Is the pressure of huge debts with the top U.S. and Japanese economic outlook different

Recently, the international rating agency ratings of frequently shot outside the euro area to adjust, re-ignited the market worried about the spread of the debt crisis in Europe. U.S. and Japanese government debt situation as worrisome. Local 21, the U.S. Treasury released data show that the government debt and social welfare expenditure, the U.S. government deficit in fiscal year 2010 to 13.5 trillion dollars, higher than fiscal 2009 and 11.5 trillion U.S. dollars in fiscal 2008 to 10.2 trillion.

U.S. Treasury Secretary Timothy Geithner said the government would continue to focus on supporting economic growth above the long-term fiscal challenges, but must also be addressed. It is reported the same day the U.S. Congress also passed the 250 billion U.S. dollars in the case of short-term government funding, this bill would continue for most federal government agencies operating funds. Some analysts said the U.S. president has signed tax cut Obama is certainly conducive to economic recovery next year to shift led to further deterioration of U.S. government debt, increase the next two years the United States the possibility of a negative rating outlook.

Yesterday, the Japanese media, Japanese government bonds issued to develop the 2011 plan year, including new debt, including through the issuance of government bonds for the total is expected to expand to a record 170 trillion yen (about 1.72 trillion U.S. dollars). According to data released by Japan's Finance Ministry, as of fiscal 2009, the Japanese national debt has increased to 883 trillion yen. Some analysts said the Japanese government and will continue to rely on huge borrowing, fiscal consolidation will face even greater difficulty.

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