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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (36686)9/3/2009 10:11:58 PM
From: RMF  Read Replies (3) | Respond to of 71588
 
Yeah, I was surprised to hear that Japan was running a debt of 200% of GDP.

And now they've elected a new regime that seems to be intent on spending more..LOL

Spain, Italy and the Brits are running on fumes..

I'm waiting for the spate of books that should be appearing soon on the NYT's list of best sellers that extol the "Chinese System" as the BEST in the World...

Actually the Chinese system is pretty much what ours was in the early 20th century. It worked well for us too. Democracy always seems to screw up good economics.