Oliver's chart above shows Japanese debt at about 150% of GDP when in fact (ie assets not included) the real debt is over 250% of GDP which
is why the country has been a basket case since the early 90s.
https://commodity.com/debt-clock/japan/
PS: If you rack up a boll on your credit card of say $100K and you own your $600K home, do you say that you dont owe any money ?
- Forums
- Economics
- Who do you think will be repaying the Government?
Who do you think will be repaying the Government?, page-58
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online