This article deeply analyzes some of the deep-seated reasons behind Japan's economic policy trends, and how to better predict the future game with the United States and Japan.
The United States is concerned about the national autonomy faction in Japan and beats it from time to time.
Recently, Japan's ** has changed a lot, Japanese Prime Minister Fumio Kishida has dismissed the largest faction of the ruling Liberal Democratic Party, the "Seiwa Policy Research Association" (also known as the "** faction"), from four key party and government positions, including Chief Cabinet Secretary Hirokazu Matsuno, who are suspected of receiving secret political funds. According to the Yomiuri Shimbun and Asahi Shimbun reports, more and more voices believe that Kishida is forced to make major changes to the cabinet and the leadership of the Liberal Democratic Party. Such an approach will also deal a heavy blow to Kishida**, whose regime structure that insists on reusing the "** faction" and engaging in "factional balancing" on this basis will change dramatically.
It is understood that the four cabinet members who resigned this time are Chief Cabinet Secretary Hiroshi Matsuno.
1. Minister of Economy, Trade and Industry Yasunori Nishimura, Minister of Internal Affairs and Communications Junji Suzuki, and Minister of Agriculture, Forestry and Fisheries Miyashitoro
In addition, a number of senior vice ministers are said to have resigned, three members of the Diet have resigned from their positions within the party, and Koichi Hagiuda, who holds a key position within the LDP, also announced his resignation on the same day.
Fumio Kishida has announced that former Foreign Minister Yoshimasa Hayashi will succeed Hirokazu Matsuno, and Ken Saito will replace Yasunori Nishimura as Minister of Economy, Trade and Industry. Other replacements will be announced, the sources said.
The Yomiuri Shimbun said that since 2000, the "* faction" has successively produced four prime ministers: Yoshiro Mori, Junichiro Koizumi, Shinzo and Yasuo Fukuda. Now that the faction is facing an existential crisis, its influence will inevitably decline, and some voices are beginning to believe that the era of the "* faction" ruling the LDP may soon be over. The Asahi Shimbun quoted a member of the "** faction" as saying, "Our faction is collapsing."
It is worth mentioning that as early as last year, former Japanese Prime Minister Yoshiro Mori also mentioned the West when he attacked Fumio Kishida. According to reports, Yoshiro Mori said that Fumio Kishida is blindly following the United States and does not put Japan's national interests first.
As a matter of fact, behind this series of changes are some of the political propositions of the politicians of the Japanese independence faction represented by the "** faction" that may affect the national interests of the United States, and the Yankees must make an example of the chickens and monkeys.
No, in order to maximize Japan's own national interests, the Bank of Japan has long wanted to raise interest rates to prevent continued economic bloodshed. However, this policy orientation is not in line with the national interests of the United States. Hence this outrageous scene. In order to prevent Japan from raising interest rates, the United States instructed the Tokyo District Inspector to go straight to the Bank of Japan building to arrest people, just before the Bank of Japan Governor news release to arrest people, and then the Bank of Japan Governor announced the maintenance of ultra-loose monetary policy, that is, Japan will not raise interest rates, and the yen exchange rate immediately turned around and continued to depreciate, and then the Tokyo District Inspection Office put back the arrested Bank of Japan personnel, just fined some money. Viewers who are familiar with international politics know that the master behind the Tokyo District Prosecutor's Office in Japan is the Yankees, which is an institution specially set up by the United States, as the victorious country, in order to control Japan for a long time after Japan's defeat in World War II.
Since the Bank of Japan announced that it would raise interest rates a month ago, the exchange rate of the yen has risen from 151 to 140, which is simply digging the roots of the United States and working against the United States. Therefore, the Yankees are very unhappy, and there have been great changes in Japan ** recently.
