How Far Can The Yen Fall Before Japan Goes Bankrupt?

We may be about to find out

Japan’s ongoing march to national bankruptcy has been a recurring theme here. See:

Japan Is In That Box
Japan Takes Another Step Towards the Cliff
How a Country Goes Bankrupt, In 10 Steps

Now the death spiral has entered a new phase, with the yen/dollar exchange rate heading straight down:

To restate the “Japan collapse” thesis, soaring government debt will…