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Japan's Finance Minister Accidentally Reveals How It All Ends: "War"
While this all started with a currency "war," it seems - according to a stunningly candid transcript of Japan's finance minister's conversation with none other than Paul Krugman - that the real endgame here is actual war. Aso remarked that "a similar [deflationary mindset] had occurred in the US in the 1930s. What solved the question? War! Because World War II had occurred during the 1940s and that became the solution for the United States. [We] have to switch [the Japanese] mindset... we are looking for the trigger."
Japanese Prime Minister Shinzo Abe has been the most hawkishly militaristic PM of a generation, shifting from the passive society to an aggressor, beginning around 2013. This has only been emboldened by rising nationalism and escalatuing tensions in the South China Sea.
We note this by way of background as just-released transcripts of a conversation between Japanese finance minister Aso and Uber-Keynesian Paul Krugman reveal perhaps the reality that Japan faces as its economic and social structure collapses...
(Minister of Finance Aso)
During the 1930’s, I remember that in the United States likewise there was a situation of deflation. And the New Deal policies have been introduced by then President Roosevelt. As a result, it worked out very nicely, but the largest issue associated with it is that for a long period of time entrepreneurs and managers of companies did not go to make a capital investment by receiving the loan. It had continued up until the late 1930’s and that is the situation occurring in Japan too. The record high earnings have been generated by the Japanese companies but they would not spend in the capital investment. There are lots of earnings at hand on the part of the corporate in Japan. It should be used for wage hike or dividend payment or the capital investment, but they are not doing that. They are just holding onto their cash and deposits. Reserved earnings have kept going up.
A similar situation had occurred in the US in the 1930’s.
What solved the question? War! Because World War II had occurred during the 1940’s and that became the solution for the United States. So, let’s look at the entrepreneurs in Japan. They are stuck with the deflationary mindset.
They have to switch their mindset and should start making capital investments. We are looking for the trigger. That is the utmost concern.
(Prof. Krugman)
The important point about the war from the macroeconomic point of view is that it was a very large fiscal stimulus. That fact that it was a war is very unfortunate. It was simply something that led to a fiscal stimulus that would not otherwise have happened.
In fact, the story in the 1930’s was that the New Deal, Roosevelt backed off the fiscal stimulus in 1937, because then, as now, there were many calls for balancing the budget. That was a terrible mistake. It caused the major second recession.
Yes, obviously we are looking for ways to achieve something like that without war.
Obviously... though war would be handy eh? All that ammunition manufacturing and no inflationary pressure as everyone of them gets shot away. What could go wrong?
So here is 74 seconds of pure Krugmanism from the mouth of the man himself - Keynes 1939 (pre-war) radio address on the beginning of The Grand Experiment...
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Yes and it may be time for a clean out.......
http://beforeitsnews.com/animals-pets/2016/03/warning-this-may-be-the-si...
I say we send everyone who either calls for war, or supports a (new, hot) war, be sent to the frontline with the first dispatched regiment.
Hey, does clerk / typist pay well?
and Krugman reply?
He us a member of the Group of Thirty
war starts with the tacit support for war..... yes im looking at you, krugman you fucktard demon from hell
One thing almost always forgotten about the history of WWII is the transfer of gold it triggered. Congress passed a neutrality law that allowed the sale of weapons to England and France but only if the purchases were paid for in gold. From the start of the war in 1939 until the US entered it years later there was a massive amount of gold flowing into the US. It remained in the US after the war and was the collateral for the post war boom.
Perhaps lost amongst the war talk clutter is this little gem:
"because then, as now, there were many calls for balancing the budget"
Who the hell is calling for balanced budgets?? Sure, some may, on rare occasion, SAY they want it but there's absolutely ZERO emphasis behind it and NO action. We're still running $400 billion a year deficit in the US and everyone is slapping eachother on the back congratulating themselves that it's down from a trillion a year. So what the fuck is this balancing the budget strawman?
Mmmm yes, Japan has one of the oldest populations in the world. Are they going to send grandpa to kill the Chinese? Ha ha ha.
Bankers, lawyers, and politicians start wars. Nuff said.
Don't forget Popes and their ilk.
