Saturday, June 19, 2010
True Financial Figures
During the so-called lost decade in 1990's in Japan, the Clinton Administration did really try to suppress the Japanese financial power.
As they, including The New York Times and The Financial Times, so much made an assertion on Japan's failure in getting through the prolonged recession after the burst of the bubble, some Americans and Europeans thought that Tokyo was full of the homeless. But, they found that even Japanese homeless people were better off than those in Europe and America.
And then what the world has seen is the subprime-loan-triggered American financial crisis, including the bankruptcy of GM and Lehman Brothers, as well as the euro crisis, including the bankruptcy of Iceland and Greece.
It is time to consider what will become of China if put into such antagonism or what the true figures on Japan are.
SECTION I: Financial State of Japan
A Japanese economist has claimed that the Japanese Government should lower the consumption tax rate to 0% (presently 5%), while new Prime Minister of Japan Mr. Naoto Kan announced yesterday or so that his Cabinet would take the financial deficit issue seriously, with an eye to implementing a policy to raise the tax rate to 10%.
SECTION II: High Net Worth Individuals
Merrill Lynch reported something about the global state of wealthy people so seriously as it is a Wall Street business.
The U.S., Japan and Germany together accounted for 54.0% of the world’s HNWI population in 2008, up very slightly from 53.3% in 2007 (see Figure 4), despite the substantial loss of wealth by HNWIs in those countries, particularly the United States.
China’s HNWI population surpassed that of the U.K. to become the fourth largest in the world in 2008 (364k HNWIs), after having exceeded France in 2007.
(Click to enlarge)
SECTION III: Net External Assets
IMF respects Japan so much, but in a complicated manner.
Net external assets hit 266 trillion yen
THE ASAHI SHIMBUN
Japan's net external assets stood at 266.223 trillion yen (about $2.95 trillion) at the end of 2009, the highest figure since comparable statistics were first collated in 1996, the Finance Ministry said Tuesday.
It attributed the 18.1-percent rise over the year-earlier figure to the yen's declining value and the global economic recovery.
According to the International Monetary Fund and other sources, Japan has chalked up the world's highest net external assets for 19 years in a row since 1991. China is in second place with 167.733 trillion yen in net external assets, and Germany is third with 118.860 trillion yen.
Oh, Japan 0-1 The Netherlands!!
Japan's manager Okada said, "Regrettable!"
Japan is to take on Denmark next week in South Africa.
The 2010 World Cup matches are going on whether your are vexed or elated.
Dan 6:19 Then the king arose very early in the morning, and went in haste unto the den of lions.
Dan 6:20 And when he came to the den, he cried with a lamentable voice unto Daniel: and the king spake and said to Daniel, O Daniel, servant of the living God, is thy God, whom thou servest continually, able to deliver thee from the lions?
Dan 6:21 Then said Daniel unto the king, O king, live for ever.
Dan 6:22 My God hath sent his angel, and hath shut the lions' mouths, that they have not hurt me: forasmuch as before him innocency was found in me; and also before thee, O king, have I done no hurt.
Posted by EEreporter at 6/19/2010 12:12:00 PM
Friday, June 18, 2010
(Toward Marunouchi, The Tokyo Station; click to enlarge)
It is said that about 1.56 million American people spent at least one night in an emergency shelter in 2009.
In China, 230 million people moved from farming areas to cities, such as Shanghai, looking for jobs in 2009. Their average monthly wage is about $200.
It is difficult to judge, but a Chinese framer working in a city might be happier than an American homeless.
Yet, those poor people in America and China must have ability to carry out a revolution of a peaceful kind.
It depends on how much they come to think about the God.
SECTION I: No More Central Bank Notes
We have to abolish central bank notes and bills.
We have to allow the Government to print, issue, distribute, and use government notes.
The Government should lend its notes to the Central Bank as the only and last lender to the Central Bank.
The Government should use every means, including laws and new economics as well as super-computers, so as to maintain value of the government notes.
The below presented is an illustration of the circulation of government notes.
As you see, the separation of budget execution from tax collection can be easily achieved.
There is no longer a concept of budget deficits for the government.
However, the central bank should keep a sound balance sheet, since it simply borrows bills and notes from the government.
SECTION II: Stop Alexander the Great
Alexander the Great died far before the era of Caesar, Cleopatran, and Jesus Christ, namely on 10 or 11 June 323 BC (aged 32).
