mrstickball on 10 July 2010
And to tag onto HS:
It doesn't matter if the nation is corrupt or not, if the debt-to-GDP ratio is so off-balance, that the nation can't dig itself out of the hole easily. In Japan's case, its very lucky because the interest rate of its bonds are very, very low (2-3%). If investors began to grow skeptical of Japan repaying its debts, things could get very ugly, very quickly.
Also, Akvod...I gotta ask this. How many stimulus projects are going on where you live? What are they doing to remedy the situation we are in?
Back from the dead, I'm afraid.
