Japan's Economy Faces Major Challenges Amidst Rising Debt and Transformation

TL;DR
Japan's government debt has surged to nearly $9 trillion, more than twice its GDP, due to prolonged debt-fueled spending on social programs, pandemic relief, and defense, forcing the country to confront difficult fiscal choices amid economic challenges.
- Japan’s Debt, Now Twice the Size of Its Economy, Forces Hard Choices The New York Times
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- Japanese economy | How not to get lost in translation The New Indian Express
- What Happens to Your City When the Federal Check Doesn’t Clear? Strong Towns
- The Japanese Economy Sheds its Skin Nomura Connects
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