"Ministry of Finance on June 18, Fiscal System Council the estimates and, being placed in much worse situation than the Yubari Hokkaido finances of the country has financial collapse (bankruptcy) (advisory body of finance ministers) It is shown in. When you apply an index that measures the financial health of local governments to "real debt service ratio" in the country, next to the average value of the 04-06 fiscal year of three years is 80.4%, worsening the degree of the country's finances It is going to become more than twice the level of Yubari (38.1%). Finances of the country towards the budget of the 09 fiscal By appeal to extremely severe, can be seen that there is an aim to restrain the local allocation tax increase request from the local government. "
And, even though stretched the National Debt Clock in Web page continues, we have runaway once again the Ministry of Finance in the Japanese government's debt problem. Hear Speaking of real debt service ratio is good, picked up the only debt of the Japanese government, it is usual to have to ignore the huge financial assets.
Speaking of the debt problems of the Japanese government, recently, because I got to tell a great Web page, please have a look.
http://www.tek.co.jp/p/debt_time.html
"Kai National Debt Clock improved version of the Japanese economy revival"
If you look at this National Debt Clock improved version, to GDP ratio of the debt of the Japanese government, we will see that continue to decrease every moment. Why to have a growing debt of the government, speaking as either decrease of GDP, Japan's GDP growth rate, because that is greater than the debt growth rate. Moreover, since the financial assets of Japanese government has continued to increase every moment, the net debt of the Japanese government has began to steadily decline.
Imperceptibly, the financial assets of the Japanese government is approaching the verge 600 trillion yen, it has more than 100% of GDP.
By the way, I wrote in Yaba cans, this more developed countries the government owns vast financial assets, not only Japan. 12% in the assets of the US government-to-GDP ratio, is the United Kingdom 34%.
If you look at the debt of the Japanese government on the net, it has reduced to only 240 trillion yen. At the time of the end of 2006, there is a storage was about 300 trillion yen, we can say with tremendous reduction rate.
If on top of Japan that, GDP growth rate has exceeded the debt growth rate, it is why government debt-to-GDP ratio has continued to decline.
? Financial assets increased, net debt has began to decrease.
? GDP growth rate exceeds the pace of increase in debt, government debt-to-GDP ratio has began to decrease.
These two, when you talk about the debt problems of the Japanese government, but I think the factors that should never be ignored, Treasury also Japanese media also are through,
"Real debt service ratio has exceeded the Yubari! Japan is another's it!"
"Debt per capita has exceeded the ○ × circle! Japan is another useless!"
Such as, we have continued shouting the so-called "Japan Damepo theory".
Anywhere in the world, by dividing the debt of the "government" in the "national", or Will there are media that roars like "! Per capita". Creditors of "debt" of the government, or What am I on earth to be who I am. (As I wrote before, the creditor is a Japanese national)
Anywhere in the world, ignoring the amount of assets held, or Will there are media that roars only debt. In debt and assets, value or type of something money or will you or different?
In the case of the Ministry of Finance, "we want to raise the consumption tax!" We have glimpses of a minimum of motivation, but it does not know why the media does not attempt to investigate even such basic statistics.
If for example take the company as an example, even though continues to grow much debt, if the growth in sales and profits more than that, nobody would not worry. In addition, we continue to grow rapidly also towards the assets, the amount of capital - the company (assets and liabilities) has began to increase, Who would you worry?
All debt is evil! After that there are people who believe, who I think is better to re-study the capitalism from scratch.
Looming financial assets 600 trillion yen of Japanese government, the fact the fact that you are reduced net debt like crazy, that and the GDP ratio of Japanese government debt has declined. If the ignore this two-point "Japan Damepo theory" the media has been expanded, in terms of media do not convey the correct information, and we will have betrayed the people of Japan. If If not not know about these two points, the media will to the fact that there is no capacity.
Although I will use the same phrase as before,
Really to Japanese media, the traitor and the incompetent person, or Will Which is often.
