What is the most indebted country in the World?

BeginnerJoe

Senior member
3,329 350
Who by, General Bill Slim and The Chindits?

Don't you read the news about protests breaking out over the occupation from time to time ? Here are some example:

nn20120910a1a.jpg


0514-OBASE-Japan-US-Military-Okinawa_full_600.jpg


20100425+okinawa-anti-base-rally1.jpg
 

justtrader

Well-known member
470 71
Japan is the least indebted country !!!
As they do not have an external debt like the others
Most of the debt is internal.
If you are talking about the Japanese government that"s a different matter, however none the less,the debt of the Japanese Govt is still owed mostly to the Japanese people.
The Japanese actually hold a large chunk of the American debt.
 

xyya

Newbie
1 0
The only reason most of Japan's debt is domestically held is because it allows the BoJ to ease interest below the zero bound. Not a particularly good idea if you ask me - rates will be low forever!
 

pboyles

Legendary member
8,072 1,302
Don't you read the news about protests breaking out over the occupation from time to time ? Here are some example:

nn20120910a1a.jpg


0514-OBASE-Japan-US-Military-Okinawa_full_600.jpg


20100425+okinawa-anti-base-rally1.jpg

They look pretty happy to me, they're even got balloons.
 
 
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