iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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The Sun Also Rises; Japan Passes Record Military Budget

The Abe government is partaking in all sorts of spending, as their population focuses its energy on masturbating to pictures of robots and anime. The older generation,  decrepit as shit, generally disgusted with the impetuous youth, can do nothing but lever up the economy until the fucking thing falls apart.

 

The 5.1 trillion yen ($42 billion) spending package for the year starting April is an increase of 1.5 percent from the current fiscal year, marking the fourth straight annual rise under the administration of Prime Minister Shinzo Abe. It accounts for just over 5 percent of the overall 96.7 trillion yen budget, also approved Thursday.

Major purchases include:

  • 173 billion yen for an Aegis-equipped anti-ballistic missile ship
  • 108 billion yen for six F-35A fighter aircraft
  • 103 billion yen for 17 SH-60K patrol helicopters
  • The figure also includes increased funding for the realignment of U.S. troops in Japan and a new government plane for use by the prime minister on foreign trips

The budget is the first since parliament passed legislation this summer to expand the role of Japan’s military to enable the nation to assist an ally under attack. The legislation led to rare public demonstrations in Japan that triggered a plunge in support for the Abe government.

Or, they can always invade China again and get into the concubine business, seize rice supplies, and partake in Frankensteinian medical experiments.

 

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3 comments

  1. Raul3

    China is so bad at war, all through the history books. But if Japan, with all of their scrupulous record keeping, pulls another WWII slaughter I’d imagine they’ll see the nuke again.

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  2. TaoOfPatrick

    Bullshit! Hope Japan isn’t going to try and dominate the world again.thats our Goddamn Job!

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