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Japanese Debt

What is the cause of Japans high GDP-debt ratio? I’ve seen a video but I think I need a bit more clarity. Thanks
Click here https://www.google.com/search?q=cause+of+Japans+high+GDP-debt+ratio

Read three or more (10 for scientific levels of accuracy). and take an average point of view, (you can discard the two extreme outliers that might bring up something irrelevant)
Original post by LuigiMario
Click here https://www.google.com/search?q=cause+of+Japans+high+GDP-debt+ratio

Read three or more (10 for scientific levels of accuracy). and take an average point of view, (you can discard the two extreme outliers that might bring up something irrelevant)


Oh so there isn’t a definitive answer or single line of events that caused it, it’s just interpretation
that's economics! (from a horribly biased physics point of view) (other points of view might and will be different, and equally valid)

this is a near twenty year old complaint about Japan https://www.japantimes.co.jp/opinion/2002/04/22/commentary/gerontocracy-and-its-perks-sap-resources/
I think it is slowly evolving from the gerontocracy "an economy for old men run by old men"

but there were bubbles "The Japanese asset price bubble (バブル景気, baburu keiki, "bubble economy") was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated. In early 1992, this price bubble burst and Japan's economy stagnated"
https://www.investopedia.com/articles/economics/08/japan-1990s-credit-crunch-liquidity-trap.asp

it's still an amazing country, clean respectful etc
Original post by LuigiMario
that's economics! (from a horribly biased physics point of view) (other points of view might and will be different, and equally valid)

this is a near twenty year old complaint about Japan https://www.japantimes.co.jp/opinion/2002/04/22/commentary/gerontocracy-and-its-perks-sap-resources/
I think it is slowly evolving from the gerontocracy "an economy for old men run by old men"

but there were bubbles "The Japanese asset price bubble (バブル景気, baburu keiki, "bubble economy") was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated. In early 1992, this price bubble burst and Japan's economy stagnated"
https://www.investopedia.com/articles/economics/08/japan-1990s-credit-crunch-liquidity-trap.asp

it's still an amazing country, clean respectful etc


Oh cool thanks for you help

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