Will increased defense spending enable Japan to create innovations never seen before? - Amendment to Article ９ of the Constitution, revival of the military industry, and technological development.
2022-11-11
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What we aim for after the constitutional amendment
Japan should revise Article ９ of its constitution and revive its military industry. As I recall, Congressman Takaichi was the first member of the Diet to speak clearly about this issue. Amendments to Article ９ of the Constitution will expand Japan's military power and increase its defense capabilities, which will greatly reduce the risk of war. My personal opinion from the beginning has been that simply reducing the risk is a failure, and that technological innovation will be born by developing various military technologies in the name of military budgets.
Japan becomes a military power
If that happens, there will be countries and people who ridicule Japan's efforts to become a military power and try to get in the way, but it would be better to say clearly, ``Japan will become a military power.'' No engineer is aiming for second or third place in the technological development competition. When it comes to Japanese technology, it is normal to aim for the top in the world. Too many people think that if they developed a weapon, they would be murderers.
The history of weapon development is a history of technological innovation
What exactly are the bronze tools used for thousands of years BC? It is a weapon and a vessel. What is iron? This is also used as a weapon, agricultural tool, and various decorations. These processing techniques were developed to defeat the enemy in war. Countries that acquired these processing techniques gained supremacy over their regions and acquired cultures such as bronzeware and iron-related crafts.
What exactly is an aircraft? Don't stop thinking just because the Wright Brothers achieved their dream of flying. The development of airplanes progressed with the investment of national funds for use in the war, making them faster, safer, lighter, and larger, and they were put into practical use during World War I. What exactly are passenger planes commonly used today? Grumman and Boeing are in the military industry.
Hitler was passionate about automobile development and invested a large amount of state funds. At that time, automobiles were the pinnacle of industrial technology, and were connected to the drive and performance of military vehicles and tanks. Winning in automobile races increased national prestige. Why are BMW, Mercedes-Benz, Audi, and Volks still so strong?During this era, Germany won the technological competition.
What are nuclear weapons? A bomb that uses the enormous energy released during nuclear fission. So what is a nuclear power plant? The electricity for the PC I am currently using is also generated by nuclear power.
Is the country that developed the coronavirus vaccine a medical technology powerhouse? Completely different. These are countries that conduct military research into bacterial and viral weapons.
A world of innovation that cannot be imagined in everyday life
The technology to defeat the enemy in war is a technological innovation for survival that assumes the extraordinary, and has no taboos. Human history has proven that this is a field where innovations and paradigm shifts that cannot occur in everyday life can occur in the sense of achieving a goal using various methods. In other words, Japan should seriously aim to become a military power. This is because, at the same time, unimaginable technological innovations that can be used for peaceful purposes will be born.
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National debt is not the people's debt - The country is not a company - Breakdown of government bond holdings that still do not penetrate public opinion.
The image at the beginning shows the breakdown of Japanese government bond holdings. I sometimes see people say that national debt is the nation's debt or that it is the same as corporate debt, but national debt is the government's debt, not the people's debt. Even if a country is compared to a company, companies do not borrow money from their employees. Debt comes from outside the company, and in this case, it involves purchasing Japanese government bonds from overseas. If most of the debt is overseas, it is natural that the company will default if it cannot be repaid. Purchases of Japanese government bonds from overseas account for 7.3%.
If you really want to say that it is the same as a company, would you say that purchases in Japan are borrowed and borrowed within the company or within the group company? Yoichi Takahashi considers the Bank of Japan to be the same as a subsidiary of the government, and explains that it is the same in terms of consolidation, regardless of whether interest is charged. The Bank of Japan holds 53.2% of Japanese government bonds. He is well known for introducing BS to show that the country holds government assets equivalent to the government's debts (excluding the holdings of the Bank of Japan). The total amount of government assets ranks first in the world, exceeding both the United States and China. Below is the balance sheet (BS) of Japan.
Furthermore, Japanese government bonds are mainly traded in yen, which means that there is no change in value based on foreign currencies. In the case of foreign currency transactions, if the value of your home currency plummets, the face value of your debt will rise accordingly. Suppose your country's currency drops to half its value. Alternatively, if the foreign currency used when trading government bonds doubles, the debt will also double, but since the transaction is in Japanese yen, there will be no effect at all. In an extreme case, former Prime Minister Aso said that repayment would be possible by increasing the number of yen bids. In this case, there will be inflation and the value of the yen will fall, but the theory is that the debt can be repaid because it is the face value of the yen. This was actually said by Taro Aso, a former Prime Minister and former Minister of Finance.
