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Japan has deficit-spent more than the United States as of late. Japan has problems, but an existential loss of trust in the central government and failure of st
by _the_king_ 4y ago
Japan has deficit-spent more than the United States as of late. Japan has problems, but an existential loss of trust in the central government and failure of state capacity are not among them. They have bullet trains.
- s1artibartfast 4y agoJapans Nominal GDP also peaked in the 90s, and their Debt/GDP has continually increased since.
- jdmichal 4y agoJapan's GDP-per-capita has been roughly stable since the 90's: https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=JP https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?location...
- s1artibartfast 4y agoYeah, no growth and increasing debt is not a sustainable situation