Friday, June 11, 2010

Japan = Greece ?

Guardian: Reports that the Government of Japan has warned that it could be on the same path as Greece when it comes to its debt. It is simple folks, there is to much debt in the system, the generic Western Governments can not afford the welfare states that have developed since 1945, the banking disaster of 2008 and the bailouts are just icing on top of a debt from the welfare systems. Those countries that have a welfare system have to have a real and hard public discussion about the role of Government in the civic structure, at the end of the day people will have to accept that the Government can not cover you from birth to death, the Government can only be there for those that really need help, the question that has to be asked do modern Western politicians have the political nerve to tell truth to the voters, if not future generations will pay the costs of the bad Government policy of today.

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