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0
kyk88
we are in an intelligent discussion here. i don't claim to be an expert but the phrase road and bridge to nowhere is a figure of speech. the gist is by spending wastefully on infrastructure LDP has made government debt rise to a whopping 200% of GDP. LDP can't really begin the reform needed because it is part of the problem- the troika of LDP, bureaucrat and big business.
Posted in: Abe's return in Japan heartens U.S.
0
kyk88
I went to Japan for the first time at May this year. This has been my goal for a long time. The Japanese are polite. The street is safe and clean. One thing I regret is it was too rush- Osaka, Kyoto, Nagoya, Mt Fuji and Tokyo. We all know how Japan rise from the defeat at WW2 to economic superpower. The Americans even fear that Japan will overtake America but we know that was not to be. Tokyo was sucker punched by Washington- the yen was pushed up. Of couse the Japanese played their part too, the stock market and property price went through the roof, The troika- LDP, bureucrat and businnessmen tried to solve this by spending on infrastructure building roads and bridges to nowhere. Sounds familiar...Abe is using this approach...again. The destruction of Japanese companies continue...only left are car manufacturers. The ageing of Japanese society continue..because of the high cost of living the birth rate continue to plunge. But the thing Japanese fear most is that China will overtake Japan as the most powerful nation in Asia. We all know what Japan did to China during WW2. Abe, you are free to govern Japan. After a while, a new PM will come. You will be consigned to the history of revolving PM of Japan. Japan is going down and you can't stop it.
Posted in: Abe's return in Japan heartens U.S.