Thursday, March 5, 2015

Japan Now Spends 43% Of Tax Revenue To Fund Interest On Debt

From Zero Hedge:

Throughout history governments have often overestimated how much their citizens are willing to accept. Japan has a beautiful stoic culture that has been able to endure tremendous suffering. That said, everyone has a breaking point. And that’s when you see that there’s a big difference between love of country and love of government. Bottom line - it’s already starting to unravel.

http://www.zerohedge.com/news/2015-03-05/japan-now-spends-43-tax-revenue-fund-interest-debt

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