers

Every day the debt goes higher, there’s addition and there’s subtraction because every day the population declines in Japan. Everything can go wrong. You have a central bank which is printing staggering amounts of money every day and buys Japanese shares and Japanese bonds.
I’m old enough to remember and maybe some of you are that if even 30 years ago somebody had said, “Oh, the central bank of a major economy and a major country is going to print huge amounts of money and buy shares in its stock market.” people would have walked away. They wouldn’t listen to you anymore, so incomprehensible, inconceivable that that could happen even 30 years ago.
But look out the window, it’s happening every day in Japan right now while the population declines and the debt goes up. So, I mean as far as I can see Japan doesn’t have a great future.

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