Japan to join the status of US and Europe's failing economy

This week, Japan's rating got cut - a first in nine years. Japan now joins Greece, Ireland, Portugal, Spain — all of which have been downgraded in the past twelve months. Japan's massive debt problem will make US and Europe 's problems seemed trival. It is expected to reach twice the size of its economy for the second year running — double what the Bank of International Settlements (BIS) considers a frightening level of government debt. In fact, according to the International Monetary Fund, Japan's government debt will reach a whopping 246 percent in 2014. Factors like declining savings rate, declining population and ultra low interest rate isn't helping things either. As such, in the short to intermediate term, Japan's recovery does not look so promising. ProShares UltraShort MSCI JAPAN (EWV) looks quite a good deal. (Please be cautious when dealing with bear etfs as fluctuations can be volatile.)