i thought the usa was in debt

[DVTimes]

but japan is badly in debt too.

[Klen]

Is this fatfoo?

[closer]

thanks for the obvious

[MaDalton]

make a list of those countries that are not - that will be shorter

[Vendzilla]

Japan did the stimulus route, 10 times

[Serge Litehead]

debt is a new wealth
congrats to the winners

[wig]

Originally Posted by Vendzilla

Japan did the stimulus route, 10 times

Japan also reversed the stimulus policy in 1997 with a sales tax hike, which proved to be too soon. Then, since their policy interest rates were already at zero, they proceeded to drag their feet performing any quantitative easing (creating money -- what the US did in QE2).

They also hid the toxic assets on the banks balance sheets -- something the US is not doing (or at least not to as great of an extent as Japan did).

So far, the monetary and fiscal policies executed in the US have had the intended effect (ie; preventing the economy from slipping into a deflationary spiral / liquidity trap, which was well on its way).

Of course, the US faces the problem of future tightening of fiscal stimulus as the pressure for austerity measures mount politically.

Be careful what you ask for.

[CaptainHowdy]

The systems fuels itself with debt LOL...

[DVTimes]

Japans debt is: $10.6 trillion

But think about the size of Japan.

Thats crazy.

[DVTimes]

USA is $14.015 trillion but then again its surly much largar than Japan.

Plus the usa is spending loads on wars, weapons and so on.

What is japan spending the cash on?

[{Psycho}]

I guess UK and India are not in debts

[DVTimes]

USA population: 281,421,906
Japan population: 126,549,976

so for a country that has about half the population of the usa, it sure is in the deep brown stuff.

[DVTimes]

Originally Posted by {Psycho}

I guess UK and India are not in debts

nost countries are.

but japan seems vastly more in debt. plus its a country i presumed was doing well. ie exports in cars and electronic goods.

and they have no wars to spend money on.

i am not sure by law they are even allowed to buy weapons (i forget the internatiol law that kicked in after ww2). so they have no real bills.

[wig]

Originally Posted by DVTimes

Japans debt is: $10.6 trillion

But think about the size of Japan.

Thats crazy.

For sure. That's the bad news for Japan. They have some advantages, also.

The bad news for the US is that the US private sector is more indebted than Japan was, which will make it even harder to get the "pump primed".

[jonnydoe]

Originally Posted by MaDalton

make a list of those countries that are not - that will be shorter

1) China
2)
3)
4)
5)

[Serge Litehead]

outdated but still interesting nonetheless debt vs. gdp:



http://www.visualeconomics.com/gdp-v...bt-by-country/

[HomerSimpson]

wow
Zimbabwe seems to be the leader... (percentage wise)
who is giving them more money anyway?
and why?

Originally Posted by jonnydoe

1) China
2)
3)
4)
5)

Emirates
Libya
Russia