The curse of primary balance has been lost for 30 years, and now is the time for fiscal spending.
2021-12-30
Category:Japan
I'm participating in the ranking.Please click and cheer for me.
The lost 30 years were born from the curse of fiscal surplus
The curse of a primary balance surplus has become an excellent material for opposition parties to appeal to the government for fiscal austerity. Yoichi Takahashi has said that he does not mind fiscal stimulus, or printing money, up to the inflation target of 2%.
Both Prime Minister Abe and Policy Research Council Chairman Takaichi have set an inflation target of 2%. In the first place, the topic of primary balance became popular after the bubble burst.
Why not use fiscal stimulus to address the national crisis?
As many large companies go bankrupt, the government repeatedly imposes fiscal stimulus, resulting in deficits and financial bankruptcy. The bursting of the bubble was a national economic crisis.
So when is the government going to do something about the national crisis without spending money? In 1989, 32 of the 50 companies in the world by market capitalization were Japanese companies, but by 2019, there was only one Japanese company, and that number had disappeared. Ta.
Japan used to be the same as today's China
During the bubble period, Japan was to America what China is today. It is true that growth was not based on illegal business like in China, but there is no doubt that it was a threat to the American economy.
The United States should have predicted Japan's bubble would burst. Or maybe it's a country that can play a role in triggering this.
Why did Japan go for austerity?
If Japan had been able to implement bold fiscal stimulus after the bubble burst, it would have been possible to quickly overcome the aftereffects and return to a growth trajectory. Japan is among 11 countries subject to currency manipulation monitoring announced by the U.S. Treasury Department on December 3 of this year.
MEMO Trade friction is at the root of the current U.S.-China relationship. In addition, the defense of East Asia was also involved, and Japan at the time was also experiencing trade friction between Japan and the United States.
30 years of innovation, only to be robbed
Even after the bursting of the bubble economy, Japanese companies have continued to innovate in a variety of ways. i-mode was the world's first mobile phone to connect to the Internet, the all-in-one concept of integrating a camera, calculator, memo pad, etc. in a bag into a mobile phone, and mixi was the original social network.
These ideas became the exclusive domain of American GAFA. Even though Japan was in the bud of creating a new industrial structure, it ran out of water and nutrients.
Only Councilor Sanae Takaichi was able to clearly answer these questions
So why or who put a stop to it?
Internal pressure, external pressure, various things can be imagined. Japan's balance sheet shows that its finances are sound, and fiscal stimulus will not cause a national fiscal collapse. This is exactly what was at issue in the last presidential election. There are two points: fiscal spending and national defense.
Councilor Takaichi was the only one who clearly answered that question, and I had no idea what the other candidates were saying.
POINT Japanese economy continues to fly low. We need a rocket engine to get back on the growth track.
I'm participating in the ranking.Please click and cheer for me.
[related article]
Kinki University succeeds in completely cultivating eel for food - Is it possible to dramatically increase the calorie - based food self - sufficiency rate?
Kinki University has succeeded in completely cultivating edible eel. Previously, I was surprised to hear that eels had been successfully hatched artificially, but this time it will be completely farmed. The ecology of eels is not well known, and it was thought that eel fry hatched in the Philippines or near China, grew up, and circulated throughout the Japanese archipelago, but eels are now being farmed within Japan, including these areas.Originally, eel was a delicate species that reproduced through wide-area circulation, and was rare and expensive, but due to the cost of aquaculture, it may soon become a food that can be easily eaten. What is noteworthy is the eel protein. Eel has more protein per 100g than beef.
Originally, there were no large animals living in Japan, so people ingested protein from tofu, miso, and fish. Whaling was largely a cultural aspect and was a source of food for large animals and high protein content. If it were possible to farm eel in large quantities, it would be more efficient than other edible meats, and the result would be omega-3 fat, which is good for the body instead of animal fat.Japan's food self-sufficiency rate is announced to be 66% on a monetary basis, but the low level of 38% on a calorie basis is largely due to protein deficiency. If edible eel were easily available on the table, the calorie self-sufficiency rate would rise dramatically.
