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

[dano]

At 10:21 PM -0700 6/30/04, joanna bujes wrote:
>I don't get it, Japan's trade surplus is huge. It doesn't maintain a 
>big army, it has no public pension system. What is this huge debt 
>about?

I seem to remember the government is doing massive public works right 
now to deficit spend and stimulate the economy.