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Russian Flyover Prompts Japanese Fighter Jet Scramble As Abe Opens Second "Disputed Island" Front

Tyler Durden's picture




 

While the collapse in China-Japan foreign relations (and subsequently, and much more importantly, trade) over a handful of islands in the East China Sea and strategically located near potentially vast maritime oil and gas reserves is by now well-known to everyone, what may come as a surprise is that while Japan is engaged in one mini cold war over disputed rocks with China, none other than Russia tested the waters overnight so to speak, with a fighter jet flyover above yet another set of disputed islands, the Kuriles located in the far north of Japan.

From Reuters: "Two Russian fighter jets briefly entered Japan's air space near disputed islands and the northern island of Hokkaido on Thursday, prompting Japan to scramble combat fighters and lodge a protest, Japan's Foreign Ministry said." In other words, Russia is making it very clear that as Japan loses more credibility in the foreign affairs arena, China will not be the only one to gain from Japan's loss, and that Russia has every intention of claiming what it too believes rightfully belongs to Putin. Which begs the question: how far is Japan's far more nationalistic current government willing to go to alienate yet another key trading partner, and was this the plane by the China-Russia axis all along?

From Reuters:

Russia, which is currently holding military maneuvers around the disputed Kurile islands, denied any such intrusion took place. Former Japanese Prime Minister Yoshiro Mori is expected to visit Moscow later this month to discuss territorial matters.

 

Japanese Prime Minister Shinzo Abe had told a rally he was determined to press ahead with negotiations with Russia for the return of the islands.

 

"I had telephone talks with President (Vladimir) Putin in December, and told him I would like to work to find a mutually acceptable solution to this last-remaining major problem between Japan and Russia," Abe said

 

"The government intends to follow its basic policy of settling the territorial issue and then sign a peace treaty. We will press ahead with negotiations with strong will so that progress will be made towards the conclusive resolution of the territorial problem."

 

Russian Prime Minister Dmitry Medvedev landed on the remote island chain in July, prompting protests from Tokyo.

The flyover was far from random, and was designed to send a clear message to Japan: "Thursday was Japan's "Northern Territories Day", when rallies are traditionally held calling for the return of the disputed islands it calls the Northern Territories."

Unlike the Chinese escalation which is over resources, the latest confrontation with Russia is about nothing more than nationalistic pride:

Unlike Japan's dispute with China over islands in the East China Sea, which are near potentially vast maritime oil and gas reserves, the feud with Russia has more to do with the legacy of World War Two.

 

Soviet soldiers seized the islands at the end of the war and the territorial row has weighed on diplomatic relations ever since, precluding a formal peace treaty.

And since "nationalistic pride" tends to grow in direct proportion with how much weaker one's opponent is perceived, we anticipate that Japan will now have its hands full with not one but two sets of disputed islands, in turn leading to more local calls for pushback, and an even deeper deterioration in the country's trade balance, until finally not even a Yen at 0 can offset the complete loss of export markets, coupled with energy vendors who are turning so hostile they can now openly hold Japan hostage at whim.

 

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Thu, 02/07/2013 - 11:02 | 3222856 scatterbrains
scatterbrains's picture

Mean while is that Satan standing over there in the corner ?

http://fiatflaws.blogspot.com/

Thu, 02/07/2013 - 11:06 | 3222865 MillionDollarBonus_
MillionDollarBonus_'s picture

America needs to get involved and sort this out once and for all. With great power come greate responsibility, and this nonsense has to end. Our CIA has professional negotiators who will be able to resolve this dispute. And if negotiation fails, then I'm afraid military force is the only option.

Thu, 02/07/2013 - 11:09 | 3222874 dick cheneys ghost
dick cheneys ghost's picture

Quick.........somebody call Sarah Palin

Thu, 02/07/2013 - 11:11 | 3222884 francis_sawyer
francis_sawyer's picture

Yeah ~ but Lerch will be "for" the fryovers until he's against them...

Thu, 02/07/2013 - 11:19 | 3222899 TruthInSunshine
TruthInSunshine's picture

Paul "Let's Set The World On Fire" Krugman has a non-nocturnal emission with every flyover.

 

p.s. Who will be the new Archduke Franz Ferdinand? Predictions please...

Thu, 02/07/2013 - 11:23 | 3222927 trav777
trav777's picture

BFD, Russia scraped their airspace...wasn't exactly a fucking flyover

Thu, 02/07/2013 - 11:29 | 3222954 TruthInSunshine
TruthInSunshine's picture

Krugman claims they buzzed their tower, causing one officer to spill hot coffee on himself resulting in serious burns.

Thu, 02/07/2013 - 11:40 | 3223011 SeverinSlade
SeverinSlade's picture

Positive development for Ron Burgundy's pants store.

Thu, 02/07/2013 - 14:24 | 3223563 Half_A_Billion_...
Half_A_Billion_Hollow_Points's picture

 

 

Russia & China jointly bitchslapping the poor broke "west"... 

Who's the next Ferdinand?  It would be nice if it were Benny, woudln't it?   A man can dream..

 

Thu, 02/07/2013 - 16:43 | 3224045 mjcOH1
mjcOH1's picture

Was the spilt coffee a Starbucks? Buy buy buy!!!

Thu, 02/07/2013 - 16:55 | 3224091 BTFDemocracy
BTFDemocracy's picture

MillionDollarBonus_ & TruthInSunshine delivers again... :)

I am always conflicted when I see MillionDollarBonus_ comments, because I want to upvote and downvote them at the same time, but I can't have both.

Thu, 02/07/2013 - 12:05 | 3223112 Boris Alatovkrap
Boris Alatovkrap's picture

But Krugman, is not spill coffee good for economy? Spill hot coffee make is jobs for triage doctor and nurse, medical staff buy consumer goods, much money is make! Maybe is good spill whole pot of coffee!

Thu, 02/07/2013 - 12:11 | 3223147 CheapBastard
CheapBastard's picture

Sue the coffee maker...the delivery man...McDs for the much-too-hot coffee...and so on...

 

Stimulate the economy!

Thu, 02/07/2013 - 13:53 | 3223437 ACP
ACP's picture

Anyone who is familiar with Russian military discipline would know that they were probably just drunk.

Thu, 02/07/2013 - 22:23 | 3224887 Red Herring
Red Herring's picture

That was a dumb comment, and I gave you a red (herring). Like saying that last time russian jets buzzed US fregate a couple of years back it was because gay US navy were engaging in sodomy rather than watching the radar.

Stereotypes and underestimating always get you in trouble.  Afgan and Iraq were supposed to be a cakewalk 10+ years ago, remember?

Thu, 02/07/2013 - 23:02 | 3224963 Boris Alatovkrap
Boris Alatovkrap's picture

No, actually is Russian Army to drink lots. Russian infantry is drink more than shower.

US Navy is really sodomy!?

Fri, 02/08/2013 - 00:10 | 3225124 Red Herring
Red Herring's picture

Na zdorov'e, tovarish..... praporshick?

Thu, 02/07/2013 - 12:02 | 3223103 Boris Alatovkrap
Boris Alatovkrap's picture

You are belongs to Putin!

Thu, 02/07/2013 - 13:26 | 3223353 redpill
redpill's picture

Shirtless Putin!  Riding a horse!  And hefting a Kalashnikov!

Thu, 02/07/2013 - 15:45 | 3223855 TruthInSunshine
TruthInSunshine's picture

Rumor has it that Putin wrestled a Giant Vampire Squid into submission, and this caused much friction between Russia & the USSA.

Thu, 02/07/2013 - 22:58 | 3224948 Boris Alatovkrap
Boris Alatovkrap's picture

Hahaha! Vampire Squid! Rumor is grow bigger than Babushka's butt! Putin is not wrestle squid (how is can wrestle slippery sea mammal!?), but is wrestle bear. Putin is bite off arm of bear.

Thu, 02/07/2013 - 11:55 | 3222970 SeverinSlade
SeverinSlade's picture

With the way things have been escalating in recent months, I honestly think there's a strong possibility that Japan may be the sovereign that begins the domino effect that leads to a collapse in confidence in paper money.

I mean think about it.  Japan is today where the US will be in a few years.  Record low interest rates, massive public debt, aging workforce, plunging production levels, etc.  As ZH has pointed out so many times, even a slight rise in Japanese interest rates would mean all of Japan's tax revenues would be consumed by interest payments.  Which obviously leads to only one scenario: the BOJ openly monetizing every piece of debt issuance.

Such a scenario would mean that Japan would be hard pressed to continue buying US paper (and could conceivably be forced to begin unwinding its exposure to US debt). 

So we have either a collapsing Japanese bond market or a potential WWIII escalation (or both).  Japan/China/Russia fires first, forcing the US to pick sides.  Depressions almost always come after large scale wars.

Once global inflation begins to surge and bond yields begin to explode higher, the incentive for countries to move toward more stable (i.e. gold backed) currencies increases.  People forget that while the Fed and other CBs saved the day 5 years ago, today is a much different playing field.  Unconventional monetary policies (i.e. QE) have become the norm.  When deflationary pressures once again reemerge, the only card CBs hold is massively expanding their balance sheets and crushing their respective currencies. 

Thu, 02/07/2013 - 12:39 | 3223223 Bicycle Repairman
Bicycle Repairman's picture

Are China and Russia giving Japan the same kind of treatment that NATO is giving Iran?  Is there an Iran for Japan swap in the near future?

Thu, 02/07/2013 - 14:47 | 3223648 Panafrican Funk...
Panafrican Funktron Robot's picture

You know, I heard on the radio about one of the two aircraft carriers the US had in the Gulf moving out of the gulf, citing "concerns about military spending cutbacks".  My fucking ass it's about cutbacks (which btw are never happening), and they conveniently didn't mention where that carrier went.  Gee, should we just go ahead and assume it sailed west back to the US, or would we be "crazy conspiracy theorist" and suggest the more likely direction they're heading is east?

