Japan's national debt hit 960 trillion yen ($12 trillion), a record, at the end of fiscal 2011, the Finance Ministry said on May 10.
The ministry forecast that Japan's outstanding debts will top 1 quadrillion yen at the end of fiscal 2012.
On a side note $SPX entering Ichimoku Cloud. If goes below 1400, then 1300 will be targeted in a blink of an eye.
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