Honey SharmaJapan’s Economy: The debt owed by Japan amounts to $9.2 trillion, which exceeds its GDP by 266 percent. In comparison, the United States, the world’s largest economic power, holds a debt of $31 trillion, which represents 98 percent of its GDP. Japan’s substantial debt is primarily attributed to its long-standing strategy of prioritizing domestic expenditure […]
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Preeti Mishra
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