[lbo-talk] Japan recovery threatened: S&P

Dennis Redmond dredmond at efn.org
Thu Jul 1 12:55:26 PDT 2004



> Japan's defense spending was 5 trillion Yen in 2002.

That's the equivalent of $45 billion -- miniscule in relation to its GDP of around $4.5 trillion. The stats:

http://www.globalissues.org/Geopolitics/ArmsTrade/Spending.asp

-- DRR



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