Sunday, December 14, 2008 2:09 am |
Aso’s latest stimulus worth ¥23 trillion
Prime Minister Taro Aso unveiled a ¥23 trillion stimulus package Friday that will allow up to ¥12 trillion in public funds to be injected into financial institutions, far more than the ¥2 trillion initially planned.
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Well i’m not really all that knowldgeable when it comes to politics, but i think that this is a good idea because if another global depression strikes and this one is worse than the others, the financial institutions will be financially prepared to handle the situation so that no one will be greatly affected by whatever the situation may be.
*knowledgeable