LDP leader Shinzo Abe, who is the favorite to win the Dec 16 election, is campaigning on a ¥200 trillion ($2.5 trillion) infrastructure plan.
How might a highly indebted country pay for such a lavish plan?
“If possible, I’d like to see the Bank of Japan purchase all of the construction bonds that we need to issue to cover the cost,” Abe said in a speech.
Magical.
