Prime Minister Koizumi to sell out Japan
In this office we collect information from around the world
and put it all together for your consideration. Coming through Singapore
recently, I picked this article from the International Herald Tribune, 31
July 2001: "Markets Temper Koizumi's Victory -– Prime Minister Junichiro
Koizumi appears to have won a mandate for his prescription of tough love
for the Japanese economy. But even as he celebrated victory Monday in
parliamentary elections, a new round of gloomy statistics demonstrated just how
difficult his job will be...
'The people showed how much hope they have for our
reforms, so we must do our utmost to implement them,' Mr Koizumi said Monday
in a post-election press conference.
It was unclear, however, whether voters' aspirations and
the force of a charismatic leader would be enough to push through a painful
economic reform program that is aimed at pulling Japan out of its decade-long
'Koizumi barks a lot, but I don't think he has the
strength to really change things,' said Masumi Ishikawa, a professor of
politics at Obirin University. 'When bureaucrats and lawmakers beholden to
special interests get together to oppose reform there will be no hope.'..."
The Straits Times, Singapore, 18 July 2001,
headlines: "Tokyo may set up bridge banks -– Japan's government may use 'bridge
banks' to manage failed lenders temporarily, accelerating efforts to clean up
an industry laden with about 150 trillion yen (S$2.2 trillion) of bad loans.
Domestic banks are struggling with the legacy of decade-long
economic slump. And defaults may rise along with jobless and bankruptcy rates as
the four-month-old administration of Prime Minister Junichiro Koizumi enacts
'The "bridge-bank" idea is a government attempt to put
into place an infrastructure to deal with expected failures within the banking
industry,' said ABN Amro Securities Japan banking analyst Hironari Nozaki. 'More
regional banks are likely to go under.'..."
There is no doubt at all that Japan's economy is in a very
bad way, and yet in the International Herald Tribune, 20 July 2001, we
read another article: "Don't Exaggerate Asia's Woes -– by most accounts,
Asian economies are once again in deep trouble. The Economist proclaims
'East Asia falling (again),' a judgement it shares with Time
magazine. Morgan Stanley's chief economist, Stephen Roach, argues that if the
yen falls to 140 to the dollar (from 124 now) it would be 'curtains for
The negative view has the following ingredients:
- A stagnant Japan spells trouble for the rest of Asia...
- A belief that countries have been backtracking on the
- The impact of the problems of Turkey and Argentina on all
Western emphasis on 'structural reform' is often
self-serving as well as ideological..." (emphases added).
The point is that the Asian folk have never ever considered
selling out their assets to overseas people, but now at this time in history,
the world government advocates have seen to it that Japan has gone down the
tubes. They are now being forced to do the unthinkable, and that is to allow
foreigners in to dictate their economies.
Watch with interest the gradual destruction of the Japanese
economy and the introduction of a new world currency, called in the Bible, the
mark of the beast.