Bien Huilée Jeudi
Just 11 days ago, I checked a 69-story tower in Yokohama, Japan, and then yesterday the first man of the 33 miners trapped deep underground was rescued in their 69th day since August 5.
I was also watching relayed CNN coverage around 00:30 p.m. of today showing the last rescue worker, namely the 37th man or such ever in the blocked-up cavity being lifted up with a cage holding him inside.
So, now you know a faster and safer elevator is sometimes so wanted if not for entering the Guinness Book of Records. Indeed, the Yokohama tower has an elevator, made in Japan, that ascends/descends at a pace of 700 meters per minute as I reported in this blog.
So, the God is Great! Abraham is great! Moses is great!
(And, where was the Pope? In a Yokohama 69th story tower?
I have been two steps from the TV screen, though not 3D, presenting the inside of the glorious tunnel, so modestly.)
SECTION I: Russian Invasion to China & Korea
It was just a century ago. The Russian Empire did not hide its ambition to occupy Manchuria (north east of Beijing), the Korean Peninsula, and any part of the Empire of Japan. So, the samurai-spirit-based Empire started to prepare for war without any hesitation, which became the starting point for its half-a-century strategy to handle Korea and China so that they would not betray the Empire and help Russians invade the Far East.
Put simply, if Koreans and Chinese had joined the efforts of the Empire of Japan to stop the military and political invasion by Russians around 1900, there would not have occurred the annexation of Korea to the Empire of Japan and the Japan-Sino War.
It would have been more welcomed by the Empire of Japan, if Koreans and Chinese had joined the efforts of the Empire of Japan to compete with European Powers and the U.S. in developing modern industry and civilization in East Asia around 1900.
Yet, facing the overwhelmingly powerful and aggressive invasion by the Russian Empire and later by the Soviet Union, Chinese and Koreans tried to befriend Russians, making an enemy of the Empire of Japan as a kind of token of friendship with arrogant Russians.
Now, let's check a map showing where Russians specifically occupied around 1900, intimidating Chinese, Koreans, and the Empire of Japan.
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In December 1897, a Russian fleet appeared off Port Arthur. After three months, in 1898, a convention was agreed between China and Russia by which Russia was leased Port Arthur, Talienwan and the surrounding waters. It was further agreed that the convention could be extended by mutual agreement.
The Russians also began to make inroads into Korea, by 1898 they acquired mining and forestry concessions near Yalu and Tumen rivers,[5] causing the Japanese much anxiety. Japan decided to strike before the Trans-Siberian Railway was complete.
The Russians and the Japanese were both part of the eight member international force which was sent in to quell the Boxer Rebellion and to relieve the international legations under siege in the Chinese capital. As with other member nations, the Russians sent troops into Beijing. Russia had already sent 177,000 soldiers to Manchuria, nominally to protect its railways under construction. The troops of the Qing empire and the participants of the Boxer Rebellion could do nothing against this massive army. As a result, the Qing troops were ejected from Manchuria and the Russian troops settled in.[6] Russia assured the other powers that it would vacate the area after the crisis. However, by 1903, the Russians had not yet established any timetable for withdrawal[7] and had actually strengthened their position in Manchuria.
http://en.wikipedia.org/wiki/Russo-Japanese_War
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If there had not been the samurai spirit in Japan that had been domestically cultivated and practiced for 1,000 years, the whole Far East should have been conquered by the Russian Imperial military. Even the U.S., the U.K., Germany, and France would join Russians in their greedy colonizing efforts.
If you cannot believe it, check and study reports, documents, and books written by Westerners who travelled Japan, Korea, and China around 1900. You can see whether Chinese were so advanced as Japanese, or Koreans were so modernized as Japanese in those days, while Chinese and Koreans of today so claim. If not, the grounds for their historical accusation against the Empire of Japan should be mostly error.
SECTION II: Theory Between Bubble and Deflation
American economists have discussed how the Bank of Japan handled interest rates through 1990's and early 2000's, since they thought they could find a clue to understanding the historically very rare phenomenon called "Japan's lost decade."
Put simply, it is great deflation that happened after great bubble in the economy with a scale next to America's.
However, it is not such a minor matter as can be simply discussed with a simple focus on interest rates a central bank is allowed to manipulate.
With a certain hidden condition, there can be a following state of propagation of effects from an exchange rate to stock prices, to interest rates, and eventually to employment and back to an exchange rate, or at the same time in the inverted direction. However, in the deflation zone, no propagation of the effects can be effectively expected. The central bank and the Ministry/Department of Finance are thus helpless within this zone.
Both from theory and real data, various patterns can be drawn, and a transition of a curve along time within one domain can have various routes, too. But, if trapped in the deflation zone, artificial operation of interest rates and an exchange rate are useless.
Yet, as for "Japan's lost decade," there is a big hidden factor, China. American economists should have discussed China more than the Bank of Japan to understand what happened in the Japanese economy since 1990 up to today.
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A miracle has happened in Chile. It is also wanted in China
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China mining bosses 'employ stand-ins to avoid being sent into pits'
Senior staff circumventing rule introduced to cut fatal accident rate in country's mines, claims Chinese media
Tania Branigan in Beijing guardian.co.uk, Tuesday 21 September 2010 13.51 BST
Last year saw more than 2,600 deaths – down from a peak of almost 7,000 in 2002. But there were 1,261 in the first half of this year; an increase from 1,175 in the same period of 2009. It is thought the increase reflected pressure to produce as the economic recovery raised demand.
http://www.guardian.co.uk/world/2010/sep/21/china-mine-bosses-stand-ins
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China is not in a state admitting of a challenge to Japan.
The Chinese Communist Government must stop building aircraft carriers but start to implement safety measures in mines.
The world is now ashamed to have such a quasi-second largest economy China in terms of GDP, accurate or not.
Joh 10:14 I am the good shepherd, and know my sheep, and am known of mine.