Help us understand why Japanese is a safe haven while debts is 237% of GDP.
Japanese debt is mostly in Yen. Their own currency which means they can set their own interest rates and print money for pressing needs as and when needed.
In this list/graph, note that Japan is the ONLY country that holds its own debt in its own currency. Not even Italy or Portugal use their own currencies.
US, Canada, UK, France also doing very poorly. They should borrow or hire Uhuru to fix their debt problems (Kenya is at a tiny 59% debt).
Thank God mùmbaki was president before huyu mwizi jicho nyanya. Saa hii tungekuwa 500% of GDP.