Accidentally Reveals How It All Ends: "War"
All Wars Are Bankers' Wars
https://www.youtube.com/watch?v=5hfEBupAeo4
Nothing happens/ed accidentally...
So "Taro, Taro, Taro" is releasing (not leaking) info from right under our noses, to right before our eyes, no?
Quesion remains, what would Japan do/get?
A virtual cover for fuk-u-Rama (likely the most deadly aftermath for the Land of the Sun)?
As for the rest of the world, check out PCR's warning yesterday.
Vipro Markets who is providing spot FX and precious metals trading recommended it's clients this week to put some funds into physical gold as the world will not be able to avoid serious military escalation and social unrest. I respect the people who actually tell the truth and don't lie.
Fair reco but where exactly should I hold this physical gold? I mean I can't hold it in the bank because banks will be closed when war breaks up. I can't hold it also at my house because I might have to leave the house.
They might let themselves lose the war, and thus cut the social benefits to all those old japanese fucks. Starve them, let the chinese bomb them.. and voila.. balancing the budget.
well the japanese conquere the republic of chinese army pretty easily , in fact there was so little chance of winning most of that army retreated after a time.
most chinese peasants died from starvation, massflooding , and other non direct war related killing by japanese.
the japanese already had occupied some of china since 31. and the ensuing invastion in ww2 saw far greater losses of chinese lives than japanese, even though the japs were eventually pushed out. if you count chinese peasants who died, the nubmers are pretty staggering.
war is not about numbers of people, it never was. it used to be about nubmers of able bodied yougn men, but now it's barely that anymore.
how does the u.s. acount for less than 5000 deaths in iraq over 10 years?
the war machine is about information and weapons nowadays, not about superior numbers of able bodied men.
occupation on the other hand always requires bodies. i suspec that the real ww3 won't see too much in the way of occupation, as much of the areas of concern will be totally devastated . it most certianly will be far deadlier than ww2, better weapons and 3 times more people on the planet and a greater % of those people more than ever are living in cities. you couldn't imagine a better settup for a destructive war.
Syria
In many ways, the Japs ran out of bullets before the Chinese ran out of people. Not that Mao minded in the least. 'cuz he kept up the killing in the next decades.
#GreatLeapForward
- Ned
{funny how that "Forward" thingie keeps coming up}
China vs. Japan--One child, precious darling little emperors mounting human wave attacks against senile, octogenarian manned machine gun nests.
$6tn+ on a GAAP basis.
Common core math much ?
What was Keynes' response about accumulating the barbarous relic? He didn't insist US should have accepted paper money instead?
"the tacit support for" War (with an actual name attached to it) will come when the central bankers decide it is Time for a War. Until then we will have Terrorism.
<Go to War or
<Go to Mars
Both are expensive and will fill national pride. One will kill thousands if not millions of people, the other will kill just a few people. Take your pick.
Sorry Simon Templar, you present non choices.
Mine was a down vote.
That was my 'Uncle' Roger growing up.
He is no Roger.
And, Sir, you are no Winston Churchill.
Woman: Mr Churchill, you are drunk.
Churchill: And madam, you are ugly. but in the morning I will be sober and you will still be ugly.
Woman: Churchhill, if you were my husband, I'd poison your tea....
Churchill: Mam, if you were my wife, I'd drink it...........!
Woman: Have you ever looked yourself in the mirror Mr Churchill.
Man: Mr. Churchill, I don't smoke and I don't drink and I'm 100 per cent fit
Churchill: Sir, I smoke and I drink and I'm 200 per cent fit.
Sorry Simon Templar, you present non choices.
War IS THE CHOICE.
We are going to fucking War. It will be an Extinction Level Event.
And you, in all liklihood, will die as a result.
You may not like the choice.
I'd rather go to Mars, personally. Of I could then I would be on that first spacecraft to leave this wretched place.
I do not like the choice that I am to die in a War.
Eh...But everybody has got to go sometime.
YOU DO NOT HAVE A CHOICE. So War is a NON CHOICE. And as there is no political will to go to Mars then we shall die as a result.
Aren't you happy that you SUPPORTED the MIC as it was YOUR SUPPORT that allowed for this outcome, Arnold.
Financial support is SUPPORT.
