Internationally important elections will be held in 2024 - Japanese politics will be greatly influenced by these.
2023-12-26
Category:Japan
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2024 is an election year
2024 is X-year. The US presidential election will be followed by the Taiwanese presidential election, Russian presidential election, and South Korean general election. The Russian presidential election is likely to be a close call, but everything else will have a big impact on Japan.
The Nationalist Party follows the ruling Democratic Progressive Party
In Taiwan's presidential election, the ruling Democratic Progressive Party has a slight lead, with the Kuomintang and People's Party trailing behind. The third party, the People's Party, has many points in common with the Democratic Progressive Party, but it is a strange party in that it receives political donations from China. There is no movement yet, but if the Kuomintang and the People's Party join together at the last minute, the Democratic Progressive Party will be completely defeated.
Kuomintang is a pro-China party
The Nationalist Party has made it clear that it will maintain the 92 common sense, which means that it will maintain the "one China principle." If pro-China forces win, the result will likely be the same as in Hong Kong.
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Under the United Nations resolution on Albania, China's representative government becomes the People's Republic of China - national representation as a permanent member of the United Nations Security
National representation rights claimed by both sides
Taiwan withdraws from the United Nations as a result of this resolution
Japan and the US tried to prevent Taiwan's expulsion from the UN
Taiwan is just a common name
US supports Taiwan's membership in international organizations
China expands interpretation of Albania resolution
The issue of one China began when the Republic of China (Taiwan) and the People's Republic of China fought over the right to represent China as a permanent member of the United Nations at the United Nations following a civil war. At that time, the Republic of China was a member of the United Nations as a permanent member of the United Nations.
As a result of the 1971 Albania Resolution recognizing the People's Republic of China as the representative member state of the United Nations, the Republic of China withdrew from the United Nations. In advance, Japan and the United States tried to persuade Taiwan to voluntarily decline the right to represent China, but Chiang Kai-shek was not convinced.
One China claimed not only China but also Taiwan. Taiwan was the first to claim the Senkaku Islands before China.
In response to the Albania resolution, the United States proposed a dual representation resolution and Japan proposed an important issue resolution against expulsion to the United Nations. As a result, the Albania Resolution was passed, and the People's Republic of China was to take over the power of representation, eliminating Taiwan's seat.
The problem might have been different if Taiwan had withdrawn its representation rights and applied for recognition as a separate country at the same time.
What we now call Taiwan is not the official name of the country; its official name is the Republic of China. Taiwan is a common name that means the name of the region. At the Olympic Games, it was called Chinese Taipei, and Japan's NHK called it Tiwan, which became a hot topic, but the country's name itself is internationally connected to the United Nations issue.
Based on the above circumstances, the United Nations has simply recognized the People's Republic of China as the representative government of China, and since the Republic of China has withdrawn from the United Nations, this does not mean that the United Nations does not recognize the country.
The United States has said it will support Taiwan's participation in international organizations. U.S. Republican Rep. Jim Risch said that China is expanding the interpretation of the Albania resolution.
Conversely, the basis for China's insistence on excluding Taiwan from the international community is the 1971 Albania resolution.
The United States has criticized China for abusing the Albania resolution by expanding its interpretation. China is pressuring other countries to prevent Taiwan from participating in international organizations.
Leftists are dominant in South Korea
South Korea's president is said to be a right-wing national force, but the majority of the National Assembly is left-wing and both Democrats. The majority of the National Assembly will be the pro-China, pro-North Korea, anti-American, anti-Japanese parties we witnessed during the Moon Jae-in era. If this party wins the general election, an anti-Japanese leftist president will be elected again in the next presidential election.
Will Trump be re-elected?
The big event in 2024 will be the US presidential election. If Biden, the Democratic Party of the United States, were to win here, the environment surrounding Japan would shift to the left, and Japan's cabinet would also become left-handed. China's One Belt, One Road initiative may end in failure, but the Free and Open Indo-Pacific concept advocated by former Prime Minister Abe will also become a mere shell.
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If the world turns right-handed
On the other hand, if the Democratic Progressive Party wins in Taiwan, the power of the people wins in South Korea, and Trump becomes President of the United States, will Japanese politics become right-wing? At that time, the Indo-Pacific concept will progress and a prime minister will be needed to take over the initiative. Is today's Japan simply being swept away without being able to exert its influence even in Asia?
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Just because there is a labor shortage doesn't mean it's okay to collect labor from anywhere - let alone anti - Japanese countries.
Even if we overcome deflation and restore international competitiveness through the fiscal stimulus advocated by the late Mr. Abe and Mr. Takaichi, and even if the total amount of money increases and wages rise, if the economy becomes rich, this means that domestic production will rise. , it is said that even with the current production volume, it will no longer be possible to make things as the population declines, so if the production volume increases, there will be an even greater shortage of personnel.
The current dual wage structure for dispatched workers is simply a measure to compensate for the domestic unemployment rate by relocating production bases to emerging countries due to the strong yen. On the other hand, if the yen depreciates, it will become possible to move production bases back to Japan, and some companies have actually returned to Japan amid the current depreciation of the yen. If production bases return, GDP and tax revenue will increase.
In other words, this is the economic growth that the people want, but what is crucially lacking is human resources. It is difficult to believe that Japan's industrial structure, which is dominated by manufacturing, will be easily replaced by AI. While Japan's competitiveness will increase if Abenomics and Mr. Takaichi's economic policies are implemented, I imagine that it will also lead to a shortage of labor in Japan.
