Saturday, June 21, 2014

SHINZO ABE WANTS YOU TO TURN JAPANESE, AT LEAST UNTIL THE 2020 OLYMPICS



Shinzo Abe, prime minister of Japan, has announced plans to let more foreigners into Japan under the guise fulfilling a labor shortage in the build up for the 2020 Tokyo hosted Olympics, so reports the Japan Times. Buttressing his call for more immigrants as workers, the Japanese government reported yet another yearly decline of Japanese population in 2013 by 250,000, the fifth decline in five years.

Elsewhere, the Economist published a doomsayer work with the scare that "within a little more than three decades some 1,000 rural towns and villages will be largely empty of women of childbearing age." The big scare reported everywhere says the Japanese are in danger of de-populating to a low of 87 to 90 million or so by 2050 from today's 127 to 128 million unless ever meddling politicians do something about it.

Japanese politicians have made promises to all Japanese about the future, which they cannot keep. They made those promises so they could convince people of yesterday to give up cash and credit, which get named taxes.

Next, those Japanese politicians took that cash and and credit and spent frivolously, enriching the connected while conjuring the illusion of being enlightened, wizardly, and fully in control. All kinds of public spending has gone on over the many years since the start of the Lost Decades.

What would be the Japanese head count tally had they not undertaken foolish military expansionism fighting the Second Sino-Japanese War and then expanding that war into the War for the Pacific of World War 2? Democide expert, R.J. Rummel (Ph.D.) estimates 1.507 million men killed in war between the Second Sino-Japanese War and the end of World War 2 as well as 672,000 civilians killed. Who knows the effects of starvation resulting from warring had upon population formation.

Back in 1948, Japanese politicians believed they had a surplus population problem. They believed they had too many Japanese! So politicians passed the Eugenic Protection Law of 1948 effectively providing a way for Japanese women to hire abortionist hitmen. By 1996, Japanese politicians believed they had shortage population problem so they passed the Maternal Health Protection Law to curtail abortion. By then, it was too late for the Japanese.

The table below reveals total murders by abortion done by abortion hitmen on behalf of Japanese women since 1947 taken from Japanese abortion data compiled by William Robert Johnston. I gave two estimates for abortion by Japanese women for the years 2012 through 2014, one calculated from exponential method and another calculated from a linear, least squares method. The difference between the two is six-hundreds of one percent.



Almost everyone the earth over acknowledges the true evil of the holocaust perpetrated by nationalistic socialist Germans (NAZIs) during World War 2. NAZI Germans put to death 1.1 million children.

In Killers in America Work Seven Days a Week, I show how American women have hired politician-licensed abortion doctors to perform 42,537,798 contract killings since 1970.  Said another way, American women committed 39 times as many holocausts against as-yet-to-live children as the NAZI Germans killed during the one of the world's most acknowledged evils, ever.

Japanese women have committed 35 times as many holocausts against as-yet-to-live children as the NAZI Germans committed against children in World War 2!

During the Eugenics Protection Law era, Japanese women had murdered 4.3 children for every 10 Japanese children born alive. Since the Maternal Health Protection law era, Japanese women have killed 2.9 children for every 10 Japanese children born alive.

Back in the United States, since Roe v. Wade, American women have murdered about three children for every 10 born alive. During the 1980s American women hired legalized murderers to kill 3.5 children for every 10 born alive. Since the 2000s, American women have murdered slightly under two children for every 10 born alive.

All of these countries should have long run population decline. If you were to search Google for countries with declining population, likely, you would find a list of countries with long-standing legal abortion. Even with 1.3 billion, the Chinese face the demographic problem of an aging population precisely because of the politician-imposed one-child policy, which has led to decades of child murder by abortion.

Those at the Economist have published an interactive map showing countries the earth over and their demographics state. In every country depicted in teal having population below the estimated global replacement rate of 2.1 children for each woman of childbearing years, likely, politically-sanctioned murder through abortion has been reigning law.

