{"id":1322,"date":"2015-11-09T13:30:41","date_gmt":"2015-11-09T13:30:41","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1322"},"modified":"2015-11-09T13:30:41","modified_gmt":"2015-11-09T13:30:41","slug":"the-national-debt-of-japan","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1322","title":{"rendered":"The National Debt of Japan"},"content":{"rendered":"<p>Japan&#8217;s government spends more money that it earns in taxes and duties. It thus has to borrow huge quantities of cash to fund its operations.<\/p>\n<p>The total debt of Japan&#8217;s national government is <strong>$8,362 Billion<\/strong>.<\/p>\n<p>Now Japan&#8217;s annual GDP is <strong>$4,602 Billion<\/strong>.<\/p>\n<p>Thus the Debt to GDP ratio:<\/p>\n<p>$8,362 Billion \/ $4,602 Billion = <strong>181%<\/strong>.<\/p>\n<p>This is not sustainable for the long term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s government spends more money that it earns in taxes and duties. It thus has to borrow huge quantities of cash to fund its operations. The total debt of Japan&#8217;s national government is $8,362 Billion. Now Japan&#8217;s annual GDP is $4,602 Billion. Thus the Debt to GDP ratio: $8,362 Billion \/ $4,602 Billion = 181%. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1322","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1322"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1322\/revisions"}],"predecessor-version":[{"id":1324,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1322\/revisions\/1324"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}