BJT babcock & brown japan property trust

Japanese government has this week approved further stimulus...

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    Japanese government has this week approved further stimulus equal to 2% of GDP, after already providing stimulus equal to 2% of GDP already this year. Total of 4%. Japanese companies and people have healthy balance sheets. (Government debt is high at nearing 2 times GDP, but mostly at interest rates of 1 to 1.5%. Also mostly borrowed from internal Japanese companies and people - so government debt service cost is cheaper again as the interest income is taxed. So debt service costs to government per annum is anet 2% of GDP or so.

    I think Japan will have a good economy after mostly getting over the bubble from the 80s and early 90s, after this economic crises.

    Also good diversification from Aus.

    Another reason I've jumped in with both feet.
 
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