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© KYODOFY2018 budget to total record high Y97.7 tril
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© KYODO
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Goodlucktoyou
If everybody pays at least 10% more tax, except very rich, can’t see this as a problem.
fxgai
As long as Japan doesn’t need to service its existing debts or prop up its regions, everything is juuuuuust fine.
JeffLee
@fxgai
Aren't you one of the posters who enjoys pointing out with a sense of alarm that the BOJ is buying up all of Japan's debt? Well think about it. A huge chunk of the "servicing" you speak of is paid to the central bank, and guess what: the money ends up back in the coffers of the Finance Ministry. There's your "government debt." Scary stuff, eh?
Ever wonder why none your fear-mongering over the last few years has never come close to materializing?
fxgai
I am no fear monger, I just have a smidgen if common sense and a longer term view - not unlike many people in the BOJ monetary policy committee itself who have expressed such concerns.
Keep that head in the short term sand mr speculator.