Japan's stimulus

Japan is planning to spend about $270 Billion on a stimulus package to help the country during this current economic crisis. Most of the stimulus packages will be paid for with borrowed money, increasing Japan's mountain of public debt and forcing the government to raise taxes when the economy recovers. At about 170% of GDP, the country's debt is the highest among wealthy countries. Japan is in a worse position than the United States is in terms of borrowing for this economic stimulus. This economic crisis is having a profound effect on nations and reshaping the global economic landscape.

http://www.washingtonpost.com/wp-dyn/content/article/2009/04/10/AR2009041000732.html?hpid=moreheadlines