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ancianita

(42,764 posts)

44. Got a link? I seriously doubt this, and you might want to read more about it.

Wed Dec 10, 2025, 07:22 PM

Dec 10

You might want to read more about the state of Japan's economic wealth.

Japan is a developed country with one of the world's largest economies by nominal GDP, it is a global leader in the automotive, electronics, and robotics industries, in addition to making significant contributions to science and technology. It has one of the world's highest life expectancies, but is undergoing a population decline. The culture of Japan is well known around the world, particularly its popular culture as expressed in animation, art, comics, cuisine, fashion, films, music, television, and video games.

Japan ranks highly for competitiveness and economic freedom. The country attracted 36.9 million international tourists in 2024, and was ranked eleventh in the world in 2019 for inbound tourism.
The 2024 Travel and Tourism Competitiveness Report ranked Japan third in the world out of 117 countries. Its international tourism receipts in 2019 amounted to $46.1 billion.

The high-speed Shinkansen (bullet trains) that connect major cities are known for their safety and punctuality.

There are 280 airports in Japan as of 2025. The largest domestic airport, Haneda Airport in Tokyo, was Asia's second-busiest airport in 2019. The Keihin and Hanshin superport hubs are among the largest in the world, at 7.98 and 5.22 million TEU respectively as of 2017

Relative to gross domestic product, Japan's research and development budget is the sixth or seventh highest in the world, with 907,400 researchers sharing a 22-trillion-yen research and development budget as of 2023.
Japan has the second highest number of researchers in science and technology per capita in the world with 14 per 1000 employees.
Japan has produced twenty-two Nobel laureates in either physics, chemistry or medicine, and three Fields medalists.

Japan leads the world in robotics production and use, supplying 38% of the world's 2024 total.
Japan has a large industrial capacity and is home to some of the "largest and most technologically advanced producers of motor vehicles, machine tools, steel and nonferrous metals, ships, chemical substances, textiles, and processed foods".[85] Japan's industrial sector makes up approximately 27.5% of its GDP. The country's manufacturing output is the fourth highest in the world as of 2023.

https://en.wikipedia.org/wiki/Japan

All told ... No, Japan is not on the verge of national bankruptcy. Most economists and officials agree that an imminent financial meltdown is not a risk for the sovereign government.

While Japan has the highest national debt-to-GDP ratio in the developed world (over 260%), a financial crisis has been avoided due to the unique structure of its debt:

Domestic ownership:
Over 90% of Japanese government bonds (JGBs) are held by domestic institutions, including more than half by the Bank of Japan itself. This means there is a low risk of a sudden, large-scale withdrawal of foreign capital that could trigger a crisis.

Yen-denominated debt:
All government bonds are denominated in the Japanese yen, giving the central bank greater control over monetary policy.

Current Economic Challenges
Despite stability at the sovereign level, Japan faces several significant economic issues and structural problems:

High corporate bankruptcies: The number of corporate bankruptcies, particularly among small and medium-sized enterprises (SMEs), has reached an 11-year high due to rising costs, the weak yen, inflation, and severe labor shortages.

Aging population: Japan's rapidly aging and shrinking population is a major structural challenge, leading to a deficit of workers and increased social security costs, which strains public finances.

Household debt: Personal bankruptcies are also rising as households struggle with increasing debt, higher interest rates, and the rising cost of living, with salaries remaining low compared to other G7 countries.

Fiscal policy concerns: There are growing doubts about how long the country can sustain its current spending path, and some analysts are concerned that a significant loosening of fiscal policy could pose a risk to its sovereign credit score.

So while there are significant domestic economic challenges and high levels of debt, the structure of Japan's debt prevents an immediate risk of national bankruptcy.

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Secret longer version of US National Security Strategy calls for Core 5 countries to run the world [View all] muriel_volestrangler Dec 10 OP

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And the recent sign on by Canada to the EU's defense strategy, as a partner. Bev54 Dec 10 #34

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You read that right orangecrush Dec 10 #18

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The republinazis like Orban's Hungary, area51 Dec 11 #68

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These guys are morons Red Mountain Dec 10 #19

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Fuck this shit all to Hell. stage left Dec 10 #51

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Bringing down this Criminal Enterprise is JOB ONE!!!!! BurnDoubt Dec 10 #23

3 countries from BRICS? ... aggiesal Dec 10 #24

I expect we may well see the EU along with UK and Australia, NZ and Canada and perhaps Bev54 Dec 10 #38

Umm... Rob H. Dec 10 #25

Yes, it is white nationalism - full racism, and Great Replacement Theory stuff muriel_volestrangler Dec 10 #27

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I don't think our prospects in THIS country slightlv Dec 10 #29

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I hope this prez is dead in the grave, slightlv Dec 10 #28

This is the New World Order the 'patriots' worried about. blm Dec 10 #30

And then there were three C_U_L8R Dec 10 #31

Japan?? It is on the verge of bankruptcy Bev54 Dec 10 #32

Got a link? I seriously doubt this, and you might want to read more about it. ancianita Dec 10 #44

You think that is good news for Japan? Perhaps they do not think they are close to bankruptcy Bev54 Dec 10 #48

Just sayin' and linking why it's not "on the verge of bankruptcy," as you say. Given ancianita Dec 11 #67

Geez. Who else does he owe money? Kid Berwyn Dec 10 #37

Yikes! yellow dahlia Dec 10 #39

And this is how we Make America Great Again? nt Trueblue Texan Dec 10 #40

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Well, this is one way to start blue-wave Dec 10 #47

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The Enemy within. Mr. Sparkle Dec 10 #50

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