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 ?
