Japan's debt hits a huge number

  • 11 years ago
Here's a number to ponder- one quadrillion.

That is the amount in yen that Japan's national debt has now reached.

It is the equivalent of 7.8 trillion euros - bigger than the economies of Germany, France and Britain combined.

Japan's borrowings are the equivalent of 245 percent of its annual gross domestic product.

Most of the debt is held by Japanese.

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http://www.euronews.net/

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