And now in their infinite-wisdom, Japanese politicians want to pay women to have sex and make babies. Others clamor for Japanese politicians pay for publicly-run child care and institute changes to work culture.

Instead of these likely to fail plans, if politicians taxed less and spent less, men and women might find themselves doing what they like to best with each other — have sex. As well, men and women might find themselves doing what each like to do best without each other — for the males, hunt, gather and compete and for the females, nurture babies and children.

Of course feminists shall decry the foregoing as sexist. For them, equality means equal work and equal pay. Such a self-loathing policy leads to fewer babies and thus fewer people.

There is no way to escape the nine months needed to form a baby and the years of nurturing needed to raise up a happy individual. Unless women are willing to have sex, birth babies and raise babies, population shall dwindle until a people shall be no more.

Japanese women have been committing metaphorical Jigaki for the Japanese since the 1940s. Ironically, legalized abortion for the Japanese between 1948 and 1996 has imposed a death sentence for the Japanese. Metaphorical Jigaki has been the slow death of the Japanese race.

All that can be done now is for the Japanese to embrace immigrants and hope they can get those immigrants to adopt the Japanese culture of codified law and codes of conduct.

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Thursday, September 19, 2013

FINGLETON'S WHINE ISN'T SAKI


Back on August 11, 2013, Eamonn Fingleton of Forbes wrote those words in his claim that the Japanese never experienced a "lost decade." I responded to Fingleton's silliness in my article, LOST DECADES ARE BECOMING THE LOST QUARTER CENTURY WITH ABENOMICS.

In comments on the Forbes article, I wrote:

Eamonn Fingleton is Irish. So he comes loaded with a host of culturally-embedded mental issues. If you have interacted with enough Irish nationals, you would know what I mean. 
Fingleton grew up in Ireland when Ireland was little better than a third world country. He spent his early adult years in England, in the 1970s, during the lowliest era of British socialism and at a time when the Brits were still heavily invested in efficient manufacturing that kept all of their unionized Brits employed regardless of cost. 
So, big government socialism seems rooted in Fingleton’s mind. Fingleton must be enamored with the big government socialism of the Japanese.

Fingleton responded by writing an entire article derived from my observation that Fingleton is Irish. I stand by that. Most get shaped by their respective cultures — the codified laws and codes of conduct in which they grow up. It is unlikely that Fingleton is different than anyone else. Fingleton came of age during the socialist nadir of the British Isles.
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LOST DECADES ARE BECOMING THE LOST QUARTER CENTURY WITH ABENOMICS

The “lost decades” story is not just a hoax but one of the most absurd and transparent hoaxes ever promoted in the English-language media. ~ Eamonn Fingleton, Forbes, August 11, 2013

The foregoing comes from Eamonn Fingleton over at Forbes. Fingleton claims perhaps to be the only human to have called the 1989 Japanese stock exchange crash.

The only absurd yarn being spun these days is the denial of the quite real Lost Decades story of Japan. The Lost Decades story has nothing to do about Japanese GDP, nor Japanese per capita GDP, nor Japanese per worker capita GDP. As well, the Lost Decades story has nothing to do the unfavorable demographics of an aging Japanese population and a shrinking total population.

The Lost Decades story is about the story of the massive crash of the Nikkei 225 after the heralding of the supposed Japanese economic miracle of the Keiretsu as superior to free markets economics and the American quasi-free markets system.

The Keiretsu failure of a crazed, unwarranted Japanese bank credit expansion led to a banking crisis and the imfamous Japanese Zombie Banks.

Emerging from reputation of an evil empire of uncivilized, ruthless, mindless savages who japped Americans at Pearl Harbor, the Japanese rose from the ashes of devastated losers of World War 2 with major American help. Through their Ministry of International Trade and Industry, the Japanese developed the Keiretsu, whereby firms would integrate vertically through reciprocal shareholding, all supported by bank credit of a mutually co-owned bank. The Keiretsu system drove what most labeled as the “economic miracle of the Japanese.”