Financial support is SUPPORT.
Financial support is SUPPORT.
Perhaps you should have supported Missions to Mars instead?
No worries. It is far too late.
Soon you will have no worries...at all.
So, you're saying that now might not be the best time to rebalance the risk on my investment portfolio?? :-)
Jeez, Tom. Lighten up already.
No. I will not lighten up. You need to understand it and have no doubt.
i'll choose the 3rd option.... neither
War has already been chosen, barrybrown.
Life on this planet will go extinct.
I'd like humanity to go to Mars, but not as a government project.
Mars is the Roman god of war.
Therefore- much of humanity already has gone to Mars- and keeps going there.
;-)
If you want to see what Earth will look like after a Nuclear War then you need look no further than to Mars.
Mars is aptly named.
It demonstrates the result of waging a Global Thermonuclear War.
There is no such event as a limited Nuclear exchange when opposing belligerents are armed with Nukes.
It will escalate.
There is NO DOUBT that we will use Nukes. We have done so in the past thus we will repeat it.
There is no hope in the World for humanity's survival. None.
We will go to War. It has already been foreseen.
I think you're a little pessimistic. have no fear. people wont go extinct. the elite have deep and vast underground bunkers beyond anything seen in the cold war age.
with food and supplies, they can last out any man made disaster.
however, humanity's only hope is that the Guards the elite have to protect them wake the F* up, kick them out to die in the wasteland that they created
War is only "unfortunate" if kills or maims one, not if one profits from it. I assume Krugman and Soros have their positions on, time to promote the result.
FORWARD SOVIET!
Well, regardless of who won the last debate on Capitalism in an earlier thread (I did!) one thing is for sure...
... whatever it is you want to call it that WE have, the above article is how it all ends. So the earlier thread - while interesting - is moot.
You are right, mate, but you're mistaken: it's you who'll be sent to the frontline, not them.
It'd be interesting to see if all of those newly welcomed (over the last 50-60 years) immigrants count themselves as British (or whichever western "civilised" nation took them in) if conscription is ever reinstated... It won't be a whites only war next time (within Europe, if you exclude the Indian SS division that was based in France. Seriously - google it!).
I actually don't think it'll be between nations next time around. It'll be predominantly, the indigenous Europeans against the immigrants on their own doorstep.
Winner takes all but the zionists will profit nontheless.
Here in the US, the occasional push to have the draft for women as well as young men is gaining momentum with every push.
Heaven help any opposition to menstruating, college age bitches from the hood.
(Or menstruating college aged young men, just to be fair).
Well, I'm a bit long in the tooth for frontline duty (even by current Ukraine standards), but I WOULD be expected to help out "behind the Lines" should Australia get involved (and you KNOW they'd be VERY keen - we DO love our Wars, Down Under!). I better bone (!) up on Battlefield Medicine I suppose . . . :-)
frontline?
I say drop them behind enemy lines.
We'll tell them to think of it as money paradrops.
"I say we send everyone who either calls for war, or supports a (new, hot) war, be sent to the frontline with the first dispatched regiment."
and their 18+ year old offspring...men, women or whatever falls in between
That includes posters here, correct? No deferrements for any reason whatsoever. If you're a chickenHawk, then you're cannon fodder, whether you like it or not.
correct
Hi, Herd Redirection Committee,
Their summary execution via politically correct assassination would discourage copy cats and not encourage others to follow madness. Short and sweet and most effective it would be too in these new days where nothing is able to be kept secretly hidden from view and greater knowledge.
Agreed. It takes a real cowardly pussy to call for war or extermination from behind a keyboard and then refuse to put some skin into the game.
For you pussies and panzies on this site that want to exterminate people I say this: You first. Take out as many of "them" as you can until they capture you or kill you first. Then we'll send in the next big mouth out to do the same.
Frankie, Frankie, Frankie.
Chill.
There is a well established, proven cadre working at your Home Depot.
Or so I'm told.
Or strapped to the front of an ICBM
escalatuing tensions...
These are by far the worst kind of tensions.
resorting to violence and war is a cardinal marker for a mind that has assumed responsibilities beyond its capacity
there ALWAYS is another path
Nope, you are mistaken.