Thu, 02/07/2013 - 15:44 | 3223859 TPTB_r_TBTF
TPTB_r_TBTF's picture

It is no secret where the carriers are.  They canT hide them.

 

Where in the World is that carrier.

Thu, 02/07/2013 - 18:06 | 3224312 strangewalk
strangewalk's picture

The US gold depository at Ft. Knox and the New York Fed's underground vaults COMBINED contain approximately one troy ounce of gold for each person in the USA. The EU and other countries maintain an even smaller ratio. However, when all is considered the ratio of digital fiat 'paper' units for each person, which are spread out over countless global data bases in many esoteric forms (ie derivitives), is probably something on the order of 109:1. This calculation makes it simply overwhelming to imagine how anyone could even think about backing currency with gold today.

Gold can't realistically be used as a primary medium of exchange, but in Weimar Germany it could be traded for dollars or pounds. However, with all countres today engaged in lock-step currency debasement that will lead to global hyperinflation, whose paper money will be bought with gold?   

Also, is it actually possible to transfrom lead into gold? Yes!...and it's been done many times since Soviet engineers accidentally discovered at a Siberian nuclear site in 1971 that protective lead encasements inside a reactor had been changed into gold. Since then, everybody has been told that this process is nowhere near cost-effective, yet it's also known that related, highly secretive research was begun immediatly and has been conducted at a fever pitch ever since.

"Into the streets they will throw their very silver, and an abhorrent thing their own gold will become"--Ezekiel 7:19       

Thu, 02/07/2013 - 23:19 | 3225005 MeelionDollerBogus
MeelionDollerBogus's picture

can you be serious? Really?

“Gold can't realistically be used as a primary medium of exchange, but in Weimar Germany it could be traded for dollars or pounds. However, with all countries today engaged in lock-step currency debasement that will lead to global hyperinflation, whose paper money will be bought with gold?”

No paper required. Direct trade of goods for gold. If someone wants to dare issue their own non-central-bank paper against their own gold holdings so be it but the lesson to learn is the coin should always be in-hand, gold or silver.

 

“Also, is it actually possible to transfrom lead into gold? Yes!...”

 

 

No. You can smash neutrons into gold to make lead but to make gold GIVE UP a neutron would leave a short-lived isotope in a chain of decays. And none of it safe to handle which precludes any value for money OR non-nuclear industries.

 

"Into the streets they will throw their very silver, and an abhorrent thing their own gold will become"--Ezekiel 7:19

-10 for bible reference. One of the worst things to ever happen to humanity was religion. Almost as  bad for decrying anything of real value (gold, silver, bread, tools) be thrown to the street. Sheer nonsense. Smart people will throw their slave shackles to the street. Dumb people will throw their freedom in the garbage.

Thu, 02/07/2013 - 18:06 | 3224313 strangewalk
strangewalk's picture

The US gold depository at Ft. Knox and the New York Fed's underground vaults COMBINED contain approximately one troy ounce of gold for each person in the USA. The EU and other countries maintain an even smaller ratio. However, when all is considered the ratio of digital fiat 'paper' units for each person, which are spread out over countless global data bases in many esoteric forms (ie derivitives), is probably something on the order of 109:1. This calculation makes it simply overwhelming to imagine how anyone could even think about backing currency with gold today.

Gold can't realistically be used as a primary medium of exchange, but in Weimar Germany it could be traded for dollars or pounds. However, with all countres today engaged in lock-step currency debasement that will lead to global hyperinflation, whose paper money will be bought with gold?   

Also, is it actually possible to transfrom lead into gold? Yes!...and it's been done many times since Soviet engineers accidentally discovered at a Siberian nuclear site in 1971 that protective lead encasements inside a reactor had been changed into gold. Since then, everybody has been told that this process is nowhere near cost-effective, yet it's also known that related, highly secretive research was begun immediatly and has been conducted at a fever pitch ever since.

"Into the streets they will throw their very silver, and an abhorrent thing their own gold will become"--Ezekiel 7:19       

Thu, 02/07/2013 - 11:11 | 3222885 Dr. Richard Head
Dr. Richard Head's picture

Will she fly aboard a George W. Obama drone?

Thu, 02/07/2013 - 11:20 | 3222914 otto skorzeny
otto skorzeny's picture

she can see Putin wiggling his dick at her from her front porch

Thu, 02/07/2013 - 12:09 | 3223130 DadzMad
Thu, 02/07/2013 - 16:51 | 3224083 mjcOH1
mjcOH1's picture

In an alternate universe there's some serious shit going down there....

Thu, 02/07/2013 - 11:32 | 3222977 Groundhog Day
Groundhog Day's picture

When all else fails, distract them with WAR.