After the Nikkei 225 doubled from about ¥2,500 to ¥5,000 between 1970 and 1973, the prices of Japanese stocks took off on a long steady climb between 1975 and 1984, all attributed to the Keiretsu system, which now many touted as superior to the structure of American firms and their industries.

On July 23, 1984, the Nikkei 225 stood at ¥9,703. From then, the Keiretsu banks began a massive credit expansion to their respective firms, letting these firms bypass corporate bonds markets and the discipline of bond traders. the Nikkei 225 followed right along with this credit expansion. In 1985, the Nikkei returned 25.1%, in 1986, 38.8%, in 1987, 35.6%, in 1988, 15.9% and in 1989, 24.9%. Anyone could have earned money betting on Japanese stocks during this run.

Owing to unprecedented credit expansion, the Japanese seemed to live in permanent boom times of their MITI designed Keiretsu, which gave the Japanese ever rising wages, dizzying realty prices and guaranteed lifetime employment. Far too many Ph.D. eggheads in America, with their penchant for human control rather than free markets economics arising from spontaneous order and the twin dictates of the Law of Prices (winning bids of demand in the face of supply set the price) and the Axiom of Profit (the sum of sales must at least equal the cost of production otherwise the producer goes to ruin), hailed the Japanese and their Keiretsu while chiding the American way.

And then after years of unprecedented capital misallocation by the Keiretsu leaders driven by unrealistic beliefs about markets and foolish over expansion of bank credit in preference to sound bond issuance, a major crash happened, which happens when bank credit becomes the predominant credit source of an economy.

On December 29, 1989, the Nikkei 225 hit a whopping ¥38,915.87. That is 401% higher than only five years and five months. From there the Lost Decade began.

The Nikkei 225 returned losses every year but three from 1990 through 2002. The loss in 1990 stood at -10.7%, in 1991 at -25.5%, in 1992 at -29.4%, in 1994 at -4.8, in 1995 at -7%, in 1997 at -17.6%, in 1998 at -22.3%, in 2000 at -17.1%, in 2001 at -28.2% and in 2002 at -18.7%.

Since 2008, the Nikkei 225 has returned losses in four of six years including a whopping -42.2% in 2008 and -17.3% in 2011. The 2011 close of ¥8455.35 was the lowest year-end close in 29 years. Today, the Nikkei 225 sits at ¥13,615.19, which is a mere 35% of its peak of ¥38,915.87.


Fingleton does not understand capital and private economy driven capitalism. Stock prices always matter. As all stock markets are nothing but referendums on the capital structures of the firms that comprise a stock market. 

Stock prices act like a futures market on capital allocation of firms. Stock buyers and sellers engage in referendum on those capital structures from which future earnings might or might now arise. It’s a way any people decide who should be producing what.

Fingleton heaps scorn on financialism. Yet, Fingleton seems blinded to the failure of the Keiretsu system of the Japanese. Because likley, Fingleton fails to get the importance of capital allocation in any economy and having a competitive tug-of-war for that capital, Fingleston seemingly turns a blind eye to the Zombie Banks of the Japanese and how the Keiretsu likely still hampers the Japanese economy to this day.

World investors have bet against the Japanese economy and the still weak capital structures of its firms.

Only those Ph.D. eggheads with their academia economics have waged a rhetorical war of late in effort to hijack the Lost Decades story so as to justify their penchant for the quite real failure that is Quantitative Easing.

Reality-based, authentic economics reveals that quantitative easing (Q.E.) fails to spur on growth in bank credit expansion faster than economic output and thus fails to spur on prices of goods primarily bought with non-revolving credit (houses, cars) as well as with revolving credit (e.g., airline tix, hotel rooms). Instead Q.E. leads to money accretion (new notes and coins joining extant ones), thus leading to higher prices for goods bought primarily with cash and near-cash equivalents (debit cards) such as food and gasoline.

