JAPAN’S Debt Soars to Historic High…

Sharing is Caring!

Japan’s debt soars to historic high

The country’s national debt has reached 266% of its GDP

Japan’s national debt has hit a new record high, reaching 1,241 trillion yen, or about $9.55 trillion, in the fiscal year 2021, which ended in March, the Kyodo news agency reported on Tuesday citing data from the country’s Finance Ministry.

The country’s debt currently stands at approximately 266% of Japan’s annual GDP, up roughly $190 billion from the previous year.

See also  The Stock Market Is Crashing! Is This 1,000 Point Wipeout Just The Beginning Of A Historic Financial Nightmare?


Help Support Independent Media, Please Donate or Subscribe:
See also  Natural Gas Price SOARS 216% Under Biden, Heating Oil SOARS 199%

Views: 41

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.