Japan is Broke, Korea is Rich (But Their People are the Opposite) @BehindAsia
Japan is Broke, Korea is Rich (But Their People are the Opposite)  @BehindAsia
Uploaded January 2026 | Updated September 2026, 41 minutes ago
On paper, Japan looks like a failed state with a debt-to-GDP ratio of 250%. South Korea looks like a model student with a healthy ratio of ~50%. But for the average citizen, the reality is flipped. Japanese households are sitting on a mountain of cash savings, while Korean households are drowning in the world's highest private debt burden.

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Japan is Broke, Korea is Rich (But Their People are the Opposite)

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