DMB
19 Nov 2009, 10:20 AM
So go home and do something about it!
http://www.timesonline.co.uk/tol/news/world/asia/article6922502.ece
The low birthrate and shrinking population have also featured heavily in a new set of worries over Japan’s sovereign debt — the monumental pile of public borrowing that amounts to nearly 190 per cent of GDP. The debt manageable so long as Japan’s economy continues to grow. The concern is that an ever-shrinking number of Japanese youngsters will ultimately buckle under the weight of what their parents’ government borrowed.
http://www.timesonline.co.uk/tol/news/world/asia/article6922502.ece
The low birthrate and shrinking population have also featured heavily in a new set of worries over Japan’s sovereign debt — the monumental pile of public borrowing that amounts to nearly 190 per cent of GDP. The debt manageable so long as Japan’s economy continues to grow. The concern is that an ever-shrinking number of Japanese youngsters will ultimately buckle under the weight of what their parents’ government borrowed.