Japan's Economy :दुनिया में सबसे ज़्यादा कर्ज़ होने के बावजूद कैसे टिका है Japan?
Japan's Economy: The debt owed by Japan amounts to $9.2 trillion, which exceeds its GDP by 266 percent. In comparison, the United States, the world's largest economic power, holds a debt of $31 trillion, which represents 98 percent of its GDP. Japan's substantial debt is primarily attributed to its long-standing strategy of prioritizing domestic expenditure to sustain economic growth over the years. Despite this, citizens and businesses in Japan have shown limited enthusiasm for government spending, although the government continues to allocate funds on their behalf. These dynamics underscore key challenges in Japan's economic landscape.