Softbank doesn't have enough cash reserves for such a huge inversion. There are no details of how will they do, but one can guess that loans will be taken from Japanese banks and companies around the country, which -depending on how ambitious they are- will be scrambling to stay in business when the debt isn't repaid on time, a highly contagious chain reaction will arise, what will invite the government to use public money, even turning on the printer (on such cases citizens lose). Softbank alone has more than 65k employees.
If the Softbank's inversion is limited to their available assets, or the exposition of each lending is limited to a portion of their real reserves, I think such event will not happen (more than burned money by a bad inversion).
I think it would be quite similar to what has already happened on a global scale with the public money of each country in 2008 (due to the banking pyramid scam), or since 2011 with public loans to TEPCO, an event that could have been prevented if the central plant had been built were originally planned.
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Softbank doesn't have enough cash reserves for such a huge inversion. There are no details of how will they do, but one can guess that loans will be taken from Japanese banks and companies around the country, which -depending on how ambitious they are- will be scrambling to stay in business when the debt isn't repaid on time, a highly contagious chain reaction will arise, what will invite the government to use public money, even turning on the printer (on such cases citizens lose). Softbank alone has more than 65k employees.
If the Softbank's inversion is limited to their available assets, or the exposition of each lending is limited to a portion of their real reserves, I think such event will not happen (more than burned money by a bad inversion).
I think it would be quite similar to what has already happened on a global scale with the public money of each country in 2008 (due to the banking pyramid scam), or since 2011 with public loans to TEPCO, an event that could have been prevented if the central plant had been built were originally planned.