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Japan's Deflationary Destiny Ordained By Demographics And The BOJ
Forbes ^ | 06/17/2013 | Clem Chambers

Posted on 06/17/2013 7:08:41 PM PDT by TexGrill

Last week saw the likely death of Abenomics. It is not a foregone conclusion but Prime Minister Shinzo Abe will need to come out fighting in a very un-Japanese way to save his program of national regeneration. In a few short weeks he has gone from hero to zero.

Most likely, Abe will soon be the umpteenth one-year Japanese leader in a line of political failure. Japanese politics is in hopeless gridlock because no politician is able to break the gentle but profound decline. The situation is very real. Within two generations the Japanese population will collapse from 120 million to 60 million, underpinned and accelerated by the deflationary policies of the Bank of Japan.

Japan would like to think of itself as a democracy, but it isn’t. There are plenty of false democracies, such as Iran where the dictator Khamenei rules the country. In Japan the dictator is not a religious zealot but a financial one, the BOJ.

The Japanese Central Bank controls the long-term monetary policy of Japan and thereby the national checkbook. It wields power it as it see fit, which is starkly against the wishes of the Diet, Japan’s parliament.

The BOJ policy is long term and based on population collapse whilst, as always, democracy looks towards growth. Democracy and central banking are at loggerheads but the BOJ controls the money and therefore trumps the people.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Foreign Affairs; Japan; News/Current Events
KEYWORDS: japaneconomy
Global business tip
1 posted on 06/17/2013 7:08:41 PM PDT by TexGrill
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To: TexGrill

They can always import 100 million foreigners to help the economy and to erase Japan and the Japanese people from history forever.


2 posted on 06/17/2013 7:26:56 PM PDT by ansel12 (Social liberalism/libertarianism, empowers, creates and imports, and breeds, economic liberals.)
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To: ansel12

I’m sure that is what the Japanese are being pressured to do by the Global Elite. They have resisted so far. They are probably smart enough to recognize that they would rather suffer some economic decline than lose their country.


3 posted on 06/17/2013 7:55:23 PM PDT by rbg81
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To: ansel12

Japan was courting the Japanese Diaspora in Brazil and Peru a decade ago to bolster their population. A few hundred thousand people of the same ethnicity would help bolster things, but the Diaspora, from articles I read, faced discrimination for accents, food preferences and interracial children.


4 posted on 06/17/2013 8:04:08 PM PDT by tbw2
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To: ansel12

Japan daily run stories about how their country is already overrun with Gaijin and Chinese which amount to less than 1% of the population. When I was over there a few years ago and would tell people there what was going on in America they couldn’t comprehend. Again when I was in Israel a few years back they also couldn’t understand when I gave them a breakdown of the numbers of illegals and people crossing our borders and laws not enforced.
The magnitude is too staggering and along with the obvious consequences. It also puts a damper on an America that people like to believe is a nation of laws with some fight in it for it’s people and culture. Seriously, people in Japan and Israel and in parts of Eastern Europe I explained our problems to in these areas could not comprehend - thought the numbers had to be way off.


5 posted on 06/17/2013 8:21:29 PM PDT by Sheapdog (Chew the meat, spit out the bones)
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