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The Myth That Japan Is Broke: The World’s Largest “Debtor” Is Now the World’s Largest Creditor
Wednesday, September 5, 2012 14:20
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Japan’s massive government debt conceals massive benefits for the Japanese people, with lessons for the U.S. debt “crisis.” In an April 2012 article in Forbes titled “If Japan Is Broke, How Is It Bailing Out Europe?”, Eamonn Fingleton pointed out the Japanese government was by far the largest single non-eurozone contributor to the latest Euro [...]
2012-09-05 14:19:12
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