tag:blogger.com,1999:blog-53246864840716464.post8342069416072193665..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Is the World's Second Biggest Economy On the Ropes?Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-53246864840716464.post-5910476304694567352010-04-12T08:15:43.113-07:002010-04-12T08:15:43.113-07:00In addition,
Japan also has the best and most ue ...In addition, <br />Japan also has the best and most ue p to date infrastructure in the World. In case of a massive stagnation it will continue providing all the services and the people will continue being able to function.<br /><br />Japan is using a highly urbanized model in which having a car is more of a luxury than a necessity, the trains which run on nuclear-derived electricity will continue running. <br /><br />This cannot be said about the USA which has an aging, decaying infrastructure and a imbecile suburban model which makes it 100% dependent on gasoline and if the dollar crashes and oil imports are unaffordable the whole of the USA grinds to a halt. Then the suburbs become gulags and cannibalism starts.cyberseerhttp://www.cyberseer.orgnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-90808591918500780762010-04-12T08:07:10.112-07:002010-04-12T08:07:10.112-07:00I used to think that Japan is doomed too, but I di...I used to think that Japan is doomed too, but I did some research and I don't think so anymore.<br /><br />Japan has the highest debt to GDP ratio yes, but it is Japan itself which owns that debt. <br /><br />Only 5% of that debt is owned by foreigners.<br />The rest is owned by the Japanese government themselves and a large portion is owned by Japanese mega-corporations.<br /><br />One thing to know about Japanese politics is that there are 2 main fractions - the ones who the USA put in power after the war and the Meiji Era Zaibatsu who the USA never uprooted, but rather cut them a deal to work for them against the communist explosion in Asia.<br /><br />So it appears the pro-Western government's debt is owned halfway by those Zaibatsu, so in case of a default Meiji era power players will be back in mainstream politics. <br /><br />I don't see Japan going into some kind of financial crisis or collapse or massive poverty. <br /><br />Other major economies on the other hand... The USA is collapsing no doubt about it, Europe is totally screwed with the South and UK and East totally imploding and the North cannot bail them all out. China has a terrible bubble and will go bust and into Depression most likely.<br /><br />Trade wars between USA and China will empower guess who? Japan, Germany and Russia.<br /><br />Japan will do fine I think.cyberseerhttp://www.cyberseer.orgnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-54686512204981953992010-04-12T03:18:13.526-07:002010-04-12T03:18:13.526-07:00Private central banks are an unmitigated blood suc...Private central banks are an unmitigated blood sucking evil, and all these countries are afflicted with those leeches. <br /><br />Let's put it this way, all that unquantifiable loot stolen by these banksters over the years will make any economy anaemic, as real economic recovery goes against the plan devised by these banksters for a borderless world they would sit atop of.<br /><br />The question should be posed, what would happen if the govts of these countries decided to issue their own currency interest free for loans and debts like Germany did in 1933 ?<br /><br />We know what happened to Germany by 1945 - which actually was for that very `crime`, but what is almost unknown is that many more than those losses in the war died from deliberate attrition between then and 1950, to be a lesson to other states who might have thought of bypassing the resident parasite.michael mazurnoreply@blogger.com