Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: PGR88
"They have Trillions of dollars, so much so that any extra aid the USA offers them, will probably have to be borrowed from Japanese or Chinese in the first place!!"


Actually, they have the biggest debt crisis of any industrialized nation after trying to spend their way out of "The Lost Decade".
98 posted on 03/17/2011 9:37:36 AM PDT by rob777
[ Post Reply | Private Reply | To 49 | View Replies ]


To: rob777
Yes, Japan's debt relative to GDP is nearly highest in the world (over 200%), due to [now two] "lost decades" of bullheaded government fiscal policies and stimulus packages.

Japanese and gaijin living in Japan need a lot of help, particularly in finding and reuniting survivors and families and rebuilding infrastructure and reopening the plants / factories after the devastating earthquake and tsunami destruction, instead of panicking about effects of "radiation" in places far from Fukushima plants.

It doesn't make it any easier, but... sho ga nai. Hope everything turns out well with your family and friends, as well as others there.

140 posted on 03/17/2011 11:43:36 PM PDT by CutePuppy (If you don't ask the right questions you may not get the right answers)
[ Post Reply | Private Reply | To 98 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson