. >> just looking at for example the public debt, gdp ratio orifice cal deor. fiscal deficit ratio is shocking numbers, comparing the european count countries. but i think from the flow of the money point of view, as long as the -- the japanese economy, the current account surface as it is now, the -- the risk of the -- of the gdp is not that high, just scum paircompared to the f european countries. >> now it has been said a tax hike will hurt japan's economy as households sk cutback on spe what's your take on that? >> if the upper house, finally decides for the consumption tax hike, we will see rush demand in first quarter of 2014. and the kind of the decline, decline in the second quarter. but if the global demand is in a good shape, as it is now, i think that -- those negative impact should be short-lived. >> with the fiscal deficit, twice that of the gdp. do you think a doubling of the consumption tax will be enough to achieve its aims. if not, what else needs to be done? >> no, i don't think so. it is not enough to cover the fiscal deficit. for example, by