JPN's Monetary experiment dwarves the US by a long way. Whatever happens in the US this week/month/year , JPN will have to add more to the mix.
Also, the US has shown that it is nearly impossible to unwind the easing as people need to get paid and also get used to easy money rather than taking hard decisions.
The US has more individuals with $Billion accounts than anywhere else in the world, so it would seem that the national debt could be written down considerably if the government went on a bank raid, those living in Cypress will know what that feels like.
So US could go bankrupt, therefore never paying China back, then JPN could go bankrupt and we could have a system reset. All of the above is imho and has no merit in the real world, it was just a brain fart of a thought that I wished to share.
GLA
Also, the US has shown that it is nearly impossible to unwind the easing as people need to get paid and also get used to easy money rather than taking hard decisions.
The US has more individuals with $Billion accounts than anywhere else in the world, so it would seem that the national debt could be written down considerably if the government went on a bank raid, those living in Cypress will know what that feels like.
So US could go bankrupt, therefore never paying China back, then JPN could go bankrupt and we could have a system reset. All of the above is imho and has no merit in the real world, it was just a brain fart of a thought that I wished to share.
GLA