Quote:
Originally Posted by Alan Fry
If America goes bust then china will be in real trouble, China is one of Americas biggest creditors, but not as much trouble as japan, they will go best as they have 200% or GDP debt and are also of Americas biggest creditors!
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Japan's debt is quite unique as the overwhelming majority of it is held domestically rather than internationally. It's why they've been able to sustain such a massive debt.