Another productive nation is turning into a welfare state. Anybody who knows anything about Asian cultures knows that they simply don’t do welfare. They believe it is shameful to take handouts from the government (or anybody). For the Japanese to turn to welfare in such large numbers really says something about how the world is turning.
Japan seems to be following the U.S. down the path to insolvency and a socialist welfare state. Or maybe they are following Europe down the same path. Japan is a dead man walking.
Read the complete article at The Burning Platform here.
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