Why would Japan's interest rate hike greatly affect the fundamental interests of the United States?That's because many international arbitrage players are borrowing ultra-low-interest yen from Japan to exchange for dollars, and then buy dollars or invest in other dollar assets, the scale of which is said to be as huge as 7 trillion US dollars, so if Japan raises interest rates, not only the yen exchange rate will rise, but also the interest on yen loans will rise, forcing these international arbitrage players to throw US bonds to cash in US dollars, and then exchange them for yen to return to Japan to repay loans, forming a double interaction. If the Bank of Japan is allowed to do this, it will simply cost the lives of Americans. As everyone knows, because the Americans are reckless in military force and have high debts, the country's credit is already in jeopardy. At present, most economies in the world, led by China, are continuing to sell US bonds, and Americans have to find all means to sell US bonds to plug this big hole.
Therefore, the United States instructed the Tokyo District Prosecutor's Office to go straight to the Bank of Japan building to arrest people, which triggered a worldwide controversy and discussion. Opinions from all sides have emerged, trying to explain the complexity and diversity of this incident and the deep-seated reasons behind it.
There are some views that the U.S. move is an intervention in Japan's monetary policy, aimed at maintaining the depreciation of the yen in order to boost U.S. exports and improve competitiveness. This intervention has been accused of being immoral and violating international ** rules, not only undermining Japan's monetary sovereignty, but also potentially triggering instability in global financial markets.
On the other hand, there are those who believe that the United States is acting in a legitimate way to protect its own interests. They noted that there is a complex economic relationship between the United States and Japan, and that Japan's monetary policy has a significant impact on global financial markets. Therefore, it is incumbent upon the United States to take the necessary measures to safeguard its own economic interests and global financial stability.
Of course, in Japan, this incident has also caused a huge sensation and controversy. Some support the BOJ's decision to maintain its ultra-loose monetary policy, arguing that it would help boost the Japanese economy, reduce inflation, and boost exports. Others, however, were outraged by the U.S. intervention, which they saw as a violation of Japan's sovereignty and demanded a tough response. However, is Japan hard up?Under the repeated repairs of the Yankees, Fumio Kishida** has already broken his backbone by the Yankees.
In addition, the issues involved in international arbitrage players have also sparked extensive discussions. Some fear that Japan's interest rate hike will trigger a chain reaction that will affect the stability and sustainability of global financial markets. However, there are also concerns about the behavior of international arbitrage players, which may lead to volatility and uncertainty in financial markets, and that measures need to be taken to regulate and regulate them.
So, how does the U.S. view Japan?This is nothing more than a fake ally, the essence of real colonization!This is the sorrow of Japan as an American colony!Where is Japan's true independence?
Sometimes being an ally of the United States can be more dangerous than being an enemy of the United States!
Former U.S. Secretary of State Henry Kissinger famously said, "It is dangerous to be an adversary of the United States, but it is deadly to be an ally of the United States!"”。This sentence would be most suitable if it were applied to Japan today. Japan's foreign, military, and economic policies have always been guided by the United States, but on some matters it has been in a dilemma on the issue of currying favor with the United States and safeguarding its own interests.
Nippon Steel's proposed acquisition of U.S. Steel has caused a huge amount of money in the United States.
News of Nippon Steel's proposed acquisition of U.S. Steel has caused an uproar since it was revealed in mid-December. Despite the close U.S.-Japan alliance, the $14.9 billion deal still faces setbacks.
Although U.S. Steel will retain its name, workers, and headquarters in Pittsburgh, the bankrupt company, a symbol of American industrialization and national pride, for a foreign company, even ally, to control U.S. Steel is an unacceptable pain for many Americans.
It is reported that the acquisition of U.S. Steel will make Nippon Steel one of the largest companies in the U.S. auto industry, and will also allow the Japanese company to obtain special steel for making electric vehicles in the United States.
And this is simply intolerable in the United States, which is practicing "America First" protectionism.
A few days ago, three Republican senators sent a letter to U.S. Treasury Secretary and Chairman of the Foreign Investment Committee Janet Yellen, warning that Nippon Steel's acquisition of U.S. Steel "will have a terrible impact on the U.S. industrial base" and calling for "** as an excuse to block the deal."
