Monday, January 10, 2011

Chart Showing Japan's Gross Debt for 2010 at 226% of GDP

Over at ZeroHedge, they've got a great article about exploding government debt.

The stats on Japan were even worse than I thought. Japan's Gross Debt in 2010 was 226% of GDP!

CLICK ON IMAGE TO SEE FULL SIZED CHART

Read more at Zerohedge.

2 comments:

RYO said...

how the hell in the world we went down like this.. I thought we were one of the best economically speaking.

mikeintokyorogers said...

After 20 + years of low credit and printing money... You'd think they'd learn... but they don't... It's not two lost decades... It's about to become three lost decades...

True Story: Sandii & the Sunsetz, Go-Bang's and Rodney Bingenheimer and Me.

Some readers might know that I am a disc jockey in Japan. I have been doing this a long time.  Long ago, I was the assistant for the lege...