Will japan reach bankruptcy?

Question:

if so when and what will the results be.

Answer:

You don't seem to understand the power of Japanese economy.

1) Japan is the 3rd largest economy in the world (in terms of GDP)
2) Japan has the 2nd largest foreign exchange reserves: more than 8 times the amount of the US.
3) Unlike most of the debt ridden countries, including the US, Japan has no foreign debt at all.
4) Unlike the US, almost all of Japan's national bonds are borne by domestic financial institutions.
BTW, Japan holds 882 billion USD national bonds, which is 20% of all the US bonds held by foreign countries.
5) Japan's national savings: 1,500 trillion yen (18.75 trillion USD) is the world largest.

Do you think Japan will go bankruptcy? If you think so, tell me why?