2 ms·

Japan debt/GDP is more than twice the US's. https://economics.stackexchange.com/questions/11792/what-level-of-government-debt-to-gdp-ratio-is-sustainable https

Japan debt/GDP is more than twice the US's. https://economics.stackexchange.com/questions/11792/what-level-of-government-debt-to-gdp-ratio-is-sustainable https://economics.stackexchange.com/questions/11792/what-lev... Not to say that it's okay, and Japan's economy certainly has issues with stagnation due to the debt load, but it's also not a "we have imminent hyperinflation" kind of thing either. The concern with the past five months isn't so much the level of debt, it's the rate of change - we're increasing it faster than in the past... and this isn't a COVID-level crisis or a 2008-style deep recession either where Keynesian logic might make more sense.

arthurcolle 8mo ago
Is Japan still the largest creditor in the world???
andriy_koval 8mo ago
> Japan debt/GDP is more than twice the US's. Japan borrows on 0.75% interest rate compared to current US's 3.5%.
- toomuchtodo 8mo ago
  This is old information. Japan's borrowing costs have spiked and are ~2.18% as of this comment. Yields are surging due to their debt load (currently ~240% of GDP). Citations: https://tradingeconomics.com/japan/government-bond-yield https://tradingeconomics.com/japan/government-bond-yield https://www.nytimes.com/2026/02/18/business/jgb-trade-excitement.html https://www.nytimes.com/2026/02/18/business/jgb-trade-excite... https://www.axios.com/2026/01/26/japan-bond-market-dollar-yen https://www.axios.com/2026/01/26/japan-bond-market-dollar-ye... https://www.morningstar.com/news/marketwatch/2026012067/japans-long-bond-yields-surge-to-record-highs-why-it-may-be-a-problem-beyond-tokyo https://www.morningstar.com/news/marketwatch/2026012067/japa... https://robinjbrooks.substack.com/p/how-japan-can-escape-its-debt-overhang https://robinjbrooks.substack.com/p/how-japan-can-escape-its... https://www.bbc.com/news/articles/c2dz11pykwno https://www.bbc.com/news/articles/c2dz11pykwno

arthurcolle 8mo ago

Is Japan still the largest creditor in the world???

andriy_koval 8mo ago

> Japan debt/GDP is more than twice the US's. Japan borrows on 0.75% interest rate compared to current US's 3.5%.

toomuchtodo 8mo ago
This is old information. Japan's borrowing costs have spiked and are ~2.18% as of this comment. Yields are surging due to their debt load (currently ~240% of GDP). Citations: https://tradingeconomics.com/japan/government-bond-yield https://tradingeconomics.com/japan/government-bond-yield https://www.nytimes.com/2026/02/18/business/jgb-trade-excitement.html https://www.nytimes.com/2026/02/18/business/jgb-trade-excite... https://www.axios.com/2026/01/26/japan-bond-market-dollar-yen https://www.axios.com/2026/01/26/japan-bond-market-dollar-ye... https://www.morningstar.com/news/marketwatch/2026012067/japans-long-bond-yields-surge-to-record-highs-why-it-may-be-a-problem-beyond-tokyo https://www.morningstar.com/news/marketwatch/2026012067/japa... https://robinjbrooks.substack.com/p/how-japan-can-escape-its-debt-overhang https://robinjbrooks.substack.com/p/how-japan-can-escape-its... https://www.bbc.com/news/articles/c2dz11pykwno https://www.bbc.com/news/articles/c2dz11pykwno