NJ5 on 05 February 2010
routsounmanman said: 200% ?!?!?! And considering Japan's volume of income (or lack thereof), they're in deeper debt than us, right? |
Yes their GDP is more than $4 trillion, so they have around $8 trillion in debt.
Interestingly, almost all their debt is owed to Japanese people. They have big savings so the government doesn't have to go borrow from foreigners.
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