It is believed that the king would have ventured into conquest of Arabia and as far as Iberia, since at the time city Rome had an about 150,000 population but was engaged in a local war while keeping some submissive attitudes toward Alexander the Great.
Conversely, the strongest argument against the poison theory is the fact that twelve days had passed between the start of his illness and his death; in the ancient world, such long-acting poisons were probably not available.
The most probable cause of Alexanders death is however, the result of overdosing on medicine made from Hellebore, deadly in large doses. The very few things we do know about his death, can today be explained only with accidental hellebore-poisoning.
From a religious point of view, probably it was time to stop Alexander the Great.
It is so, since the king imitated a god in banquets. He posed as a king in banquets. Though it was not profane at all among ancient Greeks to masquerade as a king in a banquet, Alexander the Great must not have been allowed to diffuse such a habit or a paradigm to the wider world. He was about to be more influential than allowed by History.
In fact, after his death, his-generals-turned kings coined various coins on which Alexander the Great was depicted as a god, such as Ammon.
A Brief History of Ancient Greek Coins
Posted on Apr 16th, 2010 by E P Wohlfart
The next great trend-setter of Greek coinage was that famous Macedonian king, Alexander the Great. Having conquered the Persian Empire – the lands between Greece and India – and become ruler of most of the known world, his coinage became the most desirable currency of all.
But, Alexander’s empire was short-lived and upon his death the empire was split into many smaller kingdoms. Those kings, however, gladly used the image of Alexander, or styled their coins like his, to validate their rule.
These Hellenistic coins were a major break from previous Greek coins. Before the Hellenistic Era, living men were not pictured on coins. That was the domain of gods and heroes and to picture kings on coins was considered hubris. Not so, according to the Hellenistic kings who gladly pictured themselves and their queens as well as their gods on their coins.
Alexander himself had not minted coins with his own portrait in any direct way. His coins showed Heracles, that semi-divine hero closely associated with Alexander himself. Though this was not Alexander, in those parts of the empire where he was regarded as a hero, or even a god, and where his achievements were likened to those of Heracles, it was surely considered an image of the king himself.
After Alexander’s death, of course, his successors had no qualms with minting coins with the deified Alexander's image – then often wearing the horns of the god Zeus-Ammon, whom Alexander had claimed was his father.
Indeed, if you observe more closely the coin, Tetradrachm of Alexander the Great with horns of Ammon on the head, you would think that this tradition should not be relayed to the Roman Empire.
As Alexander the Great dies so mysteriously, Caesar and other Roman dignitaries and emperors of future generations would not rather think to imitate Alexander the Great who loved to pose as a god customarily.
This must have been one of critical conditions for early Christianity to prevail in ancient Rome, though the rise of the holy religions occurred after the death of Jesus Christ who, as a man or the Son of God, refused to be made a king by people.
It is also noteworthy that Jesus Christ was born when ancient Roman citizens had their first king after the era of Caesar and Cleopatra.
Truly, stopping Alexander the Great at the point should be tantamount to stopping Hitler and the like.
*** *** *** ***
The core of economy is not circulation of money.
It is energy of people turning to productive, constructive, and social activities being accompanied by supporters, investors, and clients.
In this context, if you want to acquire a necessary intellectual foundation to understand economy and the world, you must first learn anything valuable academically from American homeless people and Chinese poor farmers working in cities.
Pro 6:17 A proud look, a lying tongue, and hands that shed innocent blood,
Pro 6:18 An heart that deviseth wicked imaginations, feet that be swift in running to mischief,
Pro 6:19 A false witness that speaketh lies, and he that soweth discord among brethren.
Posted by EEreporter at 6/18/2010 10:41:00 AM
Thursday, June 17, 2010
(In-Between Space from the BOJ to the Tokyo Station or the Tokyo Bay)
2-0, 2-1, and 4-1, Crosswise
South Korea made it in their way to take on Argentina, in vain.
It was offence vs. offence, which however did not work well at all for the less advantageous S. Korean team in the 2010 World Cup matching tonight.
Incidentally, North Korea made it 1-2 against Brazil, though its defeat could be relieved somehow by a great job of a North Korean player who was born and is living in Japan.
