nami on Nostr: But this cannot go on forever i think (they could in Japan because they were careful ...

But this cannot go on forever i think (they could in Japan because they were careful with deficit and could afford inject liquidity, but you cannot judge by the exception and these countries are the exception). They have already used tax payer's money to save the system (for example, exactly at the moment AIG was about to collapse because of lack of liquidity) and i don't think they could do that again in the next serious event of that kind, because the problem would be even bigger. My guess is unfortunately that only another calamity can prevent this, given the system doesn't change