Properly directed, the national debt becomes the spending money of the people. It stimulates demand, stimulating productivity. To keep the system stable and sustainable, the money just needs to come from the nation’s own government and its own people, and needs to return to the government and people.
http://www.globalresearch.ca/the-myth-that-japan-is-broke-the-worlds-largest-debtor-is-now-the-worlds-largest-creditor/
Other views of the Japanese government's management of its economy, and of its suport of its insolvent banks, are possible.
Sad and possibly unrelated news.
