Japan’s Debt Burden Is Quietly Falling the Most in the World

bloomberg.com/news/articles/2016-06-01/japan-s-debt-burden-is-quietly-falling-by-the-most-in-the-world

Good job, Abe.

>monetizing debt

You guys are practically in default.
And no, debt doesn't just vanish.

abenomics failed

abenomics succeeded

shills please go! we don't care

exblain

It's literally a meaningless article.

Essentially Japan is such a shitty and fucked up economy, with so much savings and so little demand, that the Central Bank literally finances government spending.

Japan's government spends $1 trillion a year. It only takes in about $500 billion.
Who pays for the deficit?

The Central Bank just prints money to pay for it.

That is what Quantitative Easing (QE) is.

Nowhere is this Abe's doing. It's the Central Bank of Japan, and the fact the Japanese economy is literally a dysfunctional bubble.

That explain how Yen worth shit compared to Real.

I have a friend who went there and bought a fuckton of anime shit and brought it here.

Yen is actually appreciating quickly and is throwing Japan back into recession.

It's all backfiring now after everyone bought into the meme back in 2013.

I remember when a crisis hi hard there, and some Jap-BR were coming back because they literally couldn't find jobs.

What happens really? I mean they should know how to handle economics batter than anybody.

>I mean they should know how to handle economics batter than anybody.
What gives you that impression??

They're pretty developed and smart

What? I'm not saying because they're asians, calm down my mongol heritage friend.

japanese government are not normally japanese
they're so bad people.

>japanese government are not normally japanese

How?

Yes I got that but what gives or gave you that impression??

>top 10 economy
>one of the leaders in technology development
>one of the leader in world automotive market
>etc..

they gave radiation food to children.

>huge population
>only asian country to properly be able to industrialize
>huge demand for all kinds of products and services in te region

yes

You can say those same things about Brazil. Maybe not the automotive part but replace it with something Brazil does.

Haven't slept this night so i'm not able to think well.

Planes. But our economic shitness here is because of >commie in charge of economics

I'm just curious about Japan's economic shitness.

>I remember when a crisis hi hard there, and some Jap-BR were coming back because they literally couldn't find jobs.

2008 hit Japan hard.

>What happens really?

Political pony shows and Obama acting like he wants fewer nuclear weapons.

>I mean they should know how to handle economics batter than anybody.

They are our future economically so they really don't. They are our lab rat.

Debt in Asians countries are stored in Rice, japs eat a lot of rice so naturally the debt diminishes.

>But our economic shitness here is because of >commie in charge of economics

More like commodity prices crashing.

Also, explain the 2001-2002 crisis.

Japanese debt continues to rise.

It's just that the Central Bank owns more and more of it.

It's called debt monetization, and is essentially indicative of a default.

That and Dilma lying about how much she spent.

Everyday now they are finding more shit that Dilma spent and didn't tell anybody, meanwhile two politicians are going to Europe to convince the EU that a coup didn't happened because they were threatening to stop trading with us.

The central bank of Japan is buying national debt.
They have 33% of all debt now. Japan government doesn't need to pay money to the bank substantially.
If government could do growth of GDP, 2% of inflation and taking primary balance, the issue of debt will be cleared.

There will be a huge chimpout when she gets acquitted