Japan is horribly indebted because of their lost decade. Public debt is headed to 200% of GDP this year. http://blogs.reuters.com/japan/2009/11/14/japans-bulgi

Japan is horribly indebted because of their lost decade. Public debt is headed to 200% of GDP this year. http://blogs.reuters.com/japan/2009/11/14/japans-bulging-debt/ http://blogs.reuters.com/japan/2009/11/14/japans-bulging-deb... It's credit rating is ranked lower than Botswana: http://www.independent.co.uk/news/business/news/japan-falls-below-botswana-and-estonia-in-league-table-of-credit-worthiness-644193.html http://www.independent.co.uk/news/business/news/japan-falls-...