Japan's debt mountain: How is it sustainable? - News Summed Up

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Japan's debt mountain: How is it sustainable?


Japan's debt mountain: How is it sustainable? -Whichever way you look at it, Japan's debt is unfathomably large. Japan's debt began to swell in the 1990s when its finance and real estate bubble burst to disastrous effect. With stimulus packages and a rapidly ageing population that pushes up healthcare and social security costs, Japan's debt first breached the 100-percent-of-GDP mark at the end of the 1990s. - Who else buys Japan's debt?


Source: Bangkok Post June 10, 2020 07:41 UTC



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