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Noah Smith, columnist / economist at Bloomberg Opinion, argues that Japan's debt is a growing problem as interest payments surge, the yen depreciates, and long-term bond rates increase.
Smith states that dismissing concerns about Japan's debt is misguided, given these recent financial pressures.
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Smith has recently challenged claims that there was no economic crash in China, citing rising unemployment and a sharper slowdown in the country. He has also compared per capita GDP in the U.S. and Anglosphere, noting that the gap has widened from $10,000 to $20,000 since 2008, according to a previous analysis. These observations frame Smith’s ongoing focus on key macroeconomic pressures.