Lessons to be learned from Japan's debt woes

Email
Print

Lessons to be learned from Japan

3News NZ

Yokohama, Japan

Yokohama, Japan

New Zealand wants to avoid the fate of Japan.

Its debt level is 237 percent of GDP, the highest debt burden of any developed nation.

International finance leaders are meeting in Tokyo this week – what lessons can they learn from Japan?

Watch the video to find out.

Post a Comment

Before commenting, please take the time to read our moderation guide


(Won't be published)



Comments

11/10/2012 3:10:40 p.m.

Alan wrote:

What a pointless article and pointless meeting of finance leaders - this is purely an excuse for a trip to a wonderful country. Japan is in a very different position to New Zealand in one major fact that the government debt in Japan is mostly Japanese funded. New Zealand however has most of its debt funded by overseas money. Much of the world doesn't consider the debt an issue like the US or Europe. The US and Europe owe other people money, the Japan Govt owe mainly their citizens money.