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National Debt: Will The U.S. Be Like Japan?

Thursday, May 24, 2012 - 1:13 PM
From CNNMoney
Political gridlock. High national debt. Rock-bottom bond rates. An aging population. Warnings about more downgrades.

Sound like the United States? Indeed. But those characteristics also describe Japan

Here's the concern for savers:
Despite several credit downgrades over the past decade -- the latest coming this week from Fitch Ratings -- [Japan's] 10-year bond is trading below 1%.

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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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