Search results

, all is relative, I don't think banks in Japan are cashed up, they have been struggling for the last 20 years, their problem is that assets on japanese banks books are losing value, so where are they going to find money to pay interest to japanese banks account? if they increase lending...

yes, but usually when you lend money you get something to guarantee the debt. You might end up with Germany and japan to own US homes and business as result of default. So, they'll get something in their hands. You already get this scenario in Australia where company like RIO are much more owned...