Thu, 02/07/2013 - 11:10 | 3222881 I need more cowbell
I need more cowbell's picture

Someone hit you with a down arrow? Yes, maybe your schtick is becoming a little stale, but brevity is the soul of wit and so I gave you the up arrow.

Thu, 02/07/2013 - 11:11 | 3222883 BillyBoy22
BillyBoy22's picture

All I know is that me and mine are not going to die over japanese rocks.  What happens when someone throws a war and noone shows up?  

Thu, 02/07/2013 - 11:15 | 3222904 Raymond Reason
Raymond Reason's picture

But they will show up, because the real war (as alex jones says) is for our minds.  And they won that one. 

Thu, 02/07/2013 - 13:26 | 3223354 WarPony
WarPony's picture

Fuck Jones: the pied piper schill for the Davos crowd.

Thu, 02/07/2013 - 14:02 | 3223474 WarPony
WarPony's picture

Junk me?  Does he ever mention Zionistas? = schill.

Thu, 02/07/2013 - 15:01 | 3223688 Raymond Reason
Raymond Reason's picture

He wouldn't be on the air if he did. 

Thu, 02/07/2013 - 14:44 | 3223635 Totentänzerlied
Totentänzerlied's picture

Shills are not automatically always wrong about every last thing.

Thu, 02/07/2013 - 20:34 | 3224016 WarPony
WarPony's picture

Exactly, the best lie is usually mostly true.  ... prepare to hard-turn before the lemming run meets the cliff edge ... just sayin ... feint within a feint

Thu, 02/07/2013 - 11:12 | 3222888 Dr. Engali
Dr. Engali's picture

I say the world's most peaceful and free nation does what no other nation in the world has done before...nuke the shit out of them....for the sake of peace and tranquility of course.

Thu, 02/07/2013 - 11:19 | 3222912 francis_sawyer
francis_sawyer's picture

Tel Aviv has its own nukes stashed around the globe...

Thu, 02/07/2013 - 11:25 | 3222937 Dr. Engali
Dr. Engali's picture

Just an fyi....It's Led Zeppelin ,Pink Floyd, Ac/Dc....The Carpenters are right out.

Thu, 02/07/2013 - 11:29 | 3222955 francis_sawyer
francis_sawyer's picture

Roger that...

Thu, 02/07/2013 - 11:30 | 3222966 Spastica Rex
Spastica Rex's picture

Have you never been mellow?

Thu, 02/07/2013 - 11:44 | 3223028 Dr. Engali
Dr. Engali's picture

Yeah I've been mellow on a few occasions.

Thu, 02/07/2013 - 11:51 | 3223054 Spastica Rex
Spastica Rex's picture

Here I am at the advanced age 47 in the great state of Warshington and marijuana is now legal to posses - but not grow, buy, or sell. I haven't been mellow in decades and it looks like old dead Karen Carpenter will continue to have to be the best substitute.

I keep telling myself I've only just begun...

Thu, 02/07/2013 - 11:57 | 3223080 Dr. Engali
Dr. Engali's picture

Well I'm about to turn 50 this year...it's probably been 20+ years since I've been mellow. Marrige with children does that to a person some times. 

Thu, 02/07/2013 - 12:02 | 3223099 Whiteshadowmovement
Whiteshadowmovement's picture

Shame on you guys...think of your blood pressure!

Thu, 02/07/2013 - 15:12 | 3223724 Panafrican Funk...
Panafrican Funktron Robot's picture

Indeed.  I consume only legal hemp products such as hemp cereal from Trader Joes and hempseed meal from Costco (which has superior health effects to even flaxseed), but the publically available information I researched on Wikipedia indicates that the cannabis indica strain in particular is well known for it's very positive health effects.  I have also read on Wikipedia that you don't need to "smoke" the substance in order to realize these positive health effects, and in fact, it is typically healthier to consume this substance as a tea or in a bakery item.  I have also heard they even infuse the extract in soda.  

Thu, 02/07/2013 - 11:51 | 3223056 francis_sawyer
francis_sawyer's picture

The only time I was ever mellow was that time I was doin the jitterbug down in muskrat land...

Thu, 02/07/2013 - 11:52 | 3223057 francis_sawyer
francis_sawyer's picture

With Suzy Muskrat...

Thu, 02/07/2013 - 12:01 | 3223095 TheFourthStooge-ing
TheFourthStooge-ing's picture

OK, folks, you're mixing your 1970s pop artist metaphors.

Never been mellow - Olivia Newtonjohn

Suzy Muskrat - Captain & Tenille

It's yesterday once more, down by the Lazy River.

Thu, 02/07/2013 - 12:07 | 3223117 francis_sawyer
francis_sawyer's picture

It's all a haze... One day I just woke up and I wasn't wearing bellbottoms anymore... That's all I can remember...

Thu, 02/07/2013 - 16:48 | 3224067 mjcOH1
mjcOH1's picture

Well excuse me while I kiss the sky.

