JAPAN NEWS AND DISCUSSION

mizutofu's past comments

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  mizutofuNov. 19, 2009 - 01:42AM JST

  The complaining by the PRC about US deficits is only the sound of them realizing they've got a problem. Again this all sounds very familiar to Japan specialists.

  did Japan's holding of billions of US bonds cause Japan's asset bubble collpase?

  China also spends over a trillion dollars a year to support state-run, inefficient industries just to keep people working.

  That's actully preferable to privatizing all the state-run industries like Russia and India did, now Russia and India is ruled by a small group of business oligarchs.

  Like for one, being able to maintain a war far from it's shores. China just doesn't have the logistical capability just yet, and it is many years away rom being able to do that. Number two, China has too much internal instability, and thirdly, China still lags as far as weapons technology.

  Military power is not that important. SOviet Union had a massive, technologically advanced military, however it was hollow inside, it did not have the economic strength to support its military power. After WW2, Japan has no military, yet it was able to become a great power through economic strength alone.

  Posted in: Obama's China trip shows power shifting

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  mizutofuNov. 18, 2009 - 03:09PM JST

  well, thanks to the 2008 financial collapse, crude oil price has dropped by 50%. Japan was already fairly industrialized in the 1940s, it was able to build an advanced(at the time) military that includes aircraft carriers and submarines. china today still doesn't have an aircraft carrier.

  Improved efficiency is expensive and takes time to bring into production. Growing economies don't want those expenses or the loss of momentum

  energy improvement is always done incrementally. Also improve energy efficiency is not always expansive, use less energy means saving more money.

  Posted in: Obama's China trip shows power shifting

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  mizutofuNov. 18, 2009 - 02:02PM JST

  Actually, financially the situation is the same. Do you know that the US government's measurement of inflation is fundemenatally understated and has been so for 30 odd years? Do you know that means USGB pay a negative rate of return? (meaning China pays the US for the right to lend money to them). Think about that when you tell me how shrewd China is.

  you saying that US dollar will hyper-inflate?

  Posted in: Obama's China trip shows power shifting

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  mizutofuNov. 18, 2009 - 01:51PM JST

  Actually, financially the situation is the same. Do you know that the US government's measurement of inflation is fundemenatally understated and has been so for 30 odd years? Do you know that means USGB pay a negative rate of return? (meaning China pays the US for the right to lend money to them). Think about that when you tell me how shrewd China is.

  then why is Japan holding $800 billion worth of US bonds.

  Posted in: Obama's China trip shows power shifting

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  mizutofuNov. 18, 2009 - 01:20PM JST

  Likewise Tibet will continue to have the support of much of the world in her struggle against Chinese agression. While far more peaceful, even this area is subject to considerable disruption of China's internal affairs.

  I think you are exaggerating a bit there, there are certainly Tibetans who don't like chinese, but there are also many Tibetans who consider themselves chinese such as Tibetan-Japanese singer Alan Dawa Dolma.

  On the economic front your arguments negate the issues surrounding environmental consideration. There will be far greater pressure on China to reduce emissions and thus slow her indistrialization. Failure to do so already has impacted many rurual regions and turned her major cities into nearly unbearable environmental nightmares. This will not get better before it gets considerably worst.

  solution is to improve energy efficiency and increase the use of alternative energy, if done effectively, it should cancel the growth of CO2 emissions. Besides, if you look at photos from Japanese cities in the 1940s-1950s, most people had to wear masks when traveling outside because of the air pollution. They no longer need to do it today.

  As for flavor of the month. Japan was the undeniable center of the economic universe in the 1980s. To the point that most Americans feared a take over of our interests by Japan. You need only read anything from the period to draw connections between the reaction to China today and to Japan then.

  The difference in the level of development between china and united states today is more similar to the difference in the level of development between japan and united states in 1945. So china still has lots of space to grow. Compare china today with japan in 1980 is idiotic.

  Posted in: Obama's China trip shows power shifting

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  mizutofuNov. 18, 2009 - 01:01PM JST

  The Uyghur and Tibetan minoritire are hardly alone in their desire for change. And we have already see in both the modern world and history that a small minority can cause considerable disruption to a far larger majority. And rightly so when that minority is repressed and abused by the majority.

  That's true, even today Okinawans suffer because Japanese and United States have decided to use half their island as military outposts.

  Posted in: Obama's China trip shows power shifting

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  mizutofuNov. 18, 2009 - 12:58PM JST

  Reality is that cultures are being suppressed if not outright erradicated. Likewise rights groups are seen as separatists and are arrested. And the list of injustice goes on.

  They can just learn from Japan. I mean, how many Okinawans today know that Okinawa used to be a seperate nation?

  Posted in: Obama's China trip shows power shifting

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