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

[kjkhoo at softhome.net]

At 10:00 pm +0500 1/7/04, uvj at vsnl.com wrote:
>joanna bujes wrote:
>
>Japan
>>doesn't maintain a big army
>
>Japan's defense spending was 5 trillion Yen in 2002.

Which is about 1% of GDP, right? Which is less than Denmark, Norway, 
Sweden, Australia, Netherlands... not to mention Malaysia.

kj khoo