Japan's steel giant Nippon Steel's deal to buy U.S. Steel "appears to warrant serious scrutiny" in the latest statement that Nippon Steel's deal "appears to warrant serious scrutiny," the latest sign of political pressure on the deal.
Nippon Steel announced that it will acquire U.S. Steel for $14.9 billion, creating the world's second-largest steel company. But the proposed acquisition has already raised concerns or outright opposition from Democrats and union leaders.
Biden's economic adviser, Lael Brainard, said in a statement on December 21 that "the acquisition of this iconic U.S. company by a foreign entity seems worthy of serious scrutiny, even if it comes from a close ally, because of its potential impact on the reliability of the *** and ** chains." ”
Brainard noted that the United States "will be prepared to carefully study the results of any such investigation and act in due course."
The United States ** Biden has no choice but to try to strike a balance between the parties. Immediately after the information was revealed, the White House issued a statement expressing concern for American workers and interests in response to the foreseeable ** of some lawmakers and steelworkers. The statement said:"He (Biden) argues that the acquisition of this iconic U.S.-owned business by a foreign entity, even one of a close ally, seems worthy of serious scrutiny"。
The United Steelworkers of America welcomed the announcement. At the urging of U.S. lawmakers, CFIUS is launching an investigation into the deal, which will take about four to five months.
Whatever CFIUS recommends, the final decision is in the hands of CFIUS and will most likely be postponed until after next year. Until then, Biden will use this to express his concern for American workers and satisfy the unions, and on the other hand, he will do some lobbying work to get the Japanese side to make greater concessions.
The attitude of the Japanese side. It is also interesting to note that the Japanese side has made a statement about the increasingly scrutinistic attitude of the United States on the deal.
Japan's new Minister of Economy, Trade and Industry Ken Saito noted at a regular press conference on December 22 that the deal is a commercial matter between the two companies, and that "Nippon Steel only needs to respond appropriately through the necessary procedures, and in any case, Japan-US relations will continue to be maintained." ”
Saito's remarks came after Brainard's request for a review, in which he said he was aware of the "serious scrutiny" attitude of the U.S. side, but declined to comment directly on the U.S. scrutiny of the unofficial deal.
However, Saito stressed that "the U.S.-Japan alliance is stronger than ever, and it is important that the United States and Japan continue to cooperate in the areas of economic growth and economic security in the Indo-Pacific region." "(The Japanese are putting gold on their faces).
The acquisition, which will give rise to the largest steelmaker outside of China and further squeeze China's limited share of the premium special steel market, will also provide Biden with useful leverage to push the deal through regulatory investigations. Therefore, if Washington allows Japan to control this jewel in the crown of American industry, it will be more like a trade-off played by Biden to make up for the losses suffered by Japan in following the US containment strategy against China.
Overall, this series of events shows that although Japan has already become one of the world's top three economies (at one time the world's second largest) after decades of economic development after World War II. But since from top to bottom, many aspects are controlled by the Yankees. The independence of the country is incomplete. This is the sorrow of being colonized by the United States. Of course, the Japanese nationalists are not reconciled, and there are still some national independent forces in the country who want to change this status quo. This is one of the fundamental contradictions between Japan and the United States.
Therefore, when we look at some of Japan's policy trends in the future, we must see the essence behind them from the phenomena. Many decisions in Japan do not have the final decision-making power, they are just puppets under the guidance of the United States. When China deals with Japan, we must not ignore this important factor. We will make full use of Japan's legitimate demand for domestic autonomy to deepen the contradictions between Japan and the United States until they become irreconcilable. It cannot be ruled out that at a critical moment, we can help Japan completely shake off the shackles of the United States and return to the big family of East Asian civilizations. Let Asia become the world of Asians, and oppose all interference by foreign countries. China, as the leader of the East Asian civilization, should be responsible!
I'm a talker and an eternal reformer.