Monday, June 21, 2010

"It is I; be not afraid"



(New Tokyo Symbol from 2012)



Gangsters on National Economy and Sport


Sumo wrestling is regarded as a Japanese national sport.

However, it has been unearthed that many sumo wrestlers have a tie with organized criminals and gangsters through gambling. The Japanese Government should stop providing special support and admitting special status to the sumo sector.

However, as economists and rich people in Japan are enjoying a life without a fear of losing their jobs and money while sacrificing poor workers (partly due to inability and incompetence of economists and rich people), the Japanese Government should stop providing special support and admitting special status to those privileged people in terms of economy and economics.

If the Government cannot do it while shouting a new stupid slogan of a "5% tax rise," another regime change is needed if within the ruling parties.

I will tell you one thing that even a dangerous gangster would pull up the weeds before a devil leads him to a violent showdown. Check them in pulling up the weeds!



SECTION I: Conclusion of a Genius Economist

A Japanese economist who thinks he is a genius got a conclusion about solution to Japanese financial deficit problem, since the government debts have sored to a $9 trillion level, twice larger than Japan's GDP.

His conclusion is that Japanese economy should grow at 4%. Then everything will be alright, since old government bonds will be replaced by new bonds with minor expenses for interest payment. In this model, a growth rate and an interest rate will be balanced.

He also awkwardly wrote that it is the private sector and businesses that can realize this. It is as if a data specialist in a government agency had suddenly discovered reality behind data.

Anyway, this is his final finding after long study on Japanese economy using various mathematical formulae and economics theories and relying on his research experiences in America.

Japanese economy should grow at 4% with efforts of businesses to solve all the financial problems the Government faces.

Unfortunately he is yet to study why the Japanese economy stopped to grow at 4% during 1990's.

People call it deflation. I call it the Chinese effect. But, it is mainly Japanese investments into China through 1970's to 1990's that have caused this Chinese effect.




In this state of the Japanese deflation, no big businesses in Japan went bankrupt like GM. But, most of them have grown like Toyota.

In this state of the Japanese deflation, no rich men in Japan came to lose money like subprime loan lenders. But, a number of rich men has increased.

So, for Japanese businesses and Japanese rich men, the rise of China has turned to another source of wealth like for most of rich men in America.

As a certain Japanese genius economist writes, a 4% economic growth is a must for poor Japanese, ordinary Japanese, and the Japanese Government.

But, as reality is wiser than economics, there is a plenty of reason that the state of deflation with a growth rate less than 4% is very convenient and profitable for rich Japanese and Japanese businesses who control politicians and tie up with elite bureaucrats. They must think that a future financial catastrophe should happen after their death while their grandchildren become rich enough to get rid of its influence.

The genius economist is an ex-elite bureaucrat who worked together with notable economist Mr. Heizo Takenaka and ex-Prime Minister Mr. Junichiro Koizumi in early 2000's or so.

And, it seems that as the genius economist, actually Mr. Yoichi Takahashi, looks like wiser than Mr. Takenaka and Mr. Koizumi, it is time for everybody to study economy while forgetting everything they have ever learnt in the University of Tokyo and Harvard University.

If there are two GMs and two Toyotas in the U.S., prices of cars will become one fourth along with a salary level and a tax revenue level, which is called deflation as seen in Japan which is directly connected to factories in China as if inside Japan.



SECTION II: How to Realize 4% Growth

There are several factors that prevent the Japanese economy from growing at 4%:

1) The Japanese nature will be irreversibly destroyed if 4% growth continues for several years following current industrial and consumer practices.

2) Japanese consumers have already enough goods, products, and appliances in their homes. Yet, a bigger house or a high-grade condominium is a little too expensive for ordinary workers.

3) Chinese effect-driven deflation has ever lowering a salary level for ordinary workers.

4) General consumers have no trust in banking companies so that they do not invest much into venture business with a help from the financial sector.

5) Rich people simply go abroad to get what they want that satisfies their vanity rather than help domestic businesses promote sales and business of related services.

6) As the Government has lost confidence among the people due to the failed management of pension funds by public officials, most of people would not spend much while saving much for retirement.

7) Older people, a major group that has huge assets in society, who experienced poverty after WWII have less motivation to buy something more and invest into something new, since the Government has never introduced an incentive policy for this purpose.

8) Foolish economists are making students in economics more foolish so that nothing effective is produced in the academic circle.

9) The Chinese high growth rate is more attractive for Japanese businesses, investors and rich men for assured returns, so that they do not mind deflation and a weak economic growth in Japan, while they can buy anything of high quality at a cheaper price in the Japanese market.

Indeed, as a lost decade and lost decades are making richer a majority of rich Japanese, the Japanese economy grows at 2%, making poor Japanese and the Japanese Government poorer.

But, it is safe for Japan not to pursue a 4% growth but to get content with a current 1 to 2% growth unless wise politicians and sound economists emerge. To keep the society stable and safe, the current low-key economic state is not so bad and dangerous.

However, from a historical point of view, it is time to think about a safe and educational 4% growth of the Japanese economy without destroying its nature and culture.

*** *** *** ***


Any evidence will not be missed by a kind of Angel who is always prepared to exercise his power to eliminate enemies of the God from the surface on the earth.

Gangsters of any sort must be disposed as enemies of the God before they have become richer.

Now, incidentally, a South African fortune teller said that Japan would win the coming match with Denmark 1-0, though he said Japan would draw in the match with Holland. Japan might tie with Denmark, despite my prediction, though, to be qualified to the 16-team tournament.



('Bout a hundred cops are dead...When a man named Al Capone
tried...
http://www.zianet.com/jw_laurie/Sounds/NightChicagoDied.mid

Source: http://www.zianet.com/jw_laurie/midipage.html)



Joh 6:18 And the sea arose by reason of a great wind that blew.

Joh 6:19 So when they had rowed about five and twenty or thirty furlongs, they see Jesus walking on the sea, and drawing nigh unto the ship: and they were afraid.

Joh 6:20 But he saith unto them, It is I; be not afraid.

Joh 6:21 Then they willingly received him into the ship: and immediately the ship was at the land whither they went.