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Japan is closer to 130% debt-to-gdp. The 200% number is based on gross debt and ignores some other mitigating factors for shock value.
by huurtehoog 1mo ago
Japan is closer to 130% debt-to-gdp. The 200% number is based on gross debt and ignores some other mitigating factors for shock value.
- method_capital 1mo agoGreat. Rates going higher increases interest expense materially. You either rack new debt or you cut in places that are uncomfortable. The point is: responsible leadership in the developed world has gone mia for decades. There's a price to be paid that's real.
- outside1234 1mo agoOr you print lotsa yen, which is probably what will happen here
- huurtehoog 1mo agoRemains important to base any analysis on the correct numbers.