Toward the Imperial Palace Gate...
Toward white tents for the Imperial Birth Day/New Year ceremonies...
The Tokyo Station and the Imperial Palace are truly the center of Tokyo or Japan in the minds of most of Japanese. Of course, no foreigners are forbidden there, since you might like to see Japanese in front of the White House.
GDP of Japan and Other Matters
The Top 10 News Items in Japan in 2010:
1. The Senkaku Islands Challenged by China
http://eereporter.blogspot.com/2010/10/yesterday-two-miracles-however-you.html
2. P.M. Naoto Kan & His Controversial Governance
3. P.M. Yukio Hatoyama's Resignation & the Futenma US-Base Issue
4. Dismay of Voters over the DPJ Shown in the Upper-House Election
5. Rejection of Mr. Ichiro Ozawa as a P.M. Candidate by Majority of the People
6. Many Very Old People Aged around 100 Found Missing
7. Failed Elite Public Prosecutors
8. Hayabusa's Return after Landing on an Asteroid Taking 7 Years
9. Two Nobel Peace Prize Winners
10. Hot, Hot Summer
X. Fall of Some Sports Heroes, Entertainment Heroes, and TV Guys
I personally like to add a scientific news report of December 2010 that Japanese scientists have confirmed that the algae plant Aurantiochytrium produces a kind of crude oil in water without photosynthesis at costs of one dollar per liter. In future, they expect the plant will produce one liter of gasoline at 50 yen or one gallon at two dollars:
http://eereporter.blogspot.com/2010/12/render-to-caesar-things-that-are.html
CHAPTER I: Environment, China, and Globalization
They have become blind to other factors than money, interest rates, and financial figures.
Accordingly, they cannot understand why Japanese economy has suffered 20-years long deflation since 1990.
It is far beyond potential of the central bank that can do at most manipulate interest rates or provide funds to banks.
The central bank cannot become another Microsoft, HP, Intel, Apple, Google, GM, Toyota, Honda, Sony, Panasonic, or Mitsubishi.
All the central bank can do is manipulate interest rates or provide funds to banks.
And, all the Nobel-Prize class economists of America have been simply arguing what the Bank of Japan did and did not while manipulating interest rates and providing funds to banks.
They look like herds of fools that are taken away wisdom from.
It is the fourth tire that the central bank and commercial banks are situated.
At the first level is consumers; at the second is the government; and at the third are businesses.
Arguing matters related to the central bank and commercial banks needs only a limited talent only suitable for economics, crooked or honest.
Arguing matters related to businesses need a talent suitable for specific understanding of business operations as a source of increasing material wealth in society.
Arguing matters related to the government needs a wider talent suitable for general understanding of multiple-facets of functionality of a nation and complicated interactions on the international stage.
Arguing matters related to consumers needs a wider and deeper talent for general and detailed understanding of culture, traditions, history, value judgement, religion, and justice alive among people.
That is why I have focused on the environmental factor and the China factor in discussing the Japanese economy in the 20-years long deflation.
G: Economic growth
T1: Contribution from the tire-1 elements
T2: Contribution from the tire-2 elements
T3: Contribution from the tire-3 elements
T4: Contribution from the tire-4 elements
G = T1 + T2 + T3 + T4
= T1 (consumers/communities/nature) + T2 (national finance/regulations/international competition) + T3 (global business competition/technological innovation) + T4 (central bank operations/commercial finance)
Note: T1 > T2 > T3 > T4, in terms of effect on reality of economy. And, the total effects of T1 + T2 + T3 must normally account for 99%, since the Great Depression is an even that happen once a century. T4 is fractional, in this context, which cannot exceed 10%.
As for Japan, since 1990's, its governmental agencies, businesses, and taxpayers started to face three challenges; the need for preservation of quality of the nature and society, the need for changing the national structure to cope with Anglo-Saxon triggered globalization after the Cold War, and the need to leverage cheap Chinese labor forces for survival of businesses.
As a result, China has experienced a steep economic growth over 20 years and Japan has undergone deflation for 20 years.
They are the two faces of one coin on the head and the tail.