The Japanese national team is to face the Netherlands's on this Saturday. After the Netherlands's, the Japanese players are to play a match with Denmark's. It is very unlikely that the Samurai Blue would lose both the matches, since they are North Europeans close to Anglo-Saxons.
SECTION I: Rice Acreage & Car Production in Japan
It is said that it was around 1970 that Japanese cars started to be really accepted, appraised, and welcomed in the global market, especially by American consumers.
At that time, Japanese took rice more than today. The rice planted acreage around 1970 was twice larger than today.
Though it indicates a kind of positive change in life style of the Japanese people, it also means a kind of negative change in the nature surrounding cities in Japan. Many paddy fields were sold to car companies and the likes who built large factories on those places, since mountainous areas accounted for 70% or so of the total land area of Japan.
To protect the nature and traditional culture of Japan, the rapid or crazy economic growth, accompanied by the bubble phenomenon, should be suppressed. This concern was psychologically reflected in people's behaviors and ways of thinking, consciously or instinctively.
For example, it led to acceptance of an idea of "no more factories in Japan but in China," in order to protect the nature, including rice paddies around cities. However, due to a drastic change in life style among the Japanese, consumption of rice has continued to decrease,
(Click to enlarge.)
(Click to enlarge.)
With an increase of consumption of beef imported from America and Australia, Japanese youths became taller year after year in these decades. But, Japanese nature and rice fields as well as cultural traditions have been less respected and neglected, dwindling and tarnishing.
Yet, the source of ability and power of the Japanese race still consists in the nature and cultural traditions, including rice fields and rice-farming culture and its derivatives.
For example, if the number of cows in America decreased due to a change in life style to half over decades, the American culture and mentality should be drastically influenced.
Such a large-scale cultural shift has really occurred in Japan during the so-called lost decade.
(Before globalization of economy, Americanization in culture and politics in Japan after WWII made the Japanese people adapt themselves for this mega-change beforehand. Japanese people and businesses really loved to deploy overseas along with an increase of car sales in the global market. However, watching so many failures of America, a tide is slowly turning in Japan. One example is the establishment of the liberal regime led by the Democratic Party of Japan, or some nationalistic movement within the Liberal Democratic Party.)
This must be a focal point to address or discuss any issue of Japan, including deflation. And, it is only Japanese that can solve it, though its outcome will surely highly effect China and America, as suggested in the above sentences.
SECTION II: BP
BP reported a profit of about $14 billion in 2009.
However, its stock prices plummeted down recently due to the horrible accident in the Gulf of Mexico, losing $60 billion from its aggregate market value and thus affecting various British stakeholders, including ordinary citizens.
BP is not only the largest business in the U.K. but also the largest supplier of oil and gas to the U.S. military.
This is a warning from Heaven to the U.S. and the U.K.
From my experiences, there are many indecent Anglo-Saxons living in Asia, East Asia, and Tokyo. They should not think the life style of Princess Diana is the norm. They must live like a Christian if they are in Asia, East Asia, and Tokyo. (Recently a Japanese cameraman was killed in Bangkok, since he worked for a controversial Anglo-Saxon company in Japan.)
*** *** *** ***
In the 9-11-1995 general election in Japan, 80 new Lower-House members were elected (for 480 full seats) from the pro-American conservative LDP, allowing then Prime Minister Mr. Junichiro Koizumi to expand his influence which was relayed by three successive prime ministers from the LDP till the summer of 2009.
In the 30-8-2009 general election in Japan (amazingly 308 seats taken by the DPJ; 119 by the LDP), 180 Lower-House members were lost from the pro-American conservative LDP, allowing the then head of the liberal DPJ Mr. Yukio Hatoyama to form a new Cabinet which however lasted for only eight months to be relayed to new P.M. Mr. Naoto Kan a month before the 7-11-2010 Upper House election (for half of 242 full seats).
Yet, it is said that if the Japanese national football team should continue to fight successfully in the 2010 World Cup matches in South Africa, voters might lose some concentration on politics and the election, leading to unexpected results.
(So, Snoopy must fight in either arena on behalf of Captain Tokyo...
Gen 6:17 And, behold, I, even I, do bring a flood of waters upon the earth, to destroy all flesh, wherein is the breath of life, from under heaven; and every thing that is in the earth shall die.
Gen 6:18 But with thee will I establish my covenant; and thou shalt come into the ark, thou, and thy sons, and thy wife, and thy sons' wives with thee.
