Japan Exceeds One Million Billion Yen in Debt – "Whatever It Takes" Has Become the Norm.

Japan's debt represents 250% of the country's GDP.

Is money free in Japan? This is the question that foreign observers are entitled to ask themselves as the Japanese Ministry of Finance has just announced that the government's long-term debt has, for the first time, exceeded the symbolic ceiling of one million billion yen, i.e. 7,600 billion dollars.

At the end of March 2022, which marks the end of the f…