Eli5: How can some country have trillions of dollar in debt like Japan but still functional without any consequences? 390 viewsJanuary 3, 2024 Question90.62K May 9, 2022 0 Comments Eli5: How can some country have trillions of dollar in debt like Japan but still functional without any consequences? In: 101 29 Answers ActiveNewestOldest Anonymous Posted May 9, 2022 0 Comments Japan has an extremely high rate of domestic savings, which balances out the large amount of debt. You are viewing 1 out of 29 answers, click here to view all answers. Register or Login
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