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Pastimes : Things That Annoy Me

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To: mph who wrote (3325)	9/1/1999 12:20:00 PM
From: Wigglesworth	of 4023

That they can't find a decent sushi chef in the whole country! to run their economy!!! From the NYT: By SHERYL WuDUNN and NICHOLAS D. KRISTOF TOKYO -- One of the striking paradoxes of Japan is that this is a country with the greatest savers in the industrialized world, and yet everywhere one looks there is debt. Japanese savers are famous for their ability to salt away money for the future, but as a nation, this country has some of the worst accounts in the industrialized world, and its debt trajectory increasingly looks like that of a third world country like Tanzania. Much of the public debt, which totals about $5.4 trillion, was taken on at the urging of the United States to stimulate growth. But Japan's debt situation is now so precarious that as talk of new stimulus plans heats up this fall, there are growing doubts about how long Prime Minister Keizo Obuchi can continue to spend furiously in hopes of reviving the economy. "It's like trying to adjust the fire carefully so that you don't ruin the fish," said Sadakazu Tanigaki, a Vice Minister of Finance.

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