The alternative you propose is subjugation, and we have way too much of that now , you loveable little cuddle bunny.
Too bad there isn't enough political clout to start a war on degrading infrastructure instead.
We'd just end up with a whole lot more degrading infrastructure.
Paramount is renaming Star Trek II.
"Wrath of Krugman"
Krugman, the high priest of the fascist banksters, acts as their spokesman when he notes the importance of war as a very large fiscal stimulus.
Which of course is exactly what the banksters so desperately need.
I'd bet that if we petitioned CONgress to give all of the contracts to Haliburton then the job would get done.
It'd cost us 46,000 trillion, but hey we'd have a new road and bridge here and there.
Not one government on the planet can afford the budget for a war because debt is already too high.
Huh? War is the great opportunity to goose your coffers while at the same time shitting on your debts - one way or another.
Don't forget the spoils of war. Used for debt repayment.
War doesn't have a budget, that's the point.
Wars in the 'old days' ended when one side was defeated, surrendered or ran out of money - which used to be GOLD. Since money became fiat, it's always just a matter of printing more. How else could you have a 'war on terror' which we've been told will last supposedly generations? With honest money this could never happen..
END THE FED
And China wants payback.
... God willing
And they will be sitting in their bunkers pushing their pawns, err soldiers into battle.
What happens when the soldiers decide to come looking for them. It will happen and those in bunkers will starve, be smoked out or have to face the music. There is no place on this earth where they can hide.
LMFAO. We're back to Krugman Theorem. War stimulates the economy. That explains North Korea's roaring economic success of the last 70 years. They've been fighting the Korean War since 1953 and doing splendidly. What did Krugman get his Nobel Prize for again? Oh yeah, an economic theory pimping the New World Order. His War is the Great Wealth Creator theorem should win him the next one. Dresden bombing? Creative destruction. Nuking Nagasaki and Hiroshima? Economic stimulus. Go dig some ditches and fill them back up again. Pure stimulus. But blowing shit up.... stimulus squared. Hey look, a $100 bill on the sidewalk just waiting for me to pick it up. Give that man another prize. LMFAO......
The big benefit is to send the young males off to their war deaths so the old farts can hog the young pussy.
Economists always envision a future that has them on the top of the heap.
Only a boneheaded Ivy League ass hole could cook something like that up.
Upvoted.
I suspect you got many upvotes, but you have the italics page fault. If your first line has an italics bracket the bug causes the vote arrows to not respond to clicks. No votes. If the error continues and you care about any votes at all, simply make sure your first character is not bracketed by italics.
Cheers.
They're fucking insane.
They believe there is no other option.
My limited medical research on the topic shows a history of aneurism in that genetic line.
-- Dr. Spock
They made it that way.
Resetting by killing most of the worlds population has a certain amoral psychopathic logic.
Their overlaid narcissism doesn't allow them to realize that they would be victims too.
Welcome to the Asylum, they misspelt Elysium.
Corrected. Elusinian Mystery Religion. Armageddon Masonry. Works of the Devil.
The Prince of Peace and King of Kings approves only the industry, charity, and obedience that makes the world as the gardens of Lebanon.
Amen.
I have often wondered if mankind has done this time and time again. I'm waiting for a coal miner to come across a fossilised 747 in a coal seam.
You're too kind.
Anyone who wants to be a politician should be fucking banned for life. These cunts are going to get us all killed while the MF'ers will be in air conditioned bunkers with enough food to see out the nuclear winter. Mind you when Japan's remaining reactors go critical after the Chinese attack the fucking place will be so radioactive the bastards will never be able to come out of their holes.
wrg
Humanity is Weeping while the Multinationals and Bankers get Fat
I've been saying this for a long time, and anyone who truly understands fractional reserve banking will come to the conclusion that world wars are inevitable. WWIII WILL happen. When or how is anyone's guess (except the people who are actually planning it), but it will happen.
Good luck and Godspeed.
Yeah the fuckers who start the wars don't do the fighting and dying.
This time will be different, They will never show themselves in public, They will be hunted and executed every last one.
>>>When or how is anyone's guess... but it will happen.
Very likely biological... and by an "enemy" to be designated, as appears most useful.
