Japan debt is 263% of its GDP

Author: Best.Korea

Posts

Total: 7
Best.Korea
Best.Korea's avatar
Debates: 356
Posts: 10,596
4
6
10
Best.Korea's avatar
Best.Korea
4
6
10
"As of March 2023, the Japanese public debt is estimated to be approximately 9.2 trillion US dollars (1.30 quadrillion yen), or 263% of GDP, and is one of the highest among developed nations. 43.3% of this debt is held by the Bank of Japan."

Japan also has lowest birth rates in the world.
Best.Korea
Best.Korea's avatar
Debates: 356
Posts: 10,596
4
6
10
Best.Korea's avatar
Best.Korea
4
6
10
"The youth in Japan has been experiencing mental health struggles due to academic pressure, social norms, bullying, and a lack of independence. Moreover, Japan also faces a concerning trend with increasing suicide rates among those under 20. Unfortunately, the stigma surrounding mental health in Japan and a cultural reluctance to seek help only exacerbate the problem. "

"In Japan, children are generally encouraged to excel in school, but the resulting pressure is taking a toll on their emotional well-being. Despite having a below-average poverty rate and one of the strongest economies in the world, Japanese children suffer from low self-confidence, with education experts attributing this to bullying and intense competition to enter college. 
Many children lack independence because their parents discourage them from engaging in playful activities due to academic pressure to perform well in school. For example, in Japan, parents often accompany their 18-year-old children to college due to concerns about safety and well-being. This might be one of the reasons why 90% of 15-year-old children in the Netherlands rated their life satisfaction as 6 out of 10 or higher, while only 62% of Japanese children scored similarly (Hori T, 2022).
Like many other developed countries and high-income societies, Japan has also experienced social withdrawal among its youth. The term ‘hikikomori’ is used to describe individuals who prioritize virtual worlds over real life and remain confined to their homes for prolonged periods. Psychologists believe that youth social withdrawal is often linked to insecure attachment, which suggests that these youths may not have felt secure during their early years. While parental support is essential for a secure attachment, excessive protection can limit children’s autonomy."
FLRW
FLRW's avatar
Debates: 0
Posts: 6,587
3
4
8
FLRW's avatar
FLRW
3
4
8
-->
@Best.Korea

China's Debt is 288% of it's GDP.
FLRW
FLRW's avatar
Debates: 0
Posts: 6,587
3
4
8
FLRW's avatar
FLRW
3
4
8
-->
@Best.Korea

Russia's Government debt accounted for 14.6 % of its Nominal GDP in Mar 2024. I don't know why Trump wants to move to Venezuela, its ratio
was 244%. He should move to Moscow. Oh, that is probably why he was going to build Moscow Trump Tower, but Putin wouldn't let him because he knew it would keep him from being elected President of USA.

sadolite
sadolite's avatar
Debates: 0
Posts: 3,164
3
2
4
sadolite's avatar
sadolite
3
2
4
Americas is 115%.   Current debt accumulation is  1 trillion every hundred days. We will be right up with them in no time.
zedvictor4
zedvictor4's avatar
Debates: 22
Posts: 12,062
3
3
6
zedvictor4's avatar
zedvictor4
3
3
6
-->
@sadolite
Debt is the norm.


Shila
Shila's avatar
Debates: 0
Posts: 3,006
3
3
5
Shila's avatar
Shila
3
3
5
The United States boasts both the world's biggest national debt in terms of dollar amount and its largest economy, which resolves to a debt-to GDP ratio of approximately 121.31%. The United States' government's spending exceeds its income most years, and the US has not had a budget surplus since 2001. Perhaps surprisingly, the countries to which the US is most in debt are Japan, which itself has significant debt, and China, which is often viewed as the United States' greatest economic competitor.