Japan’s Debt Crisis: A Tale of Rising Borrowing Rates and Aging Population

Facing skyrocketing borrowing rates, Japan grapples with a mounting debt crisis. As the Japanese government’s 30-year borrowing rate surges past 3%, experts point to an aging population as a key driver. This comes after the Bank of Japan (BoJ) ended its Quantitative Easing program, leaving Japan vulnerable to rising interest payments.