If you're raising a family, I suggest getting to a low-population density locale, ASAP (ideally an island in the Southern Hemispere).
If it's just you, follow Lord Denethor's advice, and die in whatever way seems best to you.
If the Keynesians and Commies want to fight a war, I'm more than happy to pitch in to buy them an island somewhere.
Uncle Milton could save us but the blinders are too thick.
Dead comics help no one.
Friedman, the other Uncle Milton
My Uncle Milton wore his underwear outside his trousers.
On his good days.
Otherwise he would forgo his trousers.
Keynes must have been abused as a child.
Japan will need to pull the U.S. into war with them; and the U.S. might just side with China.
Keynes is actually quite lucid.
It is the apostle and acolyte implementation that is........ well add your own expletives.
Now that is a wee bit ridiculous. The first part, and the second.
Does sound a little ridiculous, but then Japan and Taiwan have also given up production to China, especially electronics. Let's say China needs war more than anyone else to stoke nationalism and prevent internal revolt; is the U.S. really going to risk nuclear war over South China Sea? Or, will we let China have that and Taiwan so that electronics and other manufactured goods keep flowing and to keep Australia afloat? The West has become dependent on Chinese manufacturing, a protracted conflict and U.S. cities wouldn't be able to replace transformers and the military won't be able to maintain all their high-tech toys. Nuclear war or concessions? I say the U.S. folds in that scenario.
3rd option is dirty tricks. 911, fukashima, tianjin, mass expulsion of convicts and vagrants... somebody's been busy.
It won't work. They have a just as great a probability of another war backfiring right back to them. The people are trusting those in power less and less. They are on to the game. If these assholes cause mass death, their heads may just as likely be on the block or more likely far far worse.
You think they'll actually use nukes? That leaves land uninhabitable...and it shouldn't be too hard to figure out that conventional war is both more expensive, and more time consuming.
Nuke war would be over too soon, cost too little.
People, groups of people, and even Nation States do not buy tools without the intent to use them.
If a land invasion of Russia happens they are not going to be willing to kiil 20 Million of their own to expel the invaders....again.
That lesson is ingrained in their collective memory. It is indoctrinated to them in every single classroom.
And I would not blame them for using Nukes to defend themselves.
As for us, we have already used Nukes in Japan, and DU weapons in Iraq.
Do not delude yourself.
If we are going to spend a shitload it is much better that we boondoggle it on going to Mars.
The major problem in the Global Economy is a lack of demand as a result of everyone being destitute.
Oh we can only repair so much infrastructure here. We have too many buildings combined with hordes of homeless? There is no demand for labor. There is no demand for what we can build as nobody has any capital to buy it.
Supply side economics has totally failed.
So they will choose the easiest path and use the weapons that already exist. They will take us to war and if you survive it then life will not be worth living.
It is going to be rather funny when the elite emerge from their bunkers and succumb to SLOW SUFFOCATION.The Nuclear Winter will poison the oceans and kill off the majority of flora.
Without plants there is NO OXYGEN. When combustion happens as a result of the Nuclear Firestorms the atmosphere will become deplete of OXYGEN.
There will be no plants to replace it. Ocean life will die as a result. The smoke will blanket the Globe from sunlight. The phytoplankton will starve and die with out the sunlight. Without the phytoplankton there is NO OXYGEN.
Furthermore they are at the very bottom of the Food Chain.The entire Globe dies.
I hope that these SCIENCE ILLITERATES and INNUMERATES suffer a Hell before they die.
Maybe that is what happened on Mars. We will never know. A Nuclear War will transform the Earth into what Mars is currently.
They will use the Nukes.
We should have gone to Mars in the past decades instead of building up the Defense Industry.
The infrastructure for a Mars Mission would need to be developed. But there is no political will or resources to do it..
The outcome would have been better.
It is an opportunity that has been squandered.
But humans are like lemmings in that they have a herd mentality with a predilection toward self destruction.
We will be swept under the doormat of extinction as a failed organism...and deservedly so.
Humans are unworthy of survival. They know enough to be dangerous. They are dimwitted monkeys with Nukes.
