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Old 11-29-2012, 10:33 AM
 
3,350 posts, read 4,170,064 times
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Not sure we should be modelling Japan (or the EU for that matter). Their debt ratios would make Greece nervous. Well over 2x GDP on issued debt and 50x GDP including healthcare and social security liabilities. Clearly something must change, particularly in light of an aging/declining population. Laughably unsustainable.
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Old 11-30-2012, 05:08 PM
 
Location: Coastal Connecticut
21,760 posts, read 28,094,478 times
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There will always be a poor class in a capitalist society. It still beats the alternatives.
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