Picture: Japanese Currency
"Japan's debt of 237 per cent of GDP is...truly a worry for its citizens.It is saved only by a low servicing rate of 0.8 per cent on its bonds but this is bad news for the bond holders (the citizens themselves!)...Japan's deficit is...(at - 9 per cent of GDP)"
Source: We're better off than many
By Phil Ruthven
Business Review Weekly
April 18 - 24th print edition, 2013, page 21