You will know that when Kubrick produced Clarke’s 2008 A Space Odyssey in the late 1960’s, the BBC ran an interview with Clarke on Radio 4, discussing his view of the future of space exploration (in the heady days of the Apollo Programme). One central question was “Is this Film possible?”, and Clarke’s very clear view was that, should the present momentum be maintained, a manned mission to Saturn (per the book, not Jupiter) should be achievable within the next 30 years – i.e. 2001 should be achievable.
Fast forward to today, 15 years after the proposed mission, and we have not even revisited the Moon, let alone established a permanent lunar presence (a prerequisite for longer – range exploration): Our “version” of Space Station V has a lot more in common with the very old Skylab programme, rather than the massive twin – wheel Hilton Hotel, complete with artificial (but effective) gravity.
Never mind, we’ve got the largest disparity of wealth on record, decades of malinvestment, crumbling infrastructure, and lack of reasonable opportunity for the majority (i.e. those lacking connections in the right places).
Isn’t progress grand :-(
Squandered opportunity...
It could have been...
It should have been...
It would have been...
It ought to have been...
It might have been...
If only it had been...
But it was not to be.
So much for dreaming.
It was just a dream away...
Just a dream...
Just a dream.
Enjoy some Cars, "A Dream Away"
https://www.youtube.com/watch?v=kJkfgQj4Guw
Institutionalized https://www.youtube.com/watch?v=PmoHv8Mf_-o
Whenever you hear an economist, politician or general say, "Of course, we would only consider this as a last resort..." you can be sure it will happen. And it will be the first thing they try, not the last.
Of course they still will go through the motions of feigning the 1st, 2nd, and 3rd resorts, if only for the dumb masses. But that's always enough to do the trick. The other .01% gets locked up under subversion laws, usually turned in by.... the dumb masses.
It's just that no one wants to be blamed for starting the war. It is just like the Grexit/Brexit/Gerxit. No one wants to be the one that leaves the EU first but they'll all gladly leave the EU once a country is the first. The same with the war, once it is on, every country in the west will jump in to "defend" their NATO buddies from the evil JV teams in the Middle East.
After the false flag, they dream up a phony euphonistic name for the War so everyone will hop on board.
It's extremely unfortunate that John Maynard Keynes evaded military service. Perhaps he would have learned a valuable lesson about the horrors of war or even better have become a KIA statistic.
It's extremely unfortunate for humanity this motherfucker was even born.
That said, he did make great strides for the acceptance of sexual deviants. As we know, the only rights that matter are gay rights.
Yes, Krugman is a pox, herding sheople away from the vital lessons learned 80 years ago. Fwd fiscal cliff!
It's extremely unfortunate that the woodchipper wasn't invented yet and that there wasn't a psychopath nearby to toss Keynes feet first into it.
War, it's just a rich mans trick. We die and they laugh all the way to the bank. Which boogeyman will it be today...ISIS, Russia, North Korea, China, Terrorists....
To understand the mind set of governments and the rich you have to enter into it for a moment and think
" Do I really care about these peasants? No! - that's weakness and sentimentality. They bred that out of us.
My glorious war games are reality and the rest are just raw materials"
You can get carried away with that stuff.
I got a glimpse of it watching "The Night Manager" (BBC). It was like enlightenment of the dark kind.
Krugmanites always credit the “fiscal stimulus” of WWII for ending the Great Depression, but another important factor was the role of increased savings in the form of mandatory rationing. The personal savings rate rose as high as 28% during the war; by the war’s end, US households and businesses had clean balance sheets that fuelled the postwar economic boom.
Ummmm, correct in large part, but there were a megaton, boatload of bonds sold.
The olden days, so much disparaged,
when bonds lasted long enough to mature and pay the 'interest' and be retired....
actually the key to usa success after ww2 was the level of capacity destruction rewarding the usa with the only means of production and the only money worth anything. the real consumption economy really didn't get started until the 60s with barbie, troll dolls, color tv and art on velvet cloth in tract homes.
Precisely the type of thinking that should result in the finance minister swinging in the breeze from a light pole - the world is a better place without such vermin....
Is it important to pick a war you can win or will any ol' war do no matter the outcome?
Nah,
It's how you play the game that counts, remember?
The Huns didn't think so at the Treaty of Versailles.
We've lost too many of those "any ol' wars" already.
