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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (56709)10/21/2009 6:03:17 AM
From: elmatador  Respond to of 217917
 
How much debt can an industrialized country carry before the nation’s economy and its currency bow, then break?
...
years of stimulus spending on expensive dams and roads have inflated the country’s gross public debt to twice the size of its $5 trillion economy — by far the highest debt-to-G.D.P. ratio in recent memory.

Just paying the interest on its debt consumed a fifth of Japan’s budget for 2008, compared with debt payments that compose about a tenth of the United States budget.
nytimes.com

Jesus! One day we need to take another ship load of Japanese like we did in 1908!

On June 18 1908, the first Japanese immigrants arrived in Brazil, aboard the Kasato Maru. A new era was about to start for Brazilian culture and ethnicity, but permanence was not first and foremost in the mind of the newly arrived workers who had responded to the appeal of a Japan-Brazil immigration agreement. Most of them had imagined their trip as a temporary endeavor – a way to achieve prosperity before returning to their native country.