Analysis on the Possibility of Sovereign Debt Crisis Occurred in America and Japan——Based on the perspective of sovereign debt crisis in European

Since European sovereign debt crisis have erupted in 2009,it is still going on and has a tendency to spread to the world.Through analysis on a series of reasons for the occurrence of European sovereign debt crisis,the paper analyze the possibility of sovereign debt crisis occurred in America and Japan based on the perspective of European sovereign debt crisis.Our view is that the economic strength in America and Japan have a advantage with which European countries cannot match,their controllability to sovereign debt relative strength are relatively strong,and the coordination between fiscal policy and monetary policy can effectively reduce the debt burden in the two countries.So they can survive the crisis of sovereign debt.