In winter, I'm a Buddhist,
And in summer, I'm a nudist.
- Joe Gould
"My Religion"
In fact the whole of Japan is a pure invention. There is no such country, there are no such people.
- Oscar Wilde, aware in 1889 that popular conceptions about the country and its people are mostly fiction.
Not even 10% of what Japanese people are thinking is communicated overseas.
- Watanabe Tsuneo of CSIS
All foreign correspondents, whenever they desert statistics for judgments of opinion...become models of self-deception. They may call themselves, with proper gravity, ‘reporters’. But...they are nothing but quack psychiatrists who do not even know that this is the field they practise.
- Alistair Cooke
Where all news comes at second-hand, where all the testimony is uncertain, men cease to respond to truths, and respond simply to opinions. The environment in which they act is not the realities themselves, but the pseudo-environment of reports, rumors, and guesses.
- Walter Lippmann
We want...a revolution - a turning of the wheel, so that the state becomes once again the servant of the people, and not the other way around. We are the progressives now, comrades, (and) you the reactionaries.
- Daniel Hannan
If the textbook says, "It is well known that...", you can be sure that is a very good place to begin a research inquiry.
- Isaiah Bowman, geographer and former president of Johns Hopkins University
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
- Cicero (55 BC)
We do not need a censorship of the press. We have a censorship by the press. It is not we who silence the press. It is the press that silences us. It is not a case of the Commonwealth settling how much the editors shall say; it is a case of the editors settling how much the Commonwealth shall know. If we attack the press, we shall be rebelling, not repressing.
- G.K. Chesterton
You can see a lot by looking.
- Yogi Berra
All text copyright 2007, 2008, 2009, 2010, 2011, 2012 by William Sakovich
E-mail:
ampontan
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Marellus said
Ampontan.
Do you think Japan might have more than 765 tonnes of gold ?
———–
I can’t remember ever seeing anything abot Japan’s gold reserves.
- A
hoihoi said
Japan govenment has a big debt. that is, Japanese citizen and banks are rich because they are creditor。that is why Japanese ￥is strong even in fukushima crisis.. market is tell you real things..
in case of US japan and china etc are credior. it can not wait to pay interest..
incase of japan, the Japanese is creditor. that is , each apanese have creditor 。it is not debt
mass medias and economist are telling a lie…
there is a stiill big room that Japan can use more than 900兆円。because japanese likes saving
hoihoi said
this is interesting..
http://www.jref.com/forum/showthread.php?t=27058
pat00donnelly said
http://australiancannonball.com/2011/10/01/fukushima-children-forced-to-drink-contaminated-milk-at-school/
Any comments?
Marellus said
@Hoi Hoi
Are you saying that since most of the debt of the Japanese Government is held by the people of Japan, it is OK for the Government of Japan to pay back its debt to its people in any way that they like ?
hoihoi said
＠Marellus
if interest rate rises japanese, people getting more rich.
if many people buy Japanese yen, it is something like it is bought Japanese bond. that is .Japanese money can be printed.
anyway Japan still has a big room to use. it has a nothing to do with how big japanese debut is..
if Japanese debt is getting and getting big, overseas assets of Japan also increase more than it.
Japanese people do not have debt and have assets of millions of yen since baby was born.
Originally, even if Japanese people’s debt increases, they are not troubled.
It is the government that is troubled.
if your son is so rich and you are so poor, how woulld it be?
If this is others, how is it?
Japanese gorvernment not need to pay back..
I expect interest rate goes up
Japan does not have a army. to buy japanese bond ownself is to avoid Sudden fall and defalt by war…
Marellus said
@Hoihoi
Thank you for your reply.
Do you think the J-Govt will just print the money to pay back its debt to the Japanese People ?
You say the J-Govt need not pay back its debt. That is very patriotic. Are all Japanese people of the same mind ?
Do you think the J-Govt should buy lots of gold like the Chinese and Koreans are doing ?
Thanks if you can reply, and have a good day.