Japan may not be buying many Euro bonds either, bro...so don't be so quick to wish doom on others. Japan was there just a few months ago, when Europe needed them. Now they have to focus on their own problems. This is a domino falling that may take down quite a few overly indebted areas with them...and that includes Europe. Read the headlines today about Portugal by chance? I know you all hate the US, but think of the bigger picture first...we're all in this together, like it or not.

[link to www.businessweek.com]

Jan. 11 (Bloomberg) -- Japan plans to buy bonds issued by Europe’s financial-aid funds, its finance minister said, joining China in assisting the region as it battles against a debt crisis that prompted bailouts of Ireland and Greece.

Japan will use existing euro assets in its foreign-exchange reserves to buy more than a fifth of bonds to be issued later in January by the European Financial Stability Facility, Noda said. Japan’s reserves total $1.096 trillion, the government said today.