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trouble brewing in Japan that could make a real mess of the world economy over the next few months heres the whole story in 99 seconds Japan has been quantitative easing since March of 2001. thats 23 years of continuous money printing whats the worst thing that could happen this has resulted in a debt to GDP ratio of 263 percent in Japan well that doesnt sound so bad thats twice the debt to GDP of the United States okay that sounds really bad after 23 years more than half of Japanese government debt is now held by their Central Bank compare that to just 17 percent of the U.S national debt thats held at the Federal Reserve now Japan has a big problem with interest rates held so low literally no one else on Earth will lend money to the Japanese government well doesnt this sound like a great time for Japan to double the size of their military World War III hasnt actually started yet right asking for a friend uh all of human civilization turns out doubling the size of your militar