>Japan has a debt to GDP ratio of over 200%
Is the Japanese economy fucked?
>>68530361
Yep, next question.
>>68530429
How can it be fixed?
>>68530361
Looks like they need to ask Germany to gib money too.
>>68530756
More anime.
>>68530361
Japanese debt is a wierd topic. While they have the highest debt to GDP ratio in the history of civilization, and have for some time, something like 90-92% of that debt is domestically held. Compared to other 1st world countries where it's more like 65, or semi-failed states like Greece where it's in the low 20s. So japan gets to keep on pretending everything is fine for much longer.
In investor circles betting against japanese government bonds is even jokingly referred to as the "windowmaker trade" because it never works. Even when the fundamentals are all wrong and every indicator is screaming that JGBs should fall or be downgraded, they keep on chugging. People lose money on it all the time, with the biggest wipeouts happening in 1993, 2003, and late 2013-early 2014.
But hey, with a continually inflated yen and recently a surging dollar, I get to buy wierd japanese shit at decade-low prices.
>>68530756
Clearly more immigration!
>>68531100
>Japanese men prefer 2D to 3D
>Sub-replacement fertility rates arise
wew
>>68530756
Communism
>>68531100
kill yourself weeb
>>68530361
Japan is owned by its corporations
(and gangs)
>>68530361
with most of the debt to it's people itself.
so no.
>>68533043
Correct. And there is only one way to fix that.
>>68533552
Woops, meant for
>>68533156
>>68530361
No.
>>68530361
massive debt can easily be maintained with low interest rates and reliable, timely payments.
>>68533156
Yakuza gets its money from embezzling&extorting corporations. Sounds crazy, but Italian-American gangs get a huge amount of their money from government contracts.
>>68532220
good post
>>68532220
This pretty much covers it. The simple explanation is that the Japanese government is taking loans from their own citizens instead of foreign banks. While a foreign bank will rake you over the coals if your debt-to-GDP ratio is above 120% or so (rates ramp up rapidly in the 100%-150% range), you can keep getting the same low rates from citizens.
No, states only go bankrupt once they cannot pay their bills anymore. Japan could have a GDP to Dept ration of 10000%, and as long as they are fluid that means jackshit.
>>68530361
it does not have to. Debt/GDP is just one indicator among others.
>>68530756
when you owe a little the banks own you
when you owe a lot you own the banks
they've been playing long game for a long time
>>68531100
The anime industry is suffering right now because of the recession. Slowing it down won't help, but trying to increase production during a time like this is a terrible decision.
>>68534058
>instead of foreign banks
Less influence from you know who helps
>>68533043
>Implying Communists understand economics
Mfw stupid fucking niggers think autism is a good idea.
>>68530361
it's domestically held debt so there's not as much pressure on the government to pay it back
also the interest rates are negative now, so that lightens the burden
but, yes, that's a god-awful lot of debt and it means your citizens aren't spending that money, it's rotting in low-interest government bonds.
the plus side is the government spends some of that debt on good infrastructure and healthcare, so japan isn't a shithole
>>68530361
Japanese economy was fucked for almost thirty years now. I do not know a lot about economics but anyone in japan can tell you that debt is not the problem.
>>68539686
Bad debt on banks books is the problem. Bad companies don't get pushed out of business, so lots of steel mills and some industrial shit companies that require heavy capital expenditure are sinking the banks that in turn sinks the economy. Government debt is just the manifestation of failed attempts to stimulate the economy. It's a cluster fuck that involves letting a bunch of bedrock businesses together with banks to go under, and Nips will not do it because muh exports. You need old people to die out and reset.
>>68530361
They have a large public debt, but they're also the world's largest creditor country.
Public debt itself doesn't say much about economy.
>>68530361
>>Japan has a debt to GDP ratio of over 200%