Posted by EEreporter at 6/17/2010 10:55:00 AM
Wednesday, June 16, 2010
(The Bank of Japan with its old office building and new one, near the Tokyo Station; Knock on the door for the yen?)
GETTING HOT EVERYWHERE?
Some Japanese voters now start to think that they are betrayed by new Prime Minister Mr. Naoto Kan.
He is going to close the National Diet Session without holding and attending Q&A sessions in budgetary committees of both the Houses. He thinks it is good for the ruling DPJ in fighting the coming Upper House election.
Though I think that every new prime minister of Japan should experience a budget-making process at least once, namely at least for one fiscal year, it is not good to shut up the Oppositions without giving them a chance to check how much lawmaker Mr. Naoto Kan is prepared for premiership since he took it over from Mr. Yukio Hatoyama a week ago or so.
Yet, I think the Kan Cabinet will survive for a year or so like Mr. Hatoyama's, since the largest opposition party LDP is still in a state of being with awe, in shock, incompetence since the great regime change in the summer of 2009 (like the 2008 U.S. Presidential Election).
SECTION I: China and South Africa
China directly invested $3 billion to South Africa in 2008.
China directly invested $5.5 billion to whole Africa in 2008.
(The Japan's direct investment position reached $3.3 billion to whole Africa as an average over five years at the end of 2008, though the actual value in 2007 is about $1.3 billion. [http://www.mofa.go.jp/mofaj/area/ticad/report/status/PR000319.html]
(Click to enlarge.)
In addition to South Africa providing iron and other minerals, Angola, Sudan, and Congo, all once war-torn nations, export crude oil to China. Now, their growth in GDP is almost parallel with China's GDP.
(Click to enlarge.)
So, is China a savior for African nations and people?
You had better check what independence, freedom, welfare, and education various people in the Chinese territory are enjoying.
First of all, democracy and freedom of religion and expression must be introduced to China.
SECTION II: G7's Aid to Africa
Before China came to Africa, Japan and other G7 countries had provided various official development assistance (ODA) to Africa.
And the scale of G7's involvement in Africa is still 10 times or so larger than China's.
How did the G8 do for Africa? The Final Report Card
Jan 9th, 2009 12:40 PM UTC
By Josh Lozman
So, what are the final numbers?
The final figures reveal that in total, donors provided $83.05 billion in development assistance in 2007 of which $27.5 billion (33.1%) was directed to sub-Saharan Africa. The preliminary data released in April revealed a collective increase of $837 million for sub-Saharan Africa from G8 donors between 2006 and 2007. When totaled with previous annual increases, this resulted in a total G8 increase in ODA for sub-Saharan Africa of $3.04 billion since 2004 meaning that the G8 had thus delivered 13.7% of the total increase committed. The finalized data reveal that the 2006-2007 increase was slightly higher at $1.04 billion and thus the three year cumulative total increase was $3.16 billion. This total represents 14.5% of the total increase committed, slightly better than preliminary estimates showed, but still far off track to deliver the full amount by 2010.
It is time to arrange some coordination for cooperative development in Africa.
Yet, it is true that China is now playing a role that no G7 countries did before.
Maybe China is a little better than Western colonialists for Africans, since Japanese businesses have had a strong tie with them.
*** *** *** ***
President Mr. Barack Obama said as televised in Japan, too, "One place we have already begun to take action is at the agency in charge of regulating drilling and issuing permits, known as the Minerals Management Service. Over the last decade, this agency has become emblematic of a failed philosophy that views all regulation with hostility – a philosophy that says corporations should be allowed to play by their own rules and police themselves.
At this agency, industry insiders were put in charge of industry oversight. Oil companies showered regulators with gifts and favours, and were essentially allowed to conduct their own safety inspections and write their own regulations.
When Ken Salazar became my Secretary of the Interior, one of his very first acts was to clean up the worst of the corruption at this agency. But it’s now clear that the problems there ran much deeper, and the pace of reform was just too slow. And so Secretary Salazar and I are bringing in new leadership at the agency – Michael Bromwich, who was a tough federal prosecutor and Inspector General..."
Mr. T. Boone Pickens said in response about something on a pilot following every procedure in the air and a cockpit. But the issue is that even a corrupt pilot would follow every procedure in the air and a cockpit. And, an accident could happen on a plane due to his corruption if he is on the ground and someone else is flying the plane.
