"Kokka-Hatan ha Arienai" by MASUDA Etsusuke

The title of this book means that "There is no chance that the nation (Japan) will be crashed"... very sensational (^_^;;; Yes, this book discusses the Japanese national finance.

According to the author,
* The JGB (Japanese Government Bond) is the debt of the nation
(government) and NOT of the people!
* The economy of Japan is not bad, and could not be bad for future, too!
* The decreasing of the national population is not bad!
So the nation (Japan) cannot be crashed!!!

The opinion is extreme, but the contents are very interesting contradictory to my expectation.

The recognition of the present status is almost the same as Mr. Sakaiya, a former director general of the Economic Planning Agency. However, the conclusion we should take from now is completely opposite!

(Finished reading on Oct.21, 2007)


The more detailed Japanese version of this article is here!

Japanese character(s) (kanji)
* MASUDA Etsusuke : 増田悦佐
* Kokka-Hatan ha Arienai : 国家破綻はありえない