Table: What If Japan's Banks Really Collapsed?
A massive capital repatriation by Japan certainly wouldn't dump its big Japanese investors would trigger entire $332 billion in holdings. Other a U.S. bond-market collapse. investors would pick up the slack.
A stock-market crash would The market has shrunk wipe out global investors and pull from 30% of the global equity down bourses around the world. market in 1990 to 10% now.
Foreign investors would suffer if Global investors have only a the bond market, the world's 5% stake in Japan's $4 trillion second-largest, collapsed. market.