Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

The second thing to note is that while the Japanese government certainly has a gross debt in excess of 200 percent of GDP, it owns nonfinancial assets on the order of 100 percent of GDP (real estate, land), as well as financial assets also on the order of 100 percent of GDP (ownership stakes in public companies, savings banks, and quasi-public financial institutions). So assets and liabilities more or less balance.

—p.79 Japan: Private Wealth, Public Debts (78) by Thomas Piketty 6 years, 8 months ago