Lib Dems win general election and promise to privatise Post
Lib Dems win general election and promise to privatise Post
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Discussion

john75

Original Poster:

5,303 posts

277 months

Monday 12th September 2005
quotequote all
Lib Dems in Japan have one a landslide victory and have promised to privatise the Post Office.

Egbert Nobacon

2,835 posts

273 months

Monday 12th September 2005
quotequote all
That's a blurry sirry idea glasshopper...

JagLover

46,777 posts

265 months

Monday 12th September 2005
quotequote all
Not exactly surprising as that was the reason given for calling the general election.

The post office in Japan is a massive financial institution; historically it has been used to funnel cheap money to favoured industries.

the Prime Minister's attempt to privatise it was blocked by a faction of his own party. He then called a general election and deselected the Mp's involved.

Perhaps Japan's decade long recession is nearing the end. If the have the will to implement the necessary economic reforms I am sure economic growth will take off.


>> Edited by JagLover on Monday 12th September 12:31