Jean-Marc Desperrier <jmdesp@alussinan.org> wrote:
> mtfester@netMAPSONscape.net wrote:
>> So, the savings accounts of individual Japanese (with the highest %age
>> of +70 year-olds in the world) is going to somehow magically pay off
>> the Japanese government's debt????

> Not it will, but it has. The japonese governement *is* getting that 
> money from somewhere, and it certainly is not america that doesn't have 
> enough to finance it's own debt. This money is coming from the japanese 

Um, Japan doesn't have enough to finance its own debt, either, last I 
checked.

> One way (the government bankrupts) or the other (the government raises 
> taxes to the sky), they'll never get that money back.

Sorry, but this is really, er, "imaginative" as economics go.

Mike