Secondly, the Japanese government is also the world's No. 1 creditor country. In other words, they have foreign bonds and foreign assets. The fact that we are currently talking about national debt as a problem is actually making a fuss about only the debt part, and in fact, Japan has the most foreign assets in the world. This assumes that the government bonds are denominated in yen as mentioned earlier, and if more yen is printed, the value of the yen will fall and the yen will become weaker. If you do this, overseas assets purchased in dollars or euros will increase in value when converted to yen, so the difference will be a large income. Even with the current depreciation of the yen, a large profit margin was generated due to the increase in the valuation of overseas assets.
Representative Sanae Takaichi has advocated the ``Japanese Economic Resilience Plan,'' which calls for a temporary freeze on primary balance (PB) regulations and calls for industrial investment through the issuance of government bonds. She says that even if inflation were caused by printing more yen, it would not have a big impact if the inflation rate was less than 2%. Currently, the yen is depreciating due to the difference in interest rates due to the Fed's interest rate hikes, but the original goal is to induce a depreciation of the yen through the issuance of government bonds and increase the number of bonds, strengthen international competitiveness, and increase wages and tax revenues through rising prices. If the manufacturing industry returns to Japan due to the weak yen, GDP and tax revenue will increase, and government debt can be reduced. For now, this is just the effect of a weaker yen due to interest rate differences, but we are already seeing significant results.
In other words, those who claim that government debt is bad have the completely opposite idea. What ruined Japan after the bursting of the bubble was rather the primary balance discipline, the inability to focus on single-year income and expenditures and to make long-term investments. Japan tightened its finances in the most critical economic situation. If it is the same as a company, when the company is in crisis, the company's safe is closed like a shell, and for the past 30 years, the company has been operating in a state of poverty and not being able to make long-term investments. This is the so-called curse of PB by the Ministry of Finance.
Rui Matsukawa announces her candidacy for the House of Councilors election | Japan should increase the number of orthodox right - wing female members.
Supporting right-wing female legislators in the House of Councilors election
Women's political participation tends to the left
Japanese politics with few female politicians
Creating a constant will solve the problem
It's not a constant, it's a matter of awareness of participation
We need right-wing female MPs
It was decided that July 10th would be the day for voting in the House of Councilors, and Liberal Democratic Party lawmaker Rui Matsukawa announced her candidacy on Twitter. This is the last day of the Diet session, and she said she will aim to pass a law establishing the Family Agency. She specializes in foreign affairs and is also knowledgeable about national defense, having served as Parliamentary Vice-Minister of Defense. I am not of the opinion that we should increase the number of female councilors, but rather that we should increase the number of orthodox right-wing female councilors like her and Councilor Takaichi.
Recently, when it comes to national defense in particular, there tends to be criticism that men are out of control when it comes to the military, but a female lawmaker's statement that Japan's national defense should be strengthened is a sign that women's public opinion is It also serves as a strong backing.
Good morning! It's finally the last day of the Diet session. We aim to enact the Children and Families Agency Establishment Act. The House of Councilors election is finally here. Thank you very much to everyone for the past 6 years. I would like to continue working with you. I will do my best. pic.twitter.com/Dm9xLsklWi? Rui Matsukawa =Liberal Democratic Party= (@Matsukawa_Rui) June 15, 2022
Up until now, female members of parliament have tended to be left-wing. To be honest, I'm tired of hearing things like ``opposing the amendment of Article 9'', ``getting along with neighboring countries'', and ``helping the weak'', and these statements will never make Japan stronger. In other words, there were many members with strong socialist and communist thinking. Regarding their historical views, they also said the same thing as China and the Korean Peninsula, calling for Japan to apologize to its neighboring countries.
She cried out that women's voices should be heard and spoke in the Diet as a representative of women, but her comments were left-wing, had strong socialist tendencies, and had a self-deprecating view of history. So, What has become of Japan today as a result of her listening to that voice?.
Some people say that there are few women members of the Japanese Diet, but what about the number of candidates? If there are fewer women candidates, it is natural that there will be fewer women elected. It has been pointed out that the percentage of women elected to the House of Representatives in 2021 is 9.7%. Not running for office in the first place means that you have no desire to become a member of the Diet, but calling for more women to become members of Congress is putting the cart before the horse.
Female members of the opposition parties often argue that the number of female members should be set at one-third, etc., but right-wing female members of the Liberal Democratic Party oppose this. Have opposition members ever wondered what would happen to the National Assembly if one-third of the members were incompetent? Of course, there are some excellent female politicians. This is also due to the fact that he himself ran for office and was elected.
In the first place, are there any gender differences in Japanese politics? I feel like this is based on the fact that in the past, women have not taken an interest in politics and have not participated in it.
This is because both men and women have equal rights to run for office and vote, and if we compare the population, there are more women than men. In other words, if all female voters vote for a female candidate, that female candidate will definitely win.
What is needed is a right-wing female lawmaker who can think about Japan's future, including national defense. Up until now, there was an illusion that Japan, protected by the US military, did not need to think about national defense, and on this premise, myths of friendship and equality with neighboring countries had flourished. Left-wