%0 Journal Article %T Can the Japanese economic jubilee work in America? %A Mary M. Dickens Johnson %J - %D 2018 %R 10.35841/finance-marketing.2.4.21 %X The concept of the Jubilee springs from the bible with the concept of cancellation of debt after a period of time ¡°to set the prisoners free¡± from their debt. There have been discussions about how it could be applied to a nation¡¯s economy after countries like the US became burdened with debt from personal credit card excesses but also at a national level of debt to finance the social programs of social security, Medicare and so on that have contributed to run-away debt on a national scale %K Japanese economic %K Medicare %K Jubilee springs %U https://www.alliedacademies.org/articles/can-the-japanese-economic-jubilee-work-in-america-10956.html