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The original article title is "Why Japan is Doomed (and the U.S. and the E.U. too)". The Greek debt crises seems to be looming in the future for Japan, the U.S
by NathanKP 16y ago
The original article title is "Why Japan is Doomed (and the U.S. and the E.U. too)". The Greek debt crises seems to be looming in the future for Japan, the U.S., and the E.U. as well. There doesn't seem to be very many serious plans to stop the accruing debt, and those who think that the debt is no problem are addressed in the article:
Those in denial about Japan's reliance on ballooning debt to fund its status quo (and on America's exact same reliance) basically claim that "It can't happen because it hasn't happened."