Is the long-awaited implosion of the Japanese financial system beginning? Japanese bond yields are spiking dramatically, Japan’s debt to GDP ratio is now above 230 percent, the Japanese economy has started contracting, and Japanese Prime Minister Shigeru Ishiba just publicly stated that the financial condition of his nation is worse than the financial condition of Greece.  When I heard that he had said this, I knew that I had to find his direct quote and share it with all of you…

The post Is Japan’s Financial System On The Verge Of Collapsing? was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.