Up and up
There was an article last month about the latest government debt figures.
Seems like it's still going up at just over 1% a year and is now over 8 million yen per inhabitant.
Now, I don't pretend to understand what it means, but I intend to continue diversifying my investments by holding mostly non-Japanese assets and currencies.
Looking at the numbers, it seems possible that interest rates will not rise (making my variable rate mortgage safe?) and government debt will continue to rise (making tax increases likely?).
I'm hoping for a weaker yen in the future, but it would be great to have another five years or so of strength.
Any thoughts on the Japananese government debt?