The $40 trillion U.S. national debt is smaller than Japan’s relative to its economy—but economist warns America is still ‘the world’s largest debtor’

The $40 trillion U.S. national debt is smaller than Japan’s relative to its economy—but economist warns America is still ‘the world’s largest debtor’ →

“Japan’s debt dynamics are fundamentally different from those of the United States … Japan is the world’s largest creditor nation. The U.S. is the world’s largest debtor.”