Japan is uniquely incapable of war. In WW-II they got cut off from oil. (They do have nukes, but it's an island.) The Germans too, got cut off from oil. Ever since then Oil has been our God.
He said they're looking for the trigger, not setting themselves up to be a target. Where 2 fight a 3rd wins. Japan didn't fukashima themselves. There are other players in this theater.
Pearl Harbor Revisited https://www.youtube.com/watch?v=Qc1OPOeGvlQ
I mean that Japan has nuclear weapons TODAY -- TONS of them. The U.S. has given them so many hundreds of pounds of plutonium that the Japanese are giving some back. If Japan hints of having delivery ability, China and Russia are likely to "do something".
Smallish islands are often good at offense, but are indefensible. Japan cannot do anything once China goes offensive. Britain would have been helpless against Germany twice recently if not for U.S. intervention.
The Japanese are absolute masters of war. Given the disparity of force between Imperial Japan and the USA, it is astounding that they lasted that long against us.
And they did kick the shit out of China and Britain.
No oil, no problem. They'll head south again, like they did the first time. Will they win? Of course not. But that didn't stop them the first time when it was painfully obvious even before the start.
Japanese military mindset is fucking dangerous. If they had competent weaponry in WWII the war would have dragged on far longer than it did.
When we blockaded oil from Japan, we knew it was just a matter of time until they bombed Pearl harbor, finally forcing Congress to declare war and join the allies.
I also take it that you have read Day of Deceit? The book actually has copies of declassified documents that clearly show that this was a "Let it Happen" event, and even with proof in hand, most people still have to deny it.
yea, japan should do the world a favor and attack pearl harbor again.
We did not give up when the Germans bombed Pearl Harbor.
Now that all drug use may become legal in the Islands, who would notice?
it'll help with shell shock(ptsd). vietnam studies said so.
Can they make it LA or San Francisco this time?
Historically most wars start in the spring.
Maybe little piddling wars do, but not WWI and WWII
War is helpful not because of it being a "stimulus" but because one can destroy all competion if one wins. Say, Japan somehow goes and destroyes China (funny, I know) and then takes over their share of exports and sets pricing at only, say, 1.5x more than China used to. Will it help Japan? You bet it will! The same way it helped USA after WWII when Europe was in ruins. There is only one pie and it is not getting bigger fast enough. Hence one's only hope is trying to win a larger piece of it or take somebody else's piece by force / war.
Ohh nooos.... Japan could NEVER defeat China. Look at how badly they got their asses handed to them the first time during the Rape of Nagasaki.
Frankie, I know you know it was Nanking.
The Russians kicked their butt for a while, however.
https://en.wikipedia.org/wiki/Russo-Japanese_War
If memory hasn't failed me, the Kamikaze was critical to the Russian humiliation.
I know that you know that I know. Thanks. The giveaway was that Santiago did not invade Singapore as I claimed in a prior post. He was too busy at that time fighting off the Puerto Ricans at the Battle of El Paso. ;)
Was that before or after the Germans bombed Pearl Harbor?
I am now mixed up.
For Japan the war never ended, of course. The war economy was simply shifted into churning out electornics, washing machines, what have you. A resounding success story allowed by the United States once it understood the "red threat" and how important it was to build up reliable "allies". But times have changed. The old guard is scared. Two billion commie scum have entered the market, and they want a piece of the pie. How to invest all that money when there haven't been any real breakthroughs in decades?
That's the first time I've heard Keynes' awful voice.
And for him to be spouting such painfully obvious crap makes me wonder how Mises didn't just lose it completely.
It sounds like they're asking for help but they're looking in the wrong places. If this was the Fed he would have sent a tweet. And their fall back plan is war? Great, how about those that endorse this global fraud model gather together and shoot each other somewhere where nobody else will get hurt. And the rest of us can work out the transition to a legitimate global economy on our own.
Damn British. A problem for hundreds of years or more!
They weren't too bad until that Frenchified Willy the Bastard showed up and turned the whole place to shit.
Bugger the lot of them.
Did Krugwhore suddenly realize he's a tool not a wiz, or tell Aso to ix-nay on the lan-pay?
"Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind."
—George Orwell