Japanese stagnant economy 2
Japan does not have a fiscal crisis, but only a policy crisis. The Finance Ministry deceives general populace in and out of Japan, only emphasizing gross debt. The government's gross debt is 836 trillion yen, but at the same time hold an estimated 580 tillion financial assets and net debt is only 256 trillion yen level. It is only at the level of 50 % of nominal GDP and it is commonly be seen among the European countries and it is not so much conspicuous debt ratio.
T;hus to employ the policy only to rectify the primary balance of the budget is only a mistake and it is only to squeeze the national wealth of the country or only to serve the interests of the private banking and overseas financial brokers.
Koizumi and Takenaka emphasized the policy change from big government to smaller government but truth is that the Japan's Government is already too small in comparison to other OECD countries.
Governmento Personnel per 1000 is 32 in Japan, but in France 88, in UK 80, in Germany 56, and even in the US 78. Koizumi and Takenaka policy to squeeze the government was truly to destry the governemento service and only served the ideology of the market fundamentalism which only bring the anarchy and turmoil amongst the citizen's life and unacceptable in case of the welfare state.
The Japanese money and assets were siphoned out of the country and served the interests of the villains of the Wall streets and in some cased brought huge profit into the hands of the political leaders of the totalitarian state, say skyscrapers in Shanghai and Beijing and other parts of the capital cities are well served by the sacrifice of the Japanese citizens which were put under the yokes of the mismanagement policy of Koizumi and Takenaka villains politics.
During the days of the Lower House election, even assasin candidates were widely introduced to suppress the freedom of expression and free choice of electrate and mass media was totally under the control of the Koizumi fanatism.