But, unbelievably all the Nobel-Prize class economists of America, when discussing the deflation of Japan, have been simply arguing what the Bank of Japan did and did not while manipulating interest rates and providing funds to banks. And, they conclude that the Bank of Japan and the Japanese people are all fools.
But, no Americans working in Microsoft, HP, Intel, Apple, Google, or GM think that Toyota, Honda, Sony, Panasonic, and Mitsubishi are all fools. They respect the Bank of Japan and the Japanese people.
Now you know why the 9/11 Terror occurred in 2001 and the 9/15 Lehman Shock occurred in 2008, all in America. It is because all the Nobel-Prize class economists of America are fools, since they cannot understand that there cannot be such fools in this world as they suppose the Bank of Japan and the Japanese people to be, from a logical and theoretical point of view without mentioning commonsense.
So, remember three T1, T2, and T3 factors: Environment, China, and Globalization
And, the Chinese rise in economy has almost nothing to do with the T4 tire elements but with a large scale of infusion of funds and technologies from Japan over 20 years, which belong to T1, T2, and T3.
(In a conventional theory,
g = s/v ＋ n ＋ t
g: an economic growth rate
s: a saving rate
v: a capital coefficient, i.e. an amount of capital needed for producing a unit of output
n: a growth rate of the population
t: an effect of technological advancement)
CHAPTER II: Japan's Population and GDP
The real GDP of Japan has fallen more sharply than that of the U.S.
(http://www.geocities.jp/yamamrhr/ProIKE0911-96.html)
Indeed, the population in productive ages of Japan has been fallen without a sign of recovery, while the U.S. is achieving a more dynamic and V-shaped recovery.
Truly, the population and the nominal GDP of Japan seems to have been saturated in these years.
(http://plaza.rakuten.co.jp/gonchan02/diary/201010110000/)
But, is this state of Japan a cause or a result?
Should Japan increase population so as to produce and manufacture industrial products as much as enough to take away the need of world consumers for Chinese factories and plants?
Such a mad situation would surely destroy the nature and environment of Japan and the order and moral in the Japanese society.
As I once wrote, if all the population living in the west of the Mississippi River are forced to live in the California state while maintaining their current industrial level, they would surely destroy the nature and break the social order.
In order to avoid such a mad situation, Japan has had to transfer part of its production capacity to China, which is the real cause of the lost decade of Japan and the 20-years deflation of Japan.
*** *** *** ***
One homeless man in Tokyo has his own blog since 2005.
I sometimes check his blog; his last posting is on December 23, 2010.
(http://yukuri.exblog.jp/m2010-12-01/)
He will be one of the first men to see God in Tokyo in future or soon, if any.
I also routinely check some other blogs written by Japanese.
One of the blogs I miss is the one posted by an old man who had fled from the Korean Peninsula to Japan in the wake of the surrender of the Imperial Military in August 1945. The old man wrote many difficult experiences he had suffered as a child of a family running away from the old territory of the Empire to Japan proper. But, update of this blog was stopped since last summer.
In his last posting, he wrote a scene in Korea where Koreans were giving a certain Japanese a thrashing while many Japanese, namely refugees at the time, were surrounding the Koreans and the Japanese. The Koreans were requesting an apology from the unlucky Japanese, shouting "Know my grudge of 40 years!" Yet, the old Japanese blogger was compassionate toward Koreans in general, since he can understand their grudge generated under the 40-year occupation of Korea by the Empire.
So, blog serves some Japanese, though bloggers cannot know who read his sentences in general.
Yet, Christ Jesus must know who have ever read the Bible to follow His words.
So, those who do not read EEE-Repoter might be against the EEE Reporter, in a certain context, while EEE-Reporter is with the words of Christ Jesus.
Now, the great New Year's Eve is only one night and two days away.
(http://www.youtube.com/watch?v=_NIunHFOm9c&feature=related)
Mat 12:29 Or else how can one enter into a strong man's house, and spoil his goods, except he first bind the strong man? and then he will spoil his house.
Mat 12:30 He that is not with me is against me; and he that gathereth not with me scattereth abroad.