Thu, 02/07/2013 - 11:54 | 3223070 William.M.Tweed
William.M.Tweed's picture

Makes me think of Sam Jackson and Kevin Spacey from The Negotiator

 

The appearance of the law must be upheld, Especially when it's being broken

Thu, 02/07/2013 - 12:10 | 3223138 SeverinSlade
SeverinSlade's picture

When exactly did the US become Spiderman?

Thu, 02/07/2013 - 16:46 | 3224058 Bandit und Buster
Bandit und Buster's picture

LOLLLLLLLL

Funny stuff MDB!

Thu, 02/07/2013 - 11:02 | 3222857 francis_sawyer
francis_sawyer's picture

Nyet Fryovers!

Thu, 02/07/2013 - 11:04 | 3222861 rehypothecator
rehypothecator's picture

Great! Maybe China can fight Russia, and Japan can be left alone to figure out what to do about its debt.  

Thu, 02/07/2013 - 15:18 | 3223763 Panafrican Funk...
Panafrican Funktron Robot's picture

Why would they fight eachother, when they have so much to gain from their pan-pacific currency regime?  Particularly when the only entity that presents any kind of roadblock to that scheme (Japan) is so severely weakened?  What's going to be really interesting is figuring out what they're going to do with Australia/NZ.  Thinking through self-preservation, it would be in the interest of Aus/NZ to sign on to said regime, even if it means going against the Commonwealth.  

Thu, 02/07/2013 - 11:06 | 3222864 Beam Me Up Scotty
Beam Me Up Scotty's picture

Like vultures flying over the carcass.  Its not dead yet, but they are starting to pick at it.

Thu, 02/07/2013 - 11:12 | 3222887 Raymond Reason
Raymond Reason's picture

Russian Ladas soon to be available at US auto dealerships. 

Thu, 02/07/2013 - 11:40 | 3223012 Carl Spackler
Carl Spackler's picture

Russian Ladas (the next Fiskers - but instead of the battery freezing the doors just fall off) sold to the American public as "environmentally friendly" or "green machines," that is.

Thu, 02/07/2013 - 11:06 | 3222867 Lost Wages
Lost Wages's picture

The battle of Gog and Magog shall commence shortly.

Thu, 02/07/2013 - 11:08 | 3222869 Seize Mars
Seize Mars's picture

Assange said it and it's true: these so called leaders need to be exposed as the murderous liars that they are. When they run out of OUR assets to rehypothecate, they start wars. This is what they do. Faber said it too. They (all) want war.

Thu, 02/07/2013 - 14:12 | 3223510 Anusocracy
Anusocracy's picture

War works for rhesus macaque monkeys just like it does for the supposedly more evolved Homo sapiens.

Five to ten million years of wasted evolutionary time.

Thu, 02/07/2013 - 20:40 | 3224670 WarPony
WarPony's picture

never underestimate the wrath of a PO'd spider monkey

Thu, 02/07/2013 - 11:08 | 3222870 Dr. Engali
Dr. Engali's picture

I wonder how much of this is theater and distraction, and how much of it is hostile countries smelling blood in the water.

Thu, 02/07/2013 - 11:12 | 3222886 MachoMan
MachoMan's picture

Until combat actually occurs, we must presume the former.

Thu, 02/07/2013 - 11:15 | 3222903 Whiteshadowmovement
Whiteshadowmovement's picture

90/10 split id say doc. Btw, interested in picking up the gold thread later today? I was looking for you yesterday and ended up spooling it along with fonz a bit

http://www.zerohedge.com/news/2013-02-06/why-time-wont-be-different-japa...

Thu, 02/07/2013 - 11:23 | 3222921 Dr. Engali
Dr. Engali's picture

Thanks for the link. I've been busy the past couple of days, and it has been hard to make it on the Hedge. When I did it was mostly just to peruse the articles.

Thu, 02/07/2013 - 11:11 | 3222873 scatterbrains
scatterbrains's picture

.

Thu, 02/07/2013 - 11:11 | 3222877 francis_sawyer
francis_sawyer's picture

.

Thu, 02/07/2013 - 12:00 | 3223088 fuu
fuu's picture

:

Thu, 02/07/2013 - 12:11 | 3223145 francis_sawyer
francis_sawyer's picture

. _ . . ~ _ _ ~ . _ ~ _ _ _

Thu, 02/07/2013 - 12:49 | 3223273 scatterbrains
scatterbrains's picture

 . _   . _ _   ~   . _ _    . . . .   . _    _   ~   _ . . _ .

Thu, 02/07/2013 - 11:12 | 3222889 Tsar Pointless
Tsar Pointless's picture

I read a long, long time ago, that Amerikkka would stretch itself thin by fighting useless wars, then find itself both unwilling and financially incapable of getting involved when a *true* threat materializes.

Are we there yet?

Thu, 02/07/2013 - 11:29 | 3222958 Raymond Reason
Raymond Reason's picture

Darn good point, pointless! ;)  America's financial wherewithall is dependent on the willingness of other countries to trade in USDs.  We can bully a few small counties at a time, but alienating BRICS is another matter. 

Thu, 02/07/2013 - 11:13 | 3222893 gaoptimize
gaoptimize's picture

Why isn't this a good plan: Invite the international oil and gas industry (it is really multi-national) to put forward development proposals for the disputed islands, which would be declared an international develpment zone.  China pick 1 winner, Japan another which would form an publically traded LLC that is IPOd.  All crude produced by the LLC to be sold blindly to the highest bidder.  Development is accelerated, shareholders win, economies win, no war.

Thu, 02/07/2013 - 11:25 | 3222938 idea_hamster
idea_hamster's picture

Let me recast your plan as both the Chinese and Japanese see it.

Why  isn't this a good plan: Invite the local school board (a group you shouldn't have to answer to) to put forward development proposals for your back yard, which would be declared a common area for you and your neighbor (who thinks your back yard is his)You pick 1 winner, your neighbor another which would form an publically traded LLC that is IPOd.  All produce from the LLC to be sold blindly to the highest bidder (even though they were just yours to start).  Development is accelerated, shareholders win, economies win, no war, and the fact that your back yard got taken is besides the point.

 

Thu, 02/07/2013 - 12:22 | 3223033 thisandthat
thisandthat's picture

Yes, but was it ever really anybody's backyard to start with, or just some no man's land  between both backyards?

Thu, 02/07/2013 - 11:13 | 3222896 Kaiser Sousa
Kaiser Sousa's picture

fuck Japan...

did any of ya'll catch this shit...AGAIN............

 

http://www.kitco.com/charts/livesilver.html

Thu, 02/07/2013 - 11:25 | 3222940 gaoptimize
gaoptimize's picture

I wish there would be a 25% off sale on physical silver again.  That is the kind of sale that gets the wife interested, not these technically driven bear attacks.

Thu, 02/07/2013 - 11:16 | 3222898 CheapBastard
CheapBastard's picture

Japan enslaved Tawian from 1985 until 1945...I doubt the Taiwanese are very sympathetic to their former slave masters.

 

https://en.wikipedia.org/wiki/Taiwan_under_Japanese_rule

 

Japan is stirring up some hot memopries form what I read.

Thu, 02/07/2013 - 11:28 | 3222952 idea_hamster
idea_hamster's picture

*1895

Actually, there are a fair number of Taiwanese who feel quite at home with the Japanese, travel there comfortably, speak Japanese, and hold no negative feelings.

Thu, 02/07/2013 - 11:50 | 3223043 CheapBastard
CheapBastard's picture

yes, I'm sure the feeling there are mixed with some in the south more favorable to the Japanese. What's odd is everyone was getting along until Japan decided to rock the boat....stir it up....stir up old emotions on purpose...for what purpose?

Thu, 02/07/2013 - 17:40 | 3224253 Five8Charlie
Five8Charlie's picture

The Japanese did not do to the Taiwanese what they did to the Koreans under occupation. The Japanese wanted Taiwan as part of the Japanese chain; Korea was just for plunder.

Thu, 02/07/2013 - 11:16 | 3222907 otto skorzeny
otto skorzeny's picture

Battle of Port Arthur II-bitchez

Thu, 02/07/2013 - 12:08 | 3223126 ParkAveFlasher
ParkAveFlasher's picture

Funny?  I just started my third reading of "Gold Warriors" and it's like I'm watching it play out on the news, a hundred years later.

What are the odds Chinese skip the painfully extended foreplay scenes and fast forward right to nuclear bombardment of Japan?

Thu, 02/07/2013 - 11:20 | 3222908 I need more cowbell
I need more cowbell's picture

Nothing would shock me at this point in history. Well, maybe is Godzilla, Mothra, and Rodan came flying out of the depths of Fukushima, assholes to mouths Human Centipede style, I might be surprised. Maybe.

Thu, 02/07/2013 - 11:26 | 3222946 ebworthen
ebworthen's picture

I suppose WWIII being fought over Japan would be more interesting than Iran or Saints preserve us - India and Pakistan.

Thu, 02/07/2013 - 11:29 | 3222960 thisandthat
thisandthat's picture

Funny Japan claims the Kuriles, when they shouldn't even be in Hokkaido: http://www.youtube.com/watch?v=CjBYtYAOsJc

Thu, 02/07/2013 - 11:31 | 3222969 yogibear
yogibear's picture

Currency wars. Next act real war.

If China and others are smart they would let the US go soviet union and be unable to afford it's military. 

The US is getting closer to that moment.

Thu, 02/07/2013 - 12:09 | 3223129 ParkAveFlasher
ParkAveFlasher's picture

"Unlimited money is the sinew of war" - Cicero

Thu, 02/07/2013 - 12:41 | 3223234 eddiebe
eddiebe's picture

Yogi, I seriously doubt that the powers that pull the strings are going to allow the US military to weaken. The US military is their enforcer to push through their agenda around the world one way or another.

