Sunday, August 11, 2013

Japan's Debt Exceeds 1 Quadrillion Yen as Abe Mulls Tax Rise

2013-08-10 ? bloomberg.com

``The world's heaviest debt burden will weigh on Abe when he decides next month whether to implement a two-step plan to double the tax on consumers in a nation with ballooning welfare costs. While boosting the levy would drag on growth, Moody's Investors Service yesterday warned that a worsening of finances would erode confidence in government bonds.'' -- This is total nonsense. If he really wants to stimulate the economy by printing, he can't "take with the other hand" with tax increases. Does ANYONE know what they are doing over there?



Comments: Be the first to add a comment

add a comment | go to forum thread

Source: http://implode-explode.com/viewnews/2013-08-10_JapansDebtExceeds1QuadrillionYenasAbeMullsTaxRise.html

dominos dominos Michelle Obama Oscars Wissam Al Mana seth macfarlane oscar winners anne hathaway

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.