Slimebeast said:
lol do you have any facts to support that? |
Well yeah. Japan's big problem is they have a huge debt to GDP ratio.
It's like ~230% GDP. Which is silly.
The number is only so high because they have the second largest debt market in the world... thanks to the Japanese being HUGE domestic savers.
They have a gigantically aging population. When people get older. They spend there money. As the population ages, the debt market will shrink.
Even if they completley stop all debt today. They will eventually have a deficit problem because their debt market will collapse.
The only way to fix this? More younger workers.
Well less fix so much as greatly put off, but it would give japan breathing room it currently does not have.








