TSE market capitalization returns to number one in Asia - Expectations for Japan's competitiveness after withdrawal from Chinese investment?
2024-01-17
Category:Japan
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TSE market capitalization ranks first in Asia again
On the 11th, the total market capitalization of stocks listed on the Tokyo Stock Exchange exceeded that of China's Shanghai Stock Exchange. It seems that the TSE has returned to the top spot in Asia for the first time in about three and a half years. Various things are being talked about, including a move away from investment in China and expectations for Japan's competitiveness to recover. In the first place, the current strange international situation is the result of developed countries investing in dictatorial countries such as China and Russia.
G7 countries monopolized the world's wealth
In 1973, the G7 once accounted for 65% of world GDP. That's the GDP of only seven countries. This was seen as a monopoly on the world's wealth, and problems in developing countries were discussed. At that time, the world was also in the era of the Cold War, but the Cold War itself was at least a better era than now. Economic and political exchanges between communist and capitalist countries were closed off and blocked by a barrier called the Iron Curtain. Russia and China are calling for a return to the Cold War era, but is that really the case? One could argue that the Cold War era was the era with the least number of wars in the world.
The collapse of the Soviet Union changes the balance.
After the collapse of the Soviet Union, the countries of Eastern Europe collapsed one after another. China also pursued a path of liberation and reform, aiming to become an open nation. After the fall of the Berlin Wall, the world went crazy and thought the era of tension was over, but that was not the case at all. The loss of balance in the world has led to localized conflicts. Issues that were not highlighted during the Cold War era have been exposed as tensions have eased. Various things have been said about this, and while that may be true, I believe that it is essentially a matter of money.
Global capital flows into authoritarian countries
What began with the collapse of the Cold War was global capital, or so-called globalism. Globalists are talked about as a conspiracy theory on social media, but there is no interest in knowing who is behind it. The problem is that the era when business and investment in authoritarian countries began can be thought of as the collapse of the Cold War. Did they simply think that the world would turn to democracy once communism fell? What is clear today is that the country has spent decades cultivating a state in which its domestic market is opened up to the capitalist state as much as possible, and wealth is distributed by a dictator.
Democracy is a condition for investment
The Cold War era was a great time. It was a time when the world was divided based on ideology, and it was a rational and peaceful time. The world should once again create an iron curtain of democratic and non-democratic countries. We no longer need to care how much wealth the G7 makes. Only countries that choose the democratic state form can receive democratic investment. As long as we continue to be a dictatorial nation, we should just live with the economy of dictatorial nations. You should rethink that. However, there will be some remorse for the times when we grew a nation that grew fat and threatened us with weapons.
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[related article]
How many natural resources are there in the waters near Japan? Possibility of Japan including EEZ.
Trauma of Japan, a country without resources
Japan's area is not small
Is Japan 52.4% of mainland China?
Rare earths, oil, these are just the beginning
Cabinet Secretariat “The Future of the Sea”
Are undersea resources a treasure trove to save Japan?
Japan is in a state where it can be said that marine resource development is almost untouched. As a country lacking in natural resources, it relies on foreign sources for many natural resources, including oil. During World War II, Japan was surrounded by ABCD as a country with no natural resources, and was in a situation similar to a food raid. They lost the war due to America's overwhelming amount of supplies. One cannot help but wonder why marine resource development did not progress after the war. Since we lost the war because we didn't have the resources, there may be many people who argue that searching for resources means starting another war, but this is a completely different story.
Japan's land area is 380,000 km2, ranking it 62nd out of 196 countries in the world. Japanese people tend to think of Japan as a small country because they tend to focus on top-tier countries such as the United States, China, and Russia, but Germany, Finland, and Poland are smaller in area. However, Japan is a maritime nation. When looking at the total of territorial sea, contiguous zone, and EEZ, Japan ranks 6th in the world in terms of ocean area with 4.47 million km2. And if you add the extended continental shelf, it is 4.65 million km2. If Japan's land area is added to this, the area that Japan can independently mine is 5.03 million km2.
China is covered by countries such as Japan and Taiwan, and there are few oceans that China occupies. That's why they dream of expanding into the ocean, but China's land area is 9.6 million km2, and in fact, including the sea, Japan has about 52.4% of mainland China. is. Because China has a large land area, natural resources and oil are mined. However, Japan's seabed resources are still unknown.
In 2018, researchers from Waseda University and Tokyo University discovered that hundreds of years' worth of global demand for rare earths, which are essential for manufacturing precision equipment, is found on the ocean floor around Minamitorishima in the Ogasawara Islands. This was discovered through the team's investigation. A research team from Ibaraki University and Hokkaido University has announced that one of the world's largest oil fields may lie dormant off the coast of Ibaraki Prefecture's Goura coast in 2020.
Cabinet Secretariat Ocean Policy Headquarters Secretariat “The Future of the Sea” Excerpt
The Basic Law on Ocean Policy was enacted in April 2007 and came into effect in July of the same year. The Basic Law on Ocean Policy outlines the basic philosophy of harmonizing the development and use of the ocean with the conservation of the marine environment, as well as the responsibilities of the national and local governments. It also stipulates that a Basic Ocean Policy Plan be established approximately every five years, and that the Ocean Policy Headquarters, headed by the Prime Minister, be established in the Cabinet. The current Basic Plan on Ocean Policy, which was approved by the Cabinet in April 2013, clarifies ``the vision of Japan as a maritime nation'' and sets out initiatives that should be prioritized in light of changes in the social situation regarding the ocean. and indicates the direction of ocean-related measures. It also specifically describes the efforts that the government should comprehensively and systematically implement over a period of approximately five years in the 12 areas specified as "basic measures" in the Basic Act on Ocean Policy. The existence of energy and mineral resources such as oil, natural gas, methane hydrate, and submarine hydrothermal deposits has been confirmed in Japan's territorial waters, EEZ, and continental shelf, and the possibility of Japan becoming a resource superpower is hidden.
The 2007 Basic Law on Ocean Policy was formulated during the first Abe Cabinet, and Japan's exploration of seabed resources went into full swing. What if Japan becomes a resource-rich nation? I would never have thought of that. Because Japan is a small country... No. There is a high possibility that there will be a breakthrough in undersea exploration. There may come a time when Japanese people don't have to work so hard.
Does Japan procure labor from anti - Japanese countries? - Are you not considering the issues of immigration policy?
It is said that Europe and the United States are reconsidering their immigration policies due to failures, but the United States views immigration from South America as a problem with guns and drugs, not immigration from Canada or Europe. When considered as a white group, they tend to have a lower birthrate, and it is predicted that white people will become a minority in the United States by 2060.
If Europe is facing social unrest due to immigration from Muslim countries, it is certain that this will happen if it accepts immigrants from countries that can be described as hostile religions. In Europe, the periphery means Islamic countries or Africa due to location. However, travel and work within the EU are basically free, so EU countries accept foreigners. The reality is that the West is trying to prevent immigration from dangerous countries.
What is fatal for Japan is that historically it has not been blessed with neighboring countries. If Japan had the issue of which country to procure labor from based on this kind of thinking, then it would be a crazy idea to bring labor from a country that routinely provides anti-Japanese education to its citizens. There are members of parliament.
In Asia, at least in terms of cultural background and religion, there are countries that believe in Buddhism, countries that have an affinity with the Japanese imperial family as a kingdom, have a good level of education, are pro-Japanese countries, and have a strong acceptance of Japan. It would be desirable if there could be collaboration that would allow Japan to be involved with educational institutions in partner countries.
In any case, Japan's efforts to combat the declining birthrate will be over once the second baby boom generation fails to have children. Even if the competitiveness of Japanese companies increases due to the weak yen, they will not be able to bring their production bases back to Japan, and on the other hand, if they continue to flow to other countries, their GDP and tax revenues will simply become income for other countries.
Who is Japan's first female prime minister candidate?A rival candidate who is being dragged out as an attempt to disperse women's votes.
