With the U.S. debt-to-GDP ratio approaching 180%, Americans are getting increasingly concerned about the future of our economy. Strangely, however, Japan’s debt-to-GDP ratio is over 250%, and it has not seen any inflationary crisis so far. What does this mean, and what should the takeaway be for America?
In part two of his interview with host Veronique de Rugy, David Bahnsen delves deeper into Japan’s historical economic landscape and what we can learn from it.
David Bahnsen is the founder and managing partner of The Bahnsen Group, a national private wealth management firm managing over $4 billion in client assets. Prior to launching The Bahnsen Group, he spent eight years as a Managing Director at Morgan Stanley and six years as a Vice President at UBS. Bahnsen is also a contributor to several prominent outlets and a best-selling author.
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