(Tokyo)NATIONAL ASSETS AS OF 2000 OR 1960'S
Without Mr. Sadaharu Oh, Japan could not have achieved such great economic success after WWII or specifically in 1960’s and 1970’s.
Without George Herman "Babe" Ruth, the Great Depression that started in 1929 must have been more painful to American citizens.
Indeed, without EEE Reporter this era might be felt unbearable to some pious viewers all over the world the number of whom might not be so small, since the key word input with "Japanese Trillion Dollar Reporter" in Google Search has returned “EEE Reporter” at the top of its reporting page.
SECTION I: HOME-RUN KING
Mr. Sadaharu Oh announced his planned resignation as manager of a Japan’s professional baseball team.
At the end of this season, he will put an end to his 50-year career in this professional sport business.
It is Mr. Oh who first adopted the flamingo-style batting various variations of which are now commonly observed in the Major League Baseball and the Japanese Professional Baseball.
-----------------------------------------------
Sadaharu Oh retired in 1980 at age 40, having amassed 2,786 hits (third after Isao Harimoto (Jang Hoon) and Katsuya Nomura), 2,170 RBIs, a lifetime batting average of .301, and 868 home runs.
http://en.wikipedia.org/wiki/Sadaharu_Oh
-----------------------------------------------
However, Mr. Oh’s father is Chinese, though his mother is Japanese.
That may be why Mr. Oh never tried to compete with the pure Japanese baseball super-star Mr. Shigeo Nagashima, four years older than Mr. Oh, in terms of popularity, even today.
http://en.wikipedia.org/wiki/Shigeo_Nagashima
In addition, the key to the great batting performance of Mr. Sadaharu Oh is his great practice using a Japanese sword as I once wrote in the EEE Reporter blog.
SECTION II: NATIONAL WEALTH
According to a report in 2005, the national wealth of Japan and the U.S. as of 2000 is estimated as follows, respectively:
JAPAN: $34.5 trillion
USA: $39.5 trillion
Here the national assets consist of non financial assets, consumers’ durable, and net external financial assets.
(http://www.kojin.org/EcoSta/ecosta12_j.html )
Before the September 11, 2001, the War on Terror, the War in Iraq, and the subprime loan crisis, the total national assets of the U.S. excluding domestic financial assets were estimated to 39.5 trillion dollars while Japan’s were 34.5 trillion dollars.
Indeed, Japanese people had been working almost twice harder than average Americans in 1990’s, though U.S. population was then 2.5 times larger than Japan’s. That is why Japan had real national wealth that were equal to 88% of the U.S. national wealth.
Then, something strange happened since September 11, 2001.
Americans started to create false wealth in Wall Street like a mad man.
The U.S. Government also started to print dollar bills like a mad man.
And, the Mafia-like businessmen started to sell subprime loan embedded securities like a mad man.
Consequently, in September 2008, the U.S. has to face a money-market crisis of a scale of one to two trillion dollars.
Yet, as Americans do not look like working as hard as Japanese and other peoples in the world since 2000, America’s national wealth today should not be different from the level in 2000.
As Japanese do look like working as hard as in 2000, Japan’s national wealth today should not be different from the level in 2000.
But, a disparity in financial assets between the two countries looks like one to three, since the total volume in the New York Stock Exchange is $22 trillion (2008) and that in the Tokyo Stock Exchange is $7 trillion (2007).
In other word, the U.S. financial sector has performed almost four times more actively than Japan’s.
But how can they perform it? With what means have they done it?
It is the subprime loan business!!
Therefore, any statistics or figures on financial assets or money beyond the level of 2000 must be a sign of abnormal activities, huge financial frauds, criminal behaviors, and anti-Christ worship of Mammon.
Americans must decisively apply control, regulation, and suppression onto Wall Street.
They have to do so, since the national assets of the U.S. must be just $39.5 trillion or so and Japan’s is $34.5 trillion or so in terms of net worth produced by hard working people in each country.
SECTION III: THE GREAT DEPRESSION
Let’s check two figures that tell the state of the past Great Depression.
http://en.wikipedia.org/wiki/Great_DepressionAs you see, for two years after the debacle of the NYSE, the real industrial output in the U.S. continued to fall to half of the level of 1929, hitting the bottom in 1932.
To recover the level of 1929, the real economy took seven years till 1936, though other influences on wider aspects of U.S. economy and the American society persisted even after the end of WWII.
This is the issue Mr. John McCain or Mr. Barack Obama should tackle.
And, it is one of the issues EEE Reporter is trying to address, since he cannot stop feeling a shadow of Armageddon in it.
*******************************************************************
Now, TV live broadcasting from the Lower House of the Japan’s Diet has shown that Mr. Taro Aso, president of the Liberal Democratic Party, is appointed to the new Japanese Prime Minister.
He will soon fly to New York to deliver an address at the United Nations’ general meeting.
However, I wonder why a man cannot become a home-run king and a prime minister at the same time or in one life on the earth.
Indeed, you cannot serve at the same time both hard working citizens and Mafia-like workers in Wall Street, especially if you are President of the U.S. or Prime Minister of Japan.
(In 1962, Mr. Sadaharu Oh started to mass produce home-runs in the flamingo style. The same year a Japanese song started to appeal to a vast majority of American citizens. Have you ever heard it, if not in French?
http://www.menziesera.com/midi/sukiyaki.mid
Source: http://www.menziesera.com/singalong/sukiyaki.htm)
Dan 9:24 Seventy weeks are determined upon thy people and upon thy holy city, to finish the transgression, and to make an end of sins, and to make reconciliation for iniquity, and to bring in everlasting righteousness, and to seal up the vision and prophecy, and to anoint the most Holy.
Dan 9:25 Know therefore and understand, that from the going forth of the commandment to restore and to build Jerusalem unto the Messiah the Prince shall be seven weeks, and threescore and two weeks: the street shall be built again, and the wall, even in troublous times.
Dan 9:26 And after threescore and two weeks shall Messiah be cut off, but not for himself: and the people of the prince that shall come shall destroy the city and the sanctuary; and the end thereof shall be with a flood, and unto the end of the war desolations are determined.
Dan 9:27 And he shall confirm the covenant with many for one week: and in the midst of the week he shall cause the sacrifice and the oblation to cease, and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.