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Story perspectives

Japan's Soaring Debt: A Call for Early Intervention

5/29/2025

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Story summary
  • Japan's public finances are in peril, with debt soaring to 220% of GDP due to excessive government spending. Policymakers are misreading the past, overlooking Japan's unique strengths in times of crisis. As global challenges like trade wars and resource shortages loom, Japan's history teaches that early intervention can pave the way for a more resilient recovery.