Question: Will Japan "re-structure" their debt on the backs of their old people?
That's what Greece did earlier this year when bonds came due and the Treasury was empty..
INDIVIDUAL BONDHOLDERS got 17 cents on the dollar plus 13 cents in "new" Greek bonds which are probably worthless. A 72-yr old pharmacist "offed" himself in the square in front of the Parliament building in Athens and left a note behind that he refused to scrounge in garbage dumps for food.
BANK BONDHOLDERS got 100% or the EU banks would have collapsed. Once, again, banks get bailed out, little people got kicked to the curb. When politicians spend spend spend, little people are going to cry cry cry. Legacy media was mum on this. Wonder why?