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Old 14-12-2010, 13:46   #177
Hugh
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Re: Traffic Management Policy

Quote:
Originally Posted by Ignitionnet View Post
How utterly irrelevant.

Point still stands that we're way behind the Japanese in terms of technology. Bringing suicide rates into the discussion is ridiculous.
This may be more relevant - Economics Help
Quote:
The UK public sector debt is predicted to rise from 40% of GDP last year, to 100% of GDP by 2014.

Japan by comparison already has a public sector deficit of 218% this year and a predicted deficit of 246% by 2014.

Japan has a real problem in the unprecedented scale of its fiscal deficit. It also has a real problem with deflation. Japanese consumer prices fell 2.4% in September, the largest on record.

Exports have fallen 31% after the great recession and a rapid appreciation of the Yen.
I would imagine a lot of that debt was due to the Government central planning and funding of R&D and Infrastructure, including Internet Infrastructure (but willing to be proven wrong).
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