Recently, it was announced that rare earth mining will begin in 2024 in the deep sea of Minamitorishima, Japan's Ogasawara Islands. The amount of rare earths buried in this sea area is said to be the largest in the world, and is said to be enough to meet the entire world's demand for several hundred years. The underground oil reserves of the Ibaraki Prefecture Goura coast are estimated to be one of the largest in the world, based on the amount and area of gas generated on the seabed surface.
Japan has not made any progress in marine resource development. Despite the fact that there was a lack of resources as a reflection of the defeat in the war, Japan continued to engage in resource diplomacy by relying on foreign sources, and these became a conduit to oil-producing and other resource-rich countries. However, when the world becomes this unstable, it is impossible to say such things.
Japan has the 6th largest area in the world, including the EEZ.
Speech at the banquet of Emperor Showa, who addressed the post - war food crisis and conveyed his gratitude for the food aid, on his visit to the United States.
Emperor Showa who gave his life
Request food aid in exchange for imperial treasures
Food aid realized
Emperor invited to the White House
Emperor Showa who gave his life
When Emperor Showa visited MacArthur's office, he asked MacArthur to help the Japanese people in exchange for his own life. MacArthur later wrote, ``I was convinced that the man in front of me was the best gentleman in Japan.''
In the winter of 1945, Japan experienced a serious food crisis after the war, and Emperor Showa told Kenzo Matsumura, the Minister of Education, ``It is said that there are quite a few items belonging to the Imperial Household that have international value.'' Therefore, I ordered the director of the Imperial Museum to investigate and create a catalog.I would like to give this to America as compensation and use it as food to stave off starvation for the people for just one day. "Take the sea urchins with you," he ordered.
Matsumura was perplexed, but at the strong will of Emperor Showa, he delivered the inventory to MacArthur, who was surprised and said, ``I would not even honor it by taking away the treasures of the imperial family and offering them food in return.'' '' and said that after returning the inventory, they would take steps to provide food aid from the United States.
In 1975, Emperor Showa was invited to the White House by former President Ford as a state guest. American public opinion had little interest in the Japanese Emperor's visit to the United States, and it was never reported, but everyone could have imagined that the Showa Emperor would naturally hold a grudge against the United States. At his White House dinner, His Majesty the Emperor gave the following address:
``I have long desired to visit your country for many years, and if my wish were to come true, I would like to convey the following to your people. I would like to personally express my gratitude to your people for the warm kindness and assistance you extended to us in rebuilding our country immediately after that unfortunate war, which we deeply regret. I expressed my gratitude.
Furthermore, ``The number of people in both countries who are unaware of the recent war is about to exceed the majority.However, even if times change in the future, I believe that the generosity and goodwill of your people will be handed down among the Japanese people for a long time.'' '', the venue erupted with loud applause.
After that, the story quickly spread throughout the United States, and for six days in a row, the front pages of newspapers reported on the visit of the Japanese Emperor to the United States. This event took place 30 years after the end of the war.
Is the Unification Church issue a problem of separation of church and state? - Abnormal public opinion that condemns people just by saying hello.
The problem started with the murder of the former prime minister
There is no law that says no to politicians getting involved in religion
What are the benefits of specific religions from the country
Incoherent media tone
The issue of the Unification Church has become somewhat incomprehensible in Japan. It is said that the mother of the person responsible for the incident in which former Prime Minister Abe was shot and killed was a member of the Unification Church, and that her past misfortunes related to this were the motive behind the incident. Former Prime Minister Abe reportedly gave a speech at the Unification Church. However, this is still just a statement before the trial. I don't even know if that's the real motive.
Politicians are often asked to attend and give speeches at meetings of various organizations. It can also be said that this is part of political activity. Some people refer to the constitutional principle of separation of church and state, but when interpreted as a law that prohibits the state from providing benefits to specific religious groups, it can be interpreted as a law that prohibits individual politicians from drinking alcohol, regardless of which religious group they greet at. It's not something I already know.
Facilitation by the state refers to the provision of advantageous systems and benefits to specific religious groups by law. Even if they say hello at the Unification Church, they will probably also visit Yasukuni Shrine, and if the Dalai Lama of Tibetan Buddhism visits Japan, will the Japanese Prime Minister meet him? He will probably meet the Pope when he visits Japan. Does this violate the principle of separation of church and state? We just met.
The problem with the Unification Church is simply a question of how to regulate large donations to religious organizations that violate public order and morals, as well as forced requests, and is far from an issue of the separation of church and state.
Britain and Italy begin joint development of next - generation fighter jet - Will Japan's next - generation fighter jet be a game changer? It has been announced that the UK and Italy will jointly develop Japan's next-generation fighter aircraft. It had already been announced that Japan would develop a successor to the F-2, but now Japan has agreed to jointly participate with the UK and Italy. Prime Minister Sunak said the joint venture would create thousands of jobs in the UK and strengthen security ties.
It has advanced stealth characteristics, and AI functions support humans when the pilot is under extreme stress or unable to respond to a situation. If necessary, it can be operated without pilot instructions and can fire supersonic missiles.
Since the 1990s, the Ministry of Defense's Technical Research Headquarters (currently the Defense Equipment Agency) has developed the advanced technology demonstration aircraft X-2 to explore the possibility of developing a future stealth fighter F-3 (tentative name) using Japanese technology.
The X-2 aircraft underwent a total of 32 flight tests until October 31, 2017, verifying its stealth and maneuverability. This demonstrated that Japan has the ability to produce the F-3 domestically.
Among the 6th generation fighter jets currently being developed by various countries, the F-3 will have the highest performance. This is a fighter jet that truly represents the evolution of Made in Japan technology.
It is clear that the F-3 fighter will play an important role in NATO's strategy in the future, and it will be a game changer in China policy due to its clear performance differences. The future of Japan joining NATO has become a reality.
Will increased defense spending enable Japan to create innovations never seen before? - Amendment to Article 9 of the Constitution, revival of the military industry, and technological development.
Aims after constitutional amendment
Japan becomes a military power
The history of weapon development is a history of technological innovation
A world of innovation that cannot be imagined in everyday life
Japan should revise Article 9 of its constitution and revive its military industry. As I recall, Congressman Takaichi was the first member of the Diet to speak clearly about this issue. Amendments to Article 9 of the Constitution will expand Japan's military power and increase its defense capabilities, which will greatly reduce the risk of war. My personal opinion from the beginning has been that simply reducing the risk is a failure, and that technological innovation will be born by developing various military technologies in the name of military budgets.
If that happens, there will be countries and people who ridicule Japan's efforts to become a military power and try to get in the way, but it would be better to say clearly, ``Japan will become a military power.'' No engineer is aiming for second or third place in the technological development competition. When it comes to Japanese technology, it is normal to aim for the top in the world. Too many people think that if they developed a weapon, they would be murderers.
What exactly are the bronze tools used for thousands of years BC? It is a weapon and a vessel. What is iron? This is also used as a weapon, agricultural tool, and various decorations. These processing techniques were developed to defeat the enemy in war. Countries that acquired these processing techniques gained supremacy over their regions and acquired cultures such as bronzeware and iron-related crafts.
What exactly is an aircraft? Don't stop thinking just because the Wright Brothers achieved their dream of flying. The development of airplanes progressed with the investment of national funds for use in the war, making them faster, safer, lighter, and larger, and they were put into practical use during World War I. What exactly are passenger planes commonly used today? Grumman and Boeing are in the military industry.
Hitler was passionate about automobile development and invested a large amount of state funds. At that time, automobiles were the pinnacle of industrial technology, and were connected to the drive and performance of military vehicles and tanks. Winning in automobile races increased national prestige. Why are BMW, Mercedes-Benz, Audi, and Volks still so strong?During this era, Germany won the technological competition.
What are nuclear weapons? A bomb that uses the enormous energy released during nuclear fission. So what is a nuclear power plant? The electricity for the PC I am currently using is also generated by nuclear power.
Is the country that developed the coronavirus vaccine a medical technology powerhouse? Completely different. These are countries that conduct military research into bacterial and viral weapons.
The technology to defeat the enemy in war is a technological innovation for survival that assumes the extraordinary, and has no taboos. Human history has proven that this is a field where innovations and paradigm shifts that cannot occur in everyday life can occur in the sense of achieving a goal using various methods. In other words, Japan should seriously aim to become a military power. This is because, at the same time, unimaginable technological innovations that can be used for peaceful purposes will be born.