Japan's Debt Problem Visualized - Not Good

[JazzB1987]

MikeRox said:

ironmanDX said:
Start a war with North Korea, or someone else. War can do wonders to a country's economy.

Just destruction otherwise though.

It's a myth that war is good for the economy. Wars bankrupt countries. Being able to take advantage of the window of repairation is where economies benefit. See the US after the second World War (UK etc were all near bankrupt from financing that war for 6 years).

Japan's new government is now having a last ditch attempt at going on a mega money printing spree to inject inflation into the economy. It's one of the biggest games we've ever seen with a county's finances as it could well leave them with an uncontrolable debt burder. On the plus side for Japanese companies like Sony and Nintendo it will seriously devalue the Yen meaning they will make far more profit on overseas sales and allow plenty of scope for price drops.

Ask the US government how much $$$$ they made thanks to WW2. German trucks had FORD motors etc.  The US was supplying Germany with material to fight Russia  and when Germany was to good at beating Russia they supplied Russia with material so Germans couldn't defeat Russians. It was a smart move in terms of economics but not in terms of humanity.

War is just bad for the country that loses the war for the others its usually just short term loss with long term profit.