[Roger Rambo]

Originally Posted by Noctis Lucis

This just in.

Japan prime minister Naoto Kan warns of Greek-style public debt problems


Every Premier since Shinzo Abe has spent more and more and more. The Bank of Japan also made it worse my increasing interest rates from .25 to .75 not too long ago (before dropping it to .125), and now... I knew Japan needed Thatcherite, not Keynes economics.

This is what happens when Governments start running things based on massive debt that they have no plan to pay off.