"Worse than Greece": Is Japan's Debt at Breaking Point?
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Xiaoxiao
English
College Students
Concise
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Summary
Japan's economy faces a severe debt crisis as its debt-to-GDP ratio exceeds 240%. Attempts to normalize monetary policy have led to rising inflation and borrowing costs, straining government finances. Recent bond yield spikes raise concerns about Japan's ability to manage its debt, complicating the path to economic recovery.