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2. Financial Market Conditions
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3. Strictly Confidential, Legally Privileged and Private
Condition of Banks
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4. Sovereign Debt Ratings – The Red Zone
Notes: Japan’s Public sector debt is very high. However, Japan has a high savings rate which makes it easier for the government to finance the debt. 90% of Japanese debt is owned by Japanese individuals. Nevertheless the National Debt of Japan is a real burden for the economy. The US has a low savings ratio and 25% of US debt is owned by foreigners. The numbers for the US also do not include off-balance sheet obligations. An important factor is not just cumulative national debt, but, the annual budget deficit. This annual deficit determines the rate of deterioration in the public sector debt
Source: CIA World Factbook (
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5. RECOVERY PARTNERS CANADA LIMITED Suite 2500, 120 Adelaide Street West
Contact Details
RECOVERY PARTNERS CANADA LIMITED
Suite 2500, 120 Adelaide Street West
Toronto, Ontario M5H 1T1
office: (866)
web:
Alex Jurshevski direct: (647)
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6. Strictly Confidential, Legally Privileged and Private
Notes:
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