I really think the keyword in this era can be "Eradication of Corruption."
Mat 6:15 But if ye forgive not men their trespasses, neither will your Father forgive your trespasses.
Mat 6:16 Moreover when ye fast, be not, as the hypocrites, of a sad countenance: for they disfigure their faces, that they may appear unto men to fast. Verily I say unto you, They have their reward.
Posted by EEreporter at 6/16/2010 12:43:00 PM
Tuesday, June 15, 2010
(Main Office Building of the Bank of Japan originally built in 1896 as designed by Kingo Tatsuno)
Behind Global Excitements
It is quite a wonder that thousands of people gathered once only to hear Jesus Christ.
Today, the minds of people are preoccupied by sports and money.
Yet, Jesus Christ says to repent as people's minds are not occupied by the God and His teaching.
SECTION I: Goliath vs. David
Mr. Ivica Osim, ex-manager leading the Japanese National Soccer team till November 2007 when he was taken with a sudden illness, praised the victory of the Japanese team at Bloemfontein's Free State Stadium, South Africa, last night.
Very veteran ex-manager Mr. Osim however said, "As the Japan's defence line receded leaving just 5 meter space to the goal under last-minutes' hard offence by Cameroon players, it was sheer luck to be able to avoid an equalizer." So, Japan 1 against Cameroon 0.
Mr. Osim originally from Sarajevo, Yugoslavia, quoted a passage from the Old Testament in his comment, "Cameroon played a role of Goliath; Japan of David."
Anyway, Japanese manager Takeshi Okada has avoided his fourth consecutive loss in World Cup matches.
African people must start to think about being a hero in other field than football, since it was invented in England as a violent way of time killing.
For example, baseball needs more intelligence and a sense of plotting strategies.
It was rather baseball but not soccer that educated Japanese people to be the leading power in the world.
SECTION II: Alpha's Hedge Fund Rankings 2009
If you play soccer for money, you will lose respect someday soon.
If you play hedge funds for money, you are respecting devils.
Alpha is out with their annual hedge fund rankings and they've compiled a list of the top 100 hedge funds by assets and the combined hedge funds on the list totaled $1.03 trillion in assets.
Top 10 for 2009
Here are the top 10 hedge funds, with links leading to that specific fund's portfolio holdings:
1. Bridgewater Associates (Ray Dalio) with $38,600 (in millions)
2. JPMorgan with $32,893 (in millions)
3. Paulson & Co (John Paulson) with $29,000 (in millions)
4. D.E. Shaw & Co (David E Shaw) with $28,600 (in millions)
5. Brevan Howard Asset Management with $26,840 (in millions)
6. Man Investments with $24,400 (in millions)
7. Och-Ziff Capital Management with $22,100 (in millions)
8. Soros Fund Management (George Soros) with $21,000 (in millions)
9. Goldman Sachs with $20,585 (in millions)
10. Tie: Farallon Capital Management (Thomas Steyer) & Renaissance Technologies (Jim Simons) both with $20,000 (in millions)
Undoubtedly, you can find many of the hedge fund managers listed above on Forbes' billionaire list. Not only do the funds above garner the most assets under management, but they receive some of the highest compensation around for their production...
Most importantly, they look like not liking anything but making money, hedging their scope against every human matter, such as poverty, war, disasters, corruption, and inequity.
They look like laughing at Jesus Christ while thinking they are wiser men. The anger of the God must be upon them, since what they are doing is a pure manipulation of bills and coins over computer systems to make money eve if a fraction of $1 trillion.
SECTION III: Trafficking in Persons
From some statistics prepared by the U.N., the U.S. looks as dangerous as South Africa in terms of crimes involving abduction and abuse of women and children.
(click to enlarge)
How widespread is human trafficking?
It is very difficult to assess the real size of human trafficking because the crime takes place underground, and is often not identified or misidentified.
However, a conservative estimate of the crime puts the number of victims at any one time at 2.5 million. We also know that it affects every region of the world and generates tens of billions of dollars in profits for criminals each year.
To learn more about human trafficking in different countries and regions of the world, download UNODC's Global Report on Trafficking in Persons.
In addition, hundreds of thousands of people in North Korea are reportedly put into a kind of labor camps for any minor reasons inconvenient to the establishment.
