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> They are already aware of the wealth benefits of maintaining a balanced budget.

So much so that they... don't. https://www.reuters.com/markets/europe/germany-expects-defic...

> I actually fail to see where they are expanding?

Sorry, the sarcasm didn't come through, should have added a /s. Yes, safety nets are currently contracting everywhere, and the results have been less than stellar everywhere. Japan resisting this is not a bad thing. You fret about their retirement age, when such age is already higher than that in many European countries and being continuously raised. If anything, they lagged behind in slashing social provisions, and that is good.

> Shinzo Abe got assassinated over this.

Abe was assassinated by someone with a grudge against the cult he belonged to. Nothing to do with the economy.



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