Insight - Japan slowly wakes up to doomsday debt risk


By Tetsushi Kajimoto, Leika Kihara and Tomasz Janowski

TOKYO (Reuters) - Capital flight, soaring borrowing costs, tanking currency and stocks and a central bank forced to pump vast amounts of cash into local banks -- that is what Japan may have to contend with if it fails to tackle its snowballing debt.

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