*** *** *** ***
The Gulf of Mexico must have made residents living on its shore richer with crude oil.
But, as long as the natural resource is monopolized by BP and the likes, poor Americans around the Gulf of Mexico have lost a chance to be rich.
If the State of Louisiana was an independent nation, residents should be now rich by selling crude oil to the United States.
But, it is beyond our imagination that the Gulf of Mexico has become more critical for the appraisal of performance of President Mr. Barack Obama.
Maybe it is time for a new type of hero to emerge, not only in South Africa.
Joh 6:14 Then those men, when they had seen the miracle that Jesus did, said, This is of a truth that prophet that should come into the world.
Joh 6:15 When Jesus therefore perceived that they would come and take him by force, to make him a king, he departed again into a mountain himself alone.
Posted by EEreporter at 6/15/2010 10:12:00 AM
Monday, June 14, 2010
(The Bank of Japan, Tokyo)
SECTION I: Hayabusa Returned after 7 Years in Space
A Japanese space exploring vehicle have travelled in the space over 6 billion kilo-meters (4 billion miles) in 7 years from the earth to an asteroid called Itokawa and then back to the earth.
It should have returned three years earlier without a chemical-fueled engine malfunction that eventually forced the spacecraft to rely on ion engines alone on its way back home.
Anyway, it is a world record in achieving a great specific mission in the space covering the earth and Mars.
Incidentally, Hayabusa means a falcon or a peregrine falcon, a bird flies so fast.
at 15:25 GMT, Sunday, 13 June 2010 16:25 UK
Japanese Hayabusa asteroid mission comes home
By Jonathan Amos
Science correspondent, BBC News
A capsule thought to contain the first samples grabbed from the surface of an asteroid has returned to Earth.
The Japanese Hayabusa container hit the top of the atmosphere just after 1350 GMT, producing a bright fireball over southern Australia.
It had a shield to cope with the heat of re-entry and a parachute for the final drop to the ground.
A recovery team later reported they had identified the landing zone in the Woomera Prohibited Range...
Such grains would provide new insight into the early history of the Solar System and the formation of the planets more than 4.5 billion years ago.
Professor Ireland said no rocks on Earth could provide this information because they had been recycled many times.
14 June 2010 - 04H19
Scientists scramble for Japanese asteroid capsule
AFP - A capsule that scientists hope will contain a little slice of outer space after a seven-year journey across the solar system was sitting in the Australian Outback on Monday waiting to be recovered.
The pod, which was ejected from a Japanese space probe as it burned up in a spectacular meteor-like display over Australia, could hold the first piece of asteroid ever brought to Earth...
"If there is a sample in there that we can analyse that will be a bonus," he said. "It's already been a tremendous mission. It really is a fairy tale."
The historic mission means for the first time a spacecraft has made contact with an asteroid and returned to Earth.
Anyway, it is great Godspeed that a spacecraft launched by a Japanese M5 Rocket in May 2003 was not lost in the vast area between the earth and Mars.
SECTION II: Ease of Doing Business
Anglo-Saxon style business practices must be corrected, changed, and restricted if a new era requests it for saving the world.
World Bank's Ease of Doing Business Ranking
#1...Singapore...(an Ex-British colony)
#2...New Zealand...(an Ex-British colony)
#3...Hong Kong...(an Ex-British colony)
#4...USA...(an Ex-British colony)
#6...Denmark...(close to Anglo-Saxons)
#7...Ireland...(once annexed by the U.K.)
#8...Canada...(an Ex-British colony)
#9...Australia...(an Ex-British colony)
#10...Norway...(close to Anglo-Saxons)
#11...Georgia...(under UK/USA influence)
#12...Thailand...(under UK/USA influence)
#13...Saudi Arabia...(under UK/USA influence)
#14...Iceland...(close to Anglo-Saxons)
Basically, countries where Anglo-Saxon languages are so much spoken or used are highly appraised as an easy place to make money.
Yet, for example, English is not inherently appropriate for expressing high-quality of emotions people have experienced in Asia and Africa.
Money is truly of a simple and violent nature where English is functionally so useful.
Anyway, you have to first learn history of using letters and characters in society of China and Japan before establishing any view on East Asia, provided that you want to be a cultivated economist unlike those on Wall Street and in City.
