Debt

Sergey Stankevich09.05.2023

Commentators, out of habit, were flippant about yet another row in the US Congress over the national debt ceiling. They have a tradition. The Republicans refuse to raise the borrowing limit, the government runs out of money in all stash pockets, the parties noisily quarrel, then at the last moment before the default they find […]

Nicholas Erin10.05.2020

Japan’s national debt has hit a new high for a fourth straight year. The Finance Ministry says government debt stood at ¥1,114.54 trillion, or about $10.45 trillion, at the end of March 2020. That’s an increase of about 104.85 billion dollars from a year earlier. Thus, the national debt more than doubles the size of […]

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