Japan’s Economic Powder Keg: Global Fallout Looms as Bond Yields Detonate

The Debt Bomb No One Wanted to Talk About Let’s clear something up: Japan’s financial system was never a model of stability—it was a tightly wound debt machine kept afloat by decades of manipulation. Today, the inevitable is happening. Japan’s debt-to-GDP ratio has now soared to 234.9%, outpacing Greece at 142.2%. When Prime Minister Shigeru Ishiba stood in front of parliament and admitted, “Our country’s fiscal situation is undoubtedly extremely poor, worse than Greece’s,” he was simply acknowledging the open secret global economists have ignored for too long. This isn’t a warning. It’s a confession from the top. Japanese Bond Yields Go Parabolic Since early April, Japan’s long-dated government bonds—once seen as safe havens—have turned radioactive. The 40-year JGB yield…