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MOF panel warns against moves to increase ODA

Tuesday 20th May, 05:51 AM JST

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  • GrouchyGaijin at 11:01 AM JST - 20th May

    Obviously Mr. Fukuda doesn't read JT, because he's handing out money and making financial promises like a drunken sailor. If Mr. Soros is to be believed http://news.bbc.co.uk/2/hi/business/7408620.stm and both the UK & the USA are only now going to feel the fallout of the credit crunch, Japan might do well to reign in spending, tighten the purse strings a tad, and start concentrating on bring its debt to GDP ratio down to a more manageable number. What is it now 150%, (probably more), or something outrageous like that? Nemo dat quod non habet!

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