Thu, 02/07/2013 - 16:28 | 3224000 knowless
knowless's picture

Until it isn't.

Thu, 02/07/2013 - 23:14 | 3224996 MeelionDollerBogus
MeelionDollerBogus's picture

silly rabbit, Trix are for kids.

The powers that be have hands in ALL militaries not ONLY that of the USA.

Thu, 02/07/2013 - 11:48 | 3223042 writingsonthewall
writingsonthewall's picture

Unlike the Chinese escalation which is over resources, the latest confrontation with Russia is about nothing more than nationalistic pride:

 

Nope - it's about DISTRACTION. China and Russia have large populations which are becoming restless - so the best thing to do is distract from internal issues of poverty with a nationalistic distraction.

I suspect Japan isn't too bothered about stopping this either - it serves them well too.

WWII started from the back of the depression - why would this one be any different?

I feel for Japan - it's going to lose out in this sabre rattling war as they have very few sabres to rattle.

...and you cannot rely on the west to stick up for you anymore - they are less and less relevant in the world today.

Imagine if China simply 'took' the islands - I can't see anything more than 'strong words from Hillary' being the response.

Thu, 02/07/2013 - 12:40 | 3223231 thisandthat
thisandthat's picture

More likely it's about access to the secluded Kamchatka Sea and it's military bases and EEZ.

Thu, 02/07/2013 - 12:17 | 3223168 shovelhead
shovelhead's picture

Japanese Jews...

It's always the Jews.

Thu, 02/07/2013 - 12:21 | 3223177 rwe2late
rwe2late's picture

 

Guess what, just as with the China island dispute, US meddling and machinations are involved.

 

 

http://www.zerohedge.com/news/2013-02-05/chinese-warship-prepared-fire-japanese-destroyer-last-week#comment-3216046 

?

The US is STRONGLY pressuring Japan to abandon Japan’s anti-militarism Constitution and re-arm (to boost US weapons sales, and as part of the hostile US “pivot” against China). Other Asian nations are less enthusiastic about a re-militarized Japan.

Per Wikipedia:

“The Yalta Agreement, signed by the US, Great Britain and the Soviet Union, stated:

The leaders of the three great powers – the Soviet Union, the United States of America and Great Britain – have agreed that in two or three months after Germany has surrendered and the war in Europe is terminated, the Soviet Union shall enter into war against Japan on the side of the Allies on condition that: [....] 2. The former rights of Russia violated by the treacherous attack of Japan in 1904 shall be restored, viz.: (a) The southern part of Sakhalin as well as the islands adjacent to it shall be returned to the Soviet Union; [....] 3. The Kurile Islands shall be handed over to the Soviet Union.

Japan—as well as the US—claimed that the Yalta agreement did not apply to the Northern Territories because they were not a part of the Kuril Islands, although US geographers have traditionally listed them as part of the Kuril chain.”

The Cold Warrior President Truman later claimed that although that’s what the US said to agree , it was not what the US meant.

 

Thu, 02/07/2013 - 12:29 | 3223194 Cardinal Fang
Cardinal Fang's picture

Ah, we just want a slight warm up somewhere, so we can test our drone fighters vs manned fighters, but no one wants to play Top Drone!

Thu, 02/07/2013 - 12:30 | 3223195 Cardinal Fang
Cardinal Fang's picture

Jeez, does Honeywell write the code for this site?

Thu, 02/07/2013 - 12:44 | 3223249 Sizzurp
Sizzurp's picture

Japan should have settled this issue long ago when times were good for Japan and poor for Russia.  They could have likely made a monetary settlment with Yeltsin for peanuts.  Now they have problems.

Thu, 02/07/2013 - 19:50 | 3224551 rwe2late
rwe2late's picture

 Isn't the foreign policy of occupied Japan what the US directs it to be?

Thu, 02/07/2013 - 12:45 | 3223253 Piranhanoia
Piranhanoia's picture

I'm going to live "On the Beach"

Thu, 02/07/2013 - 13:02 | 3223289 Vlad Tepid
Vlad Tepid's picture

Let me guess, Tyler, Japan's "aggressive rightists" are responsible for stirring up this trouble too?

Thu, 02/07/2013 - 13:14 | 3223323 Vlad Tepid
Vlad Tepid's picture

Let me amend that so that whatever Tyler is in charge today doesn't confuse my intention:  You are a fool, an idiot, and an ignoramus.  Saying over and over again that Japan is in the grip of arch-nationalists will not make it any more true.

Putin already controls those islands in contravention of treaty obligations and this constant harping on a supine, flaccid and geriatric Japan as some kind of globe -stomping fascist monster instead of the pacifist country surrounded by petty tyrants looking take a bite has me flummoxed and irritated.  I expect outright lies from the MSM, not here.  Care to defend any of your baseless and ignorant opinions?  Or are you the kind of person who cheers YouTube videos of 15 punks playing "knock-out game" on an old woman on the subway.

