Japan's 10-year yield just surged to its highest level in almost a decade.
Developed economies are currently facing a chronic debt crisis, with deeply entrenched inflationary pressures propelled by escalating deglobalization, reckless fiscal spending, worsening inequality, and… pic.twitter.com/Vr1lxbjdyf
— Otavio (Tavi) Costa (@TaviCosta) September 11, 2023
See also Unfunded pensions in Europe hit 300%-500% of GDP—demographic collapse fuels looming crisis.
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