The moment Makiko Tanaka comes up as the next prime minister, Japanese public opinion feels hopeless. He inherited the position of former Prime Minister Kakuei Tanaka, and became popular in the media for his oratory skills, and became the Minister of Foreign Affairs under the Koizumi administration, but his actual political beliefs are unclear and he is no longer just making political jokes. People in the audience began to notice that this was the case, and the audience grew tired of his speech, which was filled with repeated slander against Liberal Democratic Party members.
As a result, she lost the election in Niigata's 5th ward, which was her father's seat, and was not elected even after a proportional restoration. This is a loss for a second-generation lawmaker with experience as prime minister. In other words, she was out of favor with both the Liberal Democratic Party and her local constituency. Personally, I think that she will run as a candidate for the Democratic Party if she thinks it is impossible for her to run for the Liberal Democratic Party, and that it is completely unclear where her political beliefs lie.
It is surprising that the media is once again elevating this person. I wonder if it's the media that's lifting it or the audience that's lifting it. It seems like she could be a candidate for the next president if she talks about politics and money issues in a fun way. In the first place, she probably won't even be able to return to the Liberal Democratic Party. How can she become the president of the Liberal Democratic Party without becoming a member of the Liberal Democratic Party?
Another female member of the Diet who has been nominated is Tokyo Governor Koike. She seems to be working hard to talk to Tokyo Governor Koike about whether or not she will run in the general election, but Mr. Koike seems to have clearly denied her candidacy. In the first place, how will she become a member of the Diet if there is no dissolution before the presidential election, and will she become the president of the Liberal Democratic Party?
Looking at it this way, it appears that what some media outlets are trying to do is divide the vote for a female president. Perhaps it would be better if she were well-known and a woman, but her purpose was to suppress candidate Takaichi. In the ranking of women's politicians who they would like to see become Japan's first female prime minister, Yuriko Koike came first, Makiko Tanaka came second, and Sanae Takaichi came third. The first and second place candidates are not even Liberal Democratic Party members.
Is the party ticket issue the result of a sound whistleblower? In Japan, a spy paradise, you can do whatever you want.
The public prosecutor's office is said to be looking into the party ticket issue, but the main concern is the source of the leak. The original story is an article in the Japan Communist Party's Red Flag Newspaper dated November 6, 2022, but it feels strange that a specific group is being hit in a domino pattern like this. We have seen a pattern in the past in which scandals are discovered one after another within the administration, resulting in a decline in approval ratings. I always wonder who is leaking this.
Japan is said to be a spy paradise, but how many spies are there in Nagatacho? I have no idea how many people are from which country or from which country. Since GHQ was involved in the central government of Japan under trusteeship, some people say that by extension it has a thorough understanding of the system, and that the CIA and others continue to infiltrate and collect information. This is not to say that whenever problems occur in Japan, it is the work of spies, but rather that they could easily do it if they wanted to.
If another country is in charge of a scandal involving a Japanese politician, and it becomes inconvenient, should we leak it?
In China, I sometimes hear people say that Xi Jinping is a smart leader because he advocates eradicating corruption, but this is ridiculous. It can be said that the anti-corruption movement is what created Xi Jinping's dictatorship. Xi Jinping has monopolized real power by eliminating political opponents one after another on the grounds of corruption. In addition, no one can say anything because they have the public security thoroughly investigate corruption by all Communist Party members, have evidence gathered, and arrest any strange behavior. Corruption-free cases in China are rare, so it's like almost everyone is threatened.
From the perspective of these countries, it seems easy to infiltrate Japanese politicians' personal secretaries, public secretaries, accountants, etc. with intelligence agents. Is Japan already so suppressed in various areas that it cannot even enact an anti-espionage law? At the very least, there is no doubt that corruption is a no-no, but if espionage from other countries is allowed to do whatever it wants, it would be as if Japanese members of Congress were also held hostage.
It is necessary to solve the problem of political funding fraud, but if information management is sloppy, there will be no problem.