*** *** *** ***
Frankly speaking, it is not so easy for a Japanese person, including me, to write English sentences to post onto a blog everyday unless he lives among Americans in Japan.
What's more, if the person has any social title or status accompanied by responsibility in any sector, he will avoid any danger of being misjudged or appraised low due to his presenting incomplete English sentences, broken English sentences, grammatically wrong English sentences, or poor English sentences if having been educated in America.
Such a Japanese always tries to write English sentences for any purpose as if filing a paper to Harvard University or a report to the American Congress, though no English paper is requested in principle by any public entities in Japan for any business on any occasions, except in English education-related school.
Yet, flexible, impromptu, and quick responding to a situation is a key to success in the Anglo-Saxon world or the English-speaking world, since a result counts there rather than enjoying and respecting processes.
To win a soccer game in the global stage, you have to be, too, if you are a genuine Japanese like me who is always amazed at a flexibly, impromptu, and quickly responding player of the world class.
Finally, at present, do not expect a Japanese to write like me in English everyday on a non-nonsense subject without remuneration, if he is a former instructor or researcher in Harvard University or the American Congress. In this context, you should not blame Mr. Akio Toyoda of Toyota Motor Corp. for having not tried to speak English in the Senate and on a CNN live show.
It takes 20 hours flying from Japan to South Africa. Besides, there is no continent beyond the sea in the south of Japan, unlike Europe or America.
The Japan team can concede to any African teams but should not do to any others, in my personal hope concerning the 2010 World Cup.)
Luk 6:13 And when it was day, he called unto him his disciples: and of them he chose twelve, whom also he named apostles;
Luk 6:14 Simon, (whom he also named Peter,) and Andrew his brother, James and John, Philip and Bartholomew,
Luk 6:15 Matthew and Thomas, James the son of Alphaeus, and Simon called Zelotes,
Luk 6:16 And Judas the brother of James, and Judas Iscariot, which also was the traitor.
Posted by EEreporter at 6/14/2010 11:36:00 AM
Sunday, June 13, 2010
Genghis Khan & Paper Money
Genghis Khan (1162-1227) was the great founder of the Mongolian Empire. His grandson Kublai Khan (1215-1294), emperor of the Yuan Dynasty of China, introduced paper money for the first time in the human history.
It is said that only twice mankind has had key currency without corroborating valuable goods: first in the era of Kublai Khan and second in the era after 1971 when America officially abolished the scheme of exchanging the dollar with gold.
When Genghis Khan was 13 years old, he had a friend, a Muslim boy, called Hasan. For 45 years, the two had been good friends for each other.
When Genghis Khan became a powerful king, he started to think about how to introduce coins. Then his friend Hasan introduced a Muslim called Mahmud Yalawach to Khan. As a condition to take up a post of the governor general of Samarkand, Yalawach requested a right to issue paper money from Khan. One day when his death was coming closer in the middle of his global conquest, Khan without knowing his fate finally authorized Yalawach to issue paper money. While doing so, Khan asked:
"Would paper money circulate long?"
"Paper money is a kind of goods. Its value is decided by relation between supply and demand. Issuing paper money more than needed decreases its value. When increasing paper money, demand should be increased or chances to use paper money should be increased," replied Yalawach, probably very respectfully.
Accordingly, for 80 years starting with Kublai Khan, paper money circulated in China, while trade in gold and silver was forbidden in market from 1268 to 1304.
Note: However value of Yuan's paper money fell when Emperor Kublai failed in the invasions of Japan in 1274 and 1281 trying to take the Japanese islands. This was the first all-out war where samurais of whole Japan were mobilized by a samurai government against foreign forces. In addition to valor of samurai of the Kamakura era, some tempest and strong winds are said to have attacked and sank hundreds of Yuan's ships. This is said to be the origin of "kamikaze (god's winds)."
Remarks: So, Japan in the 21st century can be a major factor to take on the dollar, the de-factoe key currency today.
According to a fortune-teller in South Africa, the Japanese national football team will win a victory over the Cameroon national soccer team by 2-1.
However, it is a TV introduction here around Tokyo.
So, it can be 0-0, 0-1, 1-1, 1-0, 0-2, 1-2, 2-2, 2-0, 2-1, or even 0-3!
Posted by EEreporter at 6/13/2010 10:21:00 PM