At the behest of major bankers, central bankers engage in Q.E. in hopes of triggering bank credit expansion and thus prices of bankers’ held collateral as assets (e.g., mortgages).

Politicians and bureaucrats have no clue as to what kind of capital expenditures ought to arise for anyone territorial bounded people. Thus, through money accretion, which destroys buying power, and through taxation to service debt interest, which destroys buying power through confiscation, politicians injure citizens and the citizens’ economy.

In the latest reporting, Japanese GDP grew at a miserly 0.6% quarter over quarter, missing expectation of 0.9% growth. This happens to be the biggest miss in one year. GDP has slowed from an already revised lower 0.9% growth for the first quarter.

Also, data from the Japan External Trade Organization showed that exports to China for the first half of the year fell to the lowest level in four years! Not only have Japanese exports to the Chinese hit a four-year low, but also the year-on-year decline accelerated to 16.7% for January-June from 14.8% in July-December.

  • Total Japanese government debt stood at ¥1,008.6 TRILLION (!), which is US$10.26 trillion. Wow, that is 172% of Japanese GDP. In US dollar terms, that debt has fluctuated between $12.99 trillion (2012-09-27) and $9.766 trillion (2013-05-17).
  • Japanese per capita purchasing power parity GDP is US$34,277.76. American per capita purchasing power parity GDP is US$48,441.56. On a per cap PPP basis, the per cap American is 1.41 richer than his per cap Japanese counterpart.



QE has failed for decades in Japan. Doubling down by ratcheting up QE even more under Abe and his Abenomics shall fail spectacularly as well. 

Considering the staggering sum of yen put into circulation by the BoJ in buying Japanese government bonds (Japanese quantitative easing) since 1999, which politicians have spent to have concrete poured everywhere, the real Nikkei 225 is much lower than today’s ¥14,784.83.

The Japanese seem bent on achieving a Lost Quarter of a Century at this point. They might push for a Lost Third of a Century since they’re quite good at it.

Here, enjoy a picture of what a Lost Decade looks like courtesy of Yahoo Finance: 






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Let's Go Abe! Shinzō Abe's Crazy Neo-Stimulus Japanonomics










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Wednesday, July 10, 2013

AGAINST COAL? OH?



Don't let anyone fool you. There isn't any Fukushima Daiichi "disaster"

Fukushima Daiichi is a man-made blunder of epic proportion. Perhaps only World War 2, World War 1 and the meddling in Southeast Asia supersede the man-made failure that is Fukushima Daiichi. 


The lame design of Fukushima Daiichi has led to what looks like a 300 to 600 year epic problem.

Everyone the world over ought to call for the ban on too dangerous, life-extinction threatening nuclear electric power plants. The risks as we can see from Fukushima Daiichi and Chernobyl before it far outweigh the rewards.

Americans need to get serious and demand an end to nuclear energy plants as sources of electrical power generation. We don't need those.

America has superabundance of coal. America has superabundance of geothermal energy out. America has superabundance of sunlight. America has a superabundance of natural gas.

Americans need to band together and overcome the maniacs of nuclear power lobby, men and women clearly who are mentally ill, suffering from god delusions.

The Japanese execs who run Tokyo Electric Power Company (TEPCO) have shamed themselves. And someone needs to tell these execs and foolish japanese politicians like prime minister Shinzō Abe that so sorry fails to cut it.

The Japanese have contaminated countless tons of water since the disaster. TheJapanese execs of TEPCO are getting away with misdeeds that are beyond criminal, and the entire Japanese political machinery are aiding and abetting.

Wait until contaminated groundwater leeches into the Pacific making its way into fishing waters of the American West Coast.  What happens then? 

For a more in-depth explanation on the seriousness of the ever growing disaster of the Fukushima Daiichi nuclear power plant, watch Fukushima: Strontium Now in Ground Water


Go here for the Wikipedia on Fukushima Daiichi. Go here for many more videos on what is happening at Fukushima Daiichi.



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