Judgment cases seen from the murder of former Prime Minister Abe and the murder of a member of the Diet in the past. [Table of Contents]
Assassination of Inejiro Asanuma
Hyōsuke Niwa stabbed
Shinjiro Yamamura stabbed case
Koki Ishii stabbed
Nagasaki Mayor Shooting Case
Indefinite imprisonment in past examples
Planning is the worst
1 Representative and degree of influence
Life imprisonment or death penalty
Inejiro Asanuma, chairman of the Japan Socialist Party Central Executive Committee, is a 17-year-old right-wing boy, Otoya Yamaguchi, during a speech at the Hibiya Public Hall in Chiyoda-ku, Tokyo on October 12, 1960. The case of being stabbed by an arrow.The criminal Yamaguchi committed suicide in a single room at the Tokyo Juvenile Classification Home on the night of November 2, three weeks after the incident.
October 21, 1990 A former member of the House of Representatives (12th term) belonging to the Liberal Democratic Party and Hyōsuke Niwa, a member of the Aichi Prefectural Assembly (2nd term), was temporarily discharged from hospital due to schizophrenia at the Ground Self-Defense Force station in Nagoya city. He was stabbed in the neck and died the following month.The criminal is readmitted to a mental hospital.
In 1992, on April 12, the day before his visit to North Korea as the leader of the LDP delegation, he was stabbed and killed by a 24-year-old second daughter who suffered from a mental illness at his home. Her second daughter wasdetermined to be incapacitated due to her loss of soul and was not prosecuted, but she committed suicidefour years later.
On October 25, 2002, Democratic Party member Kouki Ishii died after being stabbed in his left chest with a Yanagi knife at his home parking lot in Setagaya Ward. On June 18, 2004, the Tokyo District Court sentenced him to life imprisonment, stating that he could not trust the defendant's alleged "financial trouble" motive.On November 15, 2005, the Supreme Court confirmed a sentence of life imprisonment.
At 7:51 pm on April 17, 2007, Mayor Ito, who was on a tour, arrived in front of his election office in Daikokumachi, Nagasaki City, near JR Kyushu Nagasaki Station. He was shot at around 7:51:45 pm shortly after staff told reporters that the mayor had returned.
On May 26, 2008, the Nagasaki District Court sentencedto death, pointing out that it "shook the foundations of democracy, such as confusing elections."
On September 29, 2009, the appeal trial at the Fukuoka High Court abandoned the first-instance judgment, andwas sentenced to life imprisonment again. In a peculiar case in which the incumbent mayor was shot dead during the election, the suitability of the death penalty for one victim became the biggest issue. Regarding the reason for avoiding the death penalty, Judge Shoichi Matsuo pointed out that "It is necessary to fully consider that there is only one victim."
He then decided that "it is a challenge to democracy, but the motive is a grudge against the victims, not the purpose of obstructing the election itself," and concluded that "the choice of the death penalty must be hesitant."
Regarding the cases where politicians were killed in the past, except for the case where the criminal committed suicide, both the case of Kouki Ishii's murder and the case of Tetsuya Shiroo's shooting have been confirmed as indefinite imprisonment for the murder of one victim.
The murder of former Prime Minister Abe includes social impact, election obstruction, firearms tampering, sword law violation, planning, clear murder, execution of murder, and unclear motives. When considering planning, it is a weapon that manufactures firearms by itself and is prohibited by law that has the ability to kill, which is considered to be the most malicious in terms of planning.
It is not at the level of purchasing kitchen knives in advance at a home improvement store or making a detailed action plan to kill the victim.
There is no doubt that he is one of the most influential people in Japan in terms of social impact, but since he is a general member of the Diet, it is unknown to what extent it will be added.
The motive is attributed to personal grudges, but there is no causal relationship between the suspect's mother and religious groups.There is no causal relationship with former Prime Minister Abe. , I can't find the part that takes into account the situation.
If you look at past examples, you will be sentenced to life imprisonment, but it will be interesting to see if you will be sentenced to death.Former prosecutor Yoji Ochiai points out that there is a possibility of the death penalty, using the death sentence of the first instance of the Nagasaki District Court as an example.
Although it is an epoch-making judgment as a death sentence for the murder of one person, what kind of judgment will the judiciary make regarding planning, its maliciousness, selfish motives, etc.? The anger of the people does not seem to subside.