I'm pleased to note that at least one major economist realises that public debt owned by the central bank of the government that issued that debt isn't debt at all.
Oh, and about that debt; it’s not good — but net debt is about 100 percent of GDP, not 200, because the BOJ holds so much of it.
Precisely. When you own your own debt it's no longer debt at all.
Now that needs to become part of the mainstream narrative.