>>508195233 (OP)
Japan has more debt than they can ever pay back.
There's a tipping point after which you have so much debt, that it makes your country so expensive you can't produce anything at competitive prices, thus you are unable to be profitable enough to pay your debt back, and you can only accumulate debt. The debt can only grow at increasingly faster rate, and it's mathematically impossible to avoid Defaulting... which is basically a rug pull that destroys your entire debt based economy. Massive layoffs, anyone on welfare is fucked, retirees are fucked, and things look real ugly. Latinx history 101.
