Quote Originally Posted by NAGG View Post
Sorry Billfisher but where are you getting your figures from ?
japan has had government debt to GDP ration of in excess of 100% for nearly the last 4 decades ……… today it sits at over 250% - it's over double the US - you really do need to check your figures

As for a challenge that they can easily manage …… really ?

Chris
You can't have read my reference then. And I said overall debt to GDP - the reference explains how they get to 60% and how they can manage an ageing population. You might want to consider there are cost to a rapidly growing population too such as huge infrastructure bill, loss of productivity due to congestion, loss of amenity and strain on the environment. Also the large government debt the US has had for a long time has not had any adverse effects and some economists question whether government debt really matters that much.