Japan has the highest debt/GDP ratio in the world. It's true most of that money was lent by Japanese people, but as the population gets older people will start

Japan has the highest debt/GDP ratio in the world. It's true most of that money was lent by Japanese people, but as the population gets older people will start draw down their savings. The government will be forced to go to international markets to service the debt, and then the wheels are going to come off. If they had to roll over that massive debt at 3% interest service on the debt would consume the entire budget. They'll have to impoverish the savers through inflation of the yen, assuming that's a political possibility. Is this the sign of a healthy economy? The "lost decades" are not a myth. Japan has been able to preserve the appearance of wealth by borrowing it. Of course the country has great infrastructure. It was all built on borrowed yen in a futile attempt to stimulate growth. But the bill is coming due.