S&P’s Ogawa Says Japan Can’t Conquer Debt Woes With Doubled

S&P’s Ogawa Says Japan Can’t Conquer Debt Woes With Doubled

Toshiyuki Aizawa/Bloomberg

An aging population and two decades of low growth after an asset bubble burst in the early 1990s have left Japan with debt that the government forecasts will exceed 1 quadrillion yen ($13 trillion) next year.