Thu, 02/07/2013 - 20:21 | 3224625 ersatzteil
ersatzteil's picture

You don't see the hilarity of Abe deciding to focus on this, out of all the problems facing Japan?

Not currency destruction, not demographic challenges, not getting the house in order.

No, no, Japan has something much more pressing - reclaiming islands taken from elderly Japanese pensioners before the first half of the last century.

Thu, 02/07/2013 - 13:40 | 3223395 Monedas
Monedas's picture

A scalded vulva is no laughing matter !  Hot coffee enemas .... on the other hand .... are hilarious !

Thu, 02/07/2013 - 14:29 | 3223569 Aegelis
Aegelis's picture

If no one said "Hey, Russians flew into our airspace" (either intentionally or unintentionally), would anyone not there at the time know?  Or, if Russia DIDN'T fly into Japanese airspace but the Japanese military said they did, would anyone know?  Send out the Lusitania. 99 Red Balloons go by.

Thu, 02/07/2013 - 14:37 | 3223605 financial apoca...
financial apocalyptic contagion's picture

cheap sensationalism

Thu, 02/07/2013 - 14:44 | 3223637 SDRII
SDRII's picture

Is there something more to this article about the Russians chasing down a trawler ship flagged out of Sirra Leone???? Intel gathering?

Russian border guards opened fire on a Sierra Leone-flagged trawler in the Sea of Okhotsk after an eight-hour chase, forcing it to stop, security officials reported on Tuesday.

The vessel failed to respond when ordered to stop by the Federal Security Service (FSB) patrol ship Argal.

“The unknown ship failed to answer the radio call urging her to stop, but sped up and headed towards the outer limit of Russia’s exclusive economic zone,” a regional branch of the Federal Security Service (FSB) frontier directorate said in a statement.The border guards chased the trawler, Sapsan, before calling an FSB An-72 patrol aircraft. The Sapsan initially slowed down, but as the patrol vessel approached, it sped up again.The FSB aircraft was forced to fire warning shots to stop the Sapsan, security officials said.

“The plane fired warning shots three times, but the captain risked his crew’s lives and continued the race,” security officials said.

The vessel was escorted to the port of Petropavlovsk-Kamchatsky, where its captain faces administrative charges.

http://en.rian.ru/crime/20130129/179101542.html

And this on the fishing trawler/collection connection

http://piperbayard.wordpress.com/2012/08/01/trawling-for-secrets-soviet-...

 


Thu, 02/07/2013 - 15:26 | 3223793 Pancho Villa
Pancho Villa's picture

Wars are one of the best excuses for money printing. Nothing like a nice little war to get the patriotic juices flowing and distract the masses from the collapsing currency. Looks like Abe knows this.

Thu, 02/07/2013 - 17:21 | 3224191 Bandit und Buster
Bandit und Buster's picture

Wars are for the enrichment of the Rothchilds oops, banksters AND to reduce the non-jew population...

www.synagoguerising.com

Thu, 02/07/2013 - 20:16 | 3223798 Bunga Bunga
Bunga Bunga's picture

Did you see the insignia on the Russian fighter jet, that violated Japanese air space?

 

Russian air force returning to red Soviet Star as insignia on planes and helicopters.

?? ???????? ? ????????? ???????? ??????? ????????? ?????????

http://izvestia.ru/news/543587

 

And then this:

Original document that proclaimed the death of the Soviet Union is 'lost'.

http://www.huffingtonpost.com/2013/02/07/soviet-union-death-announcement...

 

 

Thu, 02/07/2013 - 16:50 | 3224076 Bandit und Buster
Bandit und Buster's picture

WARS AND RUMORS OF WARS....

Thu, 02/07/2013 - 18:00 | 3224308 SmittyinLA
SmittyinLA's picture

There is no dispute, the Russians own/occupy the Kuriles for the moment, the Japanese want them back,  (they used to be uncontested Japan territory).

The Russians need cash, technology, and oil markets there's plenty of space to craft a "deal" between the Russians and Japs, ie Russians give up the Islands in exchange for cash and prizes.

Russia has a population problem they can't occupy the territory they have they also need cash and technology, a corporate merger would be in their interests. 

 

 

Thu, 02/07/2013 - 22:44 | 3224924 Red Herring
Red Herring's picture

Re: "they used to be uncontested Japan territory" - southern part of Sakhalin and the Kurils were part of Japanese territory 1905 - 1945.  Russia lost those territories in Japanese-Russian war of 1904-1905, and gained them back at the end of 2nd World War in 1945.  Prior to 1905, these were mostly uninhabited and in Russian zone of influence since circa 1600s.  All ancient history, though, otherwise lots of land will have to be returned to its "original rightful owners" - American Indians and Australian Aboriginies come to mind.

Thu, 02/07/2013 - 19:45 | 3224540 ersatzteil
ersatzteil's picture

Shinzo Abe's in the D-D-D-DANGER ZONE!!!

 

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