2011 and 1945 (2011 et 1945)
The Western Media, especially the bad Anglo Saxon Media, have claimed in these 15 years that Japan would soon go bankrupt due to a huge amount of outstanding government bonds.
But, the fact is that domestic assets Japanese individuals and businesses have well covered the national debt, though GDP of Japan has not increased in these 15 years as part of its GDP was virtually transferred to China and South Korea as I stated yesterday.
Moreover, Japan is the world largest owner of net external assets, which most of Americans do not know. The second is China and the third is Germany. The U.S. is a net external debt owner.
Japan has net external assets worth $3.2 trillion as the world largest, though most of Americans and Englishmen think Japan has huge external debt like the U.S., since the bad Anglo Saxon Media have claimed in these 15 years that Japan would soon go bankrupt due to a huge amount of outstanding government bonds which are actually well covered by domestic assets Japanese individuals and businesses have.
Now, the U.S. government bond rating has been lowered, and London is being looted in riots.
What have those Anglo Saxon Media contributed in these 15 years?
SECTION I: Japanese Private Sector's Debt Decreasing!
The debt incurred by the Japanese private sector has been falling due to complicated effects of hard working of Japanese people, deflation caused by huge investment into China, mature social environment, etc.
In other example:
http://www.thoughtofferings.com/2009/09/mystery-of-japans-private-debt-levels.html
Most of Americans brainwashed by the wrong Anglo Saxon Media would be surprised to see this kind of data.
From the beginning, they had to think in the following way.
1) The Japanese people are diligent and talented.
2) But Japan has suffered 15-year long deflation without an increase in GDP.
3) Why? It is China and South Korea!
4) Japanese businesses must have invested so much into China and South Korea.
5) Indeed, 20,000 Japanese businesses have moved its operation wholly or partially to China and transferred technology to South Korea, hiring 10 million Chinese and South Koreans in both the countries.
6) Accordingly, part of GDP of Japan has been transferred to China and South Korea.
7) Hard working and talented Japanese have been helping China and South Korea instead of simply increasing Japanese GDP.
8) But why?
9) It is due to environmental conditions within Japan and globalization of economy. Japan has to protect its natural environment; no more large-scale development of the land for factories and plants are desirable. What's more, Japan needs cheap labor force in China and South Korea. Japanese businesses and technologies have moved to China and South Korea, while Japanese businesses are making big profits.
So, the rating of the Japanese Government Bond must be higher than the present one.
SECTION II: American Private Sector's Debt Decreasing?
The debt incurred by the American private sector was increasing till 2009 due to simple effect of greedy and wrong application of the American Dream, though recently it leveled and started to decrease.
(Click to enlarge.)
http://www.thoughtofferings.com/2009/09/mystery-of-japans-private-debt-levels.html
Yet it is still at a higher level; accordingly, the rating of the U.S. Government Bond must be lower than the present one.
SECTION III. Nagasaki in 1945
Today in 1945, an atomic bomb was dropped on Nagasaki City, Nagasaki Prefecture of Japan, to destroy the old, big port city where big building dockyards and Catholic churches were situated.
http://mainichi.jp/select/wadai/graph/nagasakifilm/index.html
After the atomic bomb attack:
(http://www.page.sannet.ne.jp/mhvmhv/NagasakiAtomicBombDisaster.html)
(http://hk1215.jugem.jp/?day=20070809)
Before the atomic bomb attack:
http://kids.s24.xrea.com/heiwa/nagasaki/toukamae/index.htm
(http://hk1215.jugem.jp/?day=20070809)
The moment the "One" U.S. atomic bomb exploded over Nagasaki City on August 9, 1945 as observed from the street:
Nagasaki City Today:
(Click to enlarge.)
http://location.cocolog-nifty.com/photos/uncategorized/2008/02/24/dsc05949.jpg
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Appendix 1. The Flight Record between Tokyo and London
It took 51 hours for the fastest plane to fly from Tokyo to London in 1937.
The Mitsubishi Ki-15 (the 97 type headquarters reconnaissance plane) was a Japanese reconnaissance aircraft and a light attack bomber of the Second Sino-Japanese War and Pacific War...[The total production volume of this 97 Type bomber was 437.]
...being named Kamikaze (as sold to The Asahi Shimbun newspaper company) and registered as J-BAAI. It was the first Japanese-built airplane to fly to Europe and caused a sensation in 1937 by making the flight between Tokyo and London, for the Coronation of King George VI, between 6 April 1937 and 9 April 1937 in a flight time of 51 hours, 17 minutes and 23 seconds, a world record at the time...
http://en.wikipedia.org/wiki/Mitsubishi_Ki-15#World_record_flight_to_Europe_and_other_civilian_use
(http://www.nags-gallery.com/cgi-bin/bbs39/bbs39.cgi?mode=past&year=2010&mon=6)
However, as the above map shows, it actually took four days for two Japanese who piloted the plane from Tokyo to London, sleeping at night of each day on the ground.
Luk 8:9 And his disciples asked him, saying, What might this parable be?
Luk 8:10 And he said, Unto you it is given to know the mysteries of the kingdom of God: but to others in parables; that seeing they might not see, and hearing they might not understand.
Luk 8:11 Now the parable is this: The seed is the word of God.