Japanese housewives sit on 14 trillion yen in savings

"They now sit on $14 trillion. So when you add that to the $670 billion or so of US debt that the Japanese bought last year, it surpasses the $802 billion the Chinese bought."


Source:Lawrence Wilkerson, former chief of staff to United States Secretary of State Colin Powell talks about US debt
Japanese housewives & American debt
October 29th, 2009 posted by James
http://www.japanprobe.com/2009/10/29/japanese-housewives-american-debt/


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