Not really. In the end Japanese will have to pay, in one way or another, and that will be either with huge taxation, or dramatic inflation. Or Default. No good options out there, really.

The Japanese can themselves decide which option to take, rather than being forced into one from the outside. The current elected government seems to have taken the route of inflating away the debt.

> The current elected government seems to have taken the route of inflating away the debt.

Yeah, and it's not a pretty way to go with solving the debt problem. This will result in higher prices for everyone, destroying savings and hurting in result the private sector. "Just" to save the government.

It is not to save the government, it is to save the money from the people who own the government bonds, who are mainly Japanese. It is a redistribution issue.