'Godfather' of Abenomics: Japan's sales tax hike must be delayed

http://www.telegraph.co.uk/finance/economics/11232512/Godfather-of-Abenomics-Japans-sales-tax-hike-must-be-delayed.html

Marc Faber, the famous Swiss investor, has accused Japan of "engaging in a Ponzi scheme" because the BoJ is hoovering up most of the debt that has been issued by the government. While Mr Hamada agreed that Japan had created a "mild ponzi game", he also said it was a "feasible" one because of Japan's huge foreign reserves.

“In a Ponzi game you exhaust the lenders eventually, and of course Japanese taxpayers may revolt. But otherwise there are always new taxpayers, so this is a feasible Ponzi game, though I'm not saying it's good.”

Someone please prove to me Japan's train wreck isn't about go off the rails.