SteveThompson comments

Posted in: BOJ eases monetary grip; gov't to use Y920 bil for stimulus measures See in context

Japan has the second highest debt to GDP ratio in the world after Zimbabwe. WIth a debt that is nearly 200% of their GDP, it's a wonder that their currency is worth anything. As well, the long term viability of their economy is threatened by their changing demographic. With one of the lowest birthrates in the world and the longest lifespan in the world, Japan will find itself with 40% of its population over 65 years of age by 2050. As well, with their birthrate well below the replacement rate, their population is anticipated to drop by 25% over the next 40 years. With this scenario, it is unlikely that they will be unable to sustain payments on their debt.

0 ( +0 / -0 )

Articles, Offers & Useful Resources

A mix of what's trending on our other sites

©2021 GPlusMedia Inc.