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And You Thought the U.S. Had Trouble:

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Yet another sterling idea is to raise the age for retirement so that those old people can keep on working and paying those taxes. Of course none of these ideas will work, but then, neither will ours.

And you thought we had trouble.

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 

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Good assessment of Japan's predicament! by Oh on Saturday, Aug 16, 2008 at 9:12:41 PM