I have been faithfully reading all of the economic doom and gloom articles on this website for over one year. Then, there was a blurb in an article about the Japanese disaster stating their national debt is 200% of their GDP. Yet, the country has not imploded, there was no ante-earthquake/tsunami chaos, people still went to work, and life went on. Would some knowledgeable blogster such as ZERO HEDGE, JOHN GALT, DENNINGER, et.al., please explain to me what is going on? People keep running around in circles emitting high-pitched squeaking noises about impending meltdown. Yet, here is a country of millions that is, literally already there, and life was just peachy until nature intervened. I would just like some answers before I spend another $120.00 on beans and rice. Thank you.
I hope the doom can hold out a week or so. That would be a hell of a walk...
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No, really, I am serious...
AP
I have been faithfully reading all of the economic doom and gloom articles on this website for over one year. Then, there was a blurb in an article about the Japanese disaster stating their national debt is 200% of their GDP. Yet, the country has not imploded, there was no ante-earthquake/tsunami chaos, people still went to work, and life went on. Would some knowledgeable blogster such as ZERO HEDGE, JOHN GALT, DENNINGER, et.al., please explain to me what is going on? People keep running around in circles emitting high-pitched squeaking noises about impending meltdown. Yet, here is a country of millions that is, literally already there, and life was just peachy until nature intervened. I would just like some answers before I spend another $120.00 on beans and rice. Thank you.
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