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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.
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.