Out of 37.1 billion yen in debts, 13.8 billion was transferred to taxpayers, the rest paid off by JR revenue and sales of land and stock https://twitter.com/zoepiel/status/876914163410448384 …
Moreover, JNR was only an example of privatizing an *unprofitable* transportation service in a country full of profitable ones like Odakyu
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I should also point out that by privatizing JNR, taxpayers were spared paying for ALL of its past debt while running up lots of new debt
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If JNR were still public, how much debt do you think it would have today?
End of conversation
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