Japan ready to buy more Europe bonds if needed: Noda

Give and take, Japan is selling j-bonds to Russia and elsewhere.

When will these idiots who run our nations realize that you cannot borrow your way out of debt. The problem only gets delayed and grows in size with every new bond that is sold...

@Tokyokawasaki They won't, the dominant way of thinking is a school of though known as Keynesian economics. Which strangely sees surpluses as a bad thing and deficits as a good thing. It also advocates for "pump priming" ( govt deficit spending) to boost the economy. The Keynesian models will have to first destroy itself then people will come to their senses.

Japan is happy to buy Euro bonds and US treasury bonds in large quantities because it helps to push down the Yen.

@AerosX Keynesian does NOT see surpluses as a bad thing. Are you kidding me? Please educate yourself. You are part of the problem.

@ Tigertrap Oh yes Keynesianism DOES in fact see surpluses as a bad thing, obviously you have been either misled or brainwashed or refuse o education your OWN self. Keynesinism is based on John Maynard Keynes theories. Here are some quotes from the man himself "The long run is a misleading guide to current affairs. ""In the long run we are all dead"" and ""The avoidance of taxes is the only intellectual pursuit that carries any reward. "". He also attacked those that were frugal in their earnings with much ridicule, despite the fact that he himself saved money as well.

@AerosX i'll try to explain it to you. keynesian economics suggests policy to COUNTER the business cycle to keep fluctuations to a minimum. that means during economic downturns it suggests public deficit spending to make up for a lack of demand but during the upturns to... guess what? AIM FOR A SURPLUS! you do this by raising taxes when demand is abundant (to cool it down) and in doing so you control inflation.

you can find this on wikipedia. now can i ask you, where are you getting your information from?

@AerosX also, you are misunderstanding his criticisms with savings. He didn't criticize savings period, he criticized EXCESSIVE savings, which was savings BEYOND investment planning. saving in general was not what he was talking about. you are confusing the two as if they are the same thing.

@Tigertrap There is no such thing as "excessive" savings. Savings are savings regardless of how much. Public deficit spending does not work as it always helps lead to a inflation tax and other unintended consequences. You cannot have a surplus by raising taxes as it is always counter productive. To have surpluses, you must cut spending and lower taxes. Cutting spending inevitably leads to deregulation which is good. ALL my economic information comes from the Austrian school of Economics ad the mises institute. "mises.org". Keynsianism does not even have a business cycle Here http://mises.org/daily/4431 here http://mises.org/daily/672 here for Keynes upside down world http://mises.org/daily/3413 here http://mises.org/daily/5477/Hutts-Crushing-Blow-to-Keynes ad lastly http://mises.org/daily/5420/The-Liquidation-Phase-and-Profit-Margins

good idea.... after all, japan is about to lose everything it has invested in US bonds when the government defaults in about 10 days....

AerosX - perhaps you have not read Keynes, but rather posts concerning Keynes on sites dedicated Austrian school economic theory. You state that Keynesianism does not have a business cycle, whereas "General theory..." is largely dedicated to the concept.

You have the common misunderstanding that Keynesianism is all about running perpetual government deficits. It is not. Keynes made the greatest advances in the understanding of economics since Adam Smith. Your ignorance of him means that you will never understand economics. My recommendation is to read him yourself and then reject it if you want based on a genuine understanding.

Why can't they use the money instead to test more animals, fruits and vegetables in Japan, and put Geiger Counters in Fish, Meat, and vegetable places in all food stores in Japan?