What&#x27;s the end-game here?<p>Obviously their sovereign debt level is enormous too, but it&#x27;s also mostly purchased by the Bank of Japan. It&#x27;s a ponzi scheme that&#x27;s contained within itself.<p>So it must mean Japan is heading toward a currency collapse, correct? They&#x27;re not going to default on their own debt since they own it all and can print whatever they need to keep it serviced.<p>It seems to me that the markets will one day wake up and decide that the yen is worthless...and that will cause ruckus.