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noodles
17-11-2014, 06:12 PM
Japan is the world's 3rd biggest economy and is now in recession. The link below describes the implications for Japan and it's debt situation. What do you think would happen to world markets if Japan defaulted.
http://www.reuters.com/video/2014/11/17/breakingviews-japan-economy-slammed-by-s?videoId=347518161&videoChannel=118110&channelName=Dateline+Asia

winner69
17-11-2014, 08:13 PM
looks like the world is stuffed again

David Cameron warns that second global crash is looming

http://www.theguardian.com/world/2014/nov/16/david-cameron-third-eurozone-recession-g20-warning

JBmurc
18-11-2014, 08:41 AM
Yes 2015 going be a good year to not hold shares / bonds IMHO ....would think after the last few years of Gold Silver crashing they could well do much better as the mass of currency look for a new home so hopefully the PM shares get some love ...the likes of BEAR.ASX or bank deposit like ANZ 18months 5% will be were I,d be invested the bulk of our funds