Truly Japan's debt figures are staggering.
Now Abe is looking at doubling the consumption tax increases proposed thus undermining stimulus via fiscal and QE measures.
With no plans for the dramatic restructuring of the economy laid out time is running on fumes.
Choices are becoming limited and there is a strong likelihood that Abe's government could reach a dead end.
http://www.bloomberg.com/news/2013-08-09/japan-s-debt-surpasses-1-quadrillion-yen-as-abe-weighs-tax-rise.html?alcmpid=breakingnews
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- japan's debt >$10.2 trillion tax puzzle
japan's debt >$10.2 trillion tax puzzle
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