Although there was a shortage of soldiers during the Greater East Asia War, it is said that only about 1.6% of recruited soldiers from the peninsula were able to join the Japanese army. If they don't understand the Japanese language, Japanese culture, or the purpose of war, the entire unit will suffer. Even Japanese women were able to work under the Women's Volunteer Corps Ordinance after passing various hurdles, and those who passed were given the approval of the local governor at the time.
There are people in Europe and America who think it would be a good idea to make immigrants and illegal immigrants work, but do they want to make the same mistakes and go down the path of creating social unrest? If human resources are absolutely necessary, the host countries should be limited by considering cultural background, historical and diplomatic compatibility, and Japan should even be involved in the education of Japanese language and culture. It would be better to abandon ideas such as procuring labor from countries that provide anti-Japanese education now.
Vaccine class action lawsuit initiated by bereaved families - Causal relationship between vaccines and tragedy to be explored on a global scale.
Families of people who died in Japan due to the coronavirus vaccine have started a class action lawsuit. It seems like it has finally begun. As the coronavirus spread throughout the world as a pandemic, vaccines spread as if to follow it. Used by almost all countries.
The dangers of the vaccine, which had a significantly shortened testing period, have been known from the beginning. In Japan, a research team at Kyoto University discovered the phenomenon of vaccine fragments remaining in the blood and presented the findings at an academic conference. It can be said that the harmful effects of residual vaccine fragments on all immune-related reactions are unknown. However, its harmful effects have not been scientifically verified.
The vaccine itself has not been tested or scientifically proven. It is a matter of course that the harmful effects have not been scientifically proven. Even if the plaintiff files a lawsuit, it is likely that the conclusion will be that the causal relationship cannot be determined. However, once this vaccine undergoes formal testing, the causal relationship may become clearer. It will take more than 10 years.
This problem is similar to war in some respects. It is a collective truth that we turn a blind eye to the sacrifices of a few people in order to protect the majority of society. The world is enveloped in this collective truth, and it is also true that tragedies that appear to be caused by vaccines are occurring in every country. The WHO is also silent on this matter. Interpretations and solutions to this worldwide choice of life will probably be completely different depending on the country.
National debt is not the people's debt - The country is not a company - Breakdown of government bond holdings that still do not penetrate public opinion.
The image at the beginning shows the breakdown of Japanese government bond holdings. I sometimes see people say that national debt is the nation's debt or that it is the same as corporate debt, but national debt is the government's debt, not the people's debt. Even if a country is compared to a company, companies do not borrow money from their employees. Debt comes from outside the company, and in this case, it involves purchasing Japanese government bonds from overseas. If most of the debt is overseas, it is natural that the company will default if it cannot be repaid. Purchases of Japanese government bonds from overseas account for 7.3%.
If you really want to say that it is the same as a company, would you say that purchases in Japan are borrowed and borrowed within the company or within the group company? Yoichi Takahashi considers the Bank of Japan to be the same as a subsidiary of the government, and explains that it is the same in terms of consolidation, regardless of whether interest is charged. The Bank of Japan holds 53.2% of Japanese government bonds. He is well known for introducing BS to show that the country holds government assets equivalent to the government's debts (excluding the holdings of the Bank of Japan). The total amount of government assets ranks first in the world, exceeding both the United States and China. Below is the balance sheet (BS) of Japan.
Furthermore, Japanese government bonds are mainly traded in yen, which means that there is no change in value based on foreign currencies. In the case of foreign currency transactions, if the value of your home currency plummets, the face value of your debt will rise accordingly. Suppose your country's currency drops to half its value. Alternatively, if the foreign currency used when trading government bonds doubles, the debt will also double, but since the transaction is in Japanese yen, there will be no effect at all. In an extreme case, former Prime Minister Aso said that repayment would be possible by increasing the number of yen bids. In this case, there will be inflation and the value of the yen will fall, but the theory is that the debt can be repaid because it is the face value of the yen. This was actually said by Taro Aso, a former Prime Minister and former Minister of Finance.
Secondly, the Japanese government is also the world's No. 1 creditor country. In other words, they have foreign bonds and foreign assets. The fact that we are currently talking about national debt as a problem is actually making a fuss about only the debt part, and in fact, Japan has the most foreign assets in the world. This assumes that the government bonds are denominated in yen as mentioned earlier, and if more yen is printed, the value of the yen will fall and the yen will become weaker. If you do this, overseas assets purchased in dollars or euros will increase in value when converted to yen, so the difference will be a large income. Even with the current depreciation of the yen, a large profit margin was generated due to the increase in the valuation of overseas assets.
Representative Sanae Takaichi has advocated the ``Japanese Economic Resilience Plan,'' which calls for a temporary freeze on primary balance (PB) regulations and calls for industrial investment through the issuance of government bonds. She says that even if inflation were caused by printing more yen, it would not have a big impact if the inflation rate was less than 2%. Currently, the yen is depreciating due to the difference in interest rates due to the Fed's interest rate hikes, but the original goal is to induce a depreciation of the yen through the issuance of government bonds and increase the number of bonds, strengthen international competitiveness, and increase wages and tax revenues through rising prices. If the manufacturing industry returns to Japan due to the weak yen, GDP and tax revenue will increase, and government debt can be reduced. For now, this is just the effect of a weaker yen due to interest rate differences, but we are already seeing significant results.
In other words, those who claim that government debt is bad have the completely opposite idea. What ruined Japan after the bursting of the bubble was rather the primary balance discipline, the inability to focus on single-year income and expenditures and to make long-term investments. Japan tightened its finances in the most critical economic situation. If it is the same as a company, when the company is in crisis, the company's safe is closed like a shell, and for the past 30 years, the company has been operating in a state of poverty and not being able to make long-term investments. This is the so-called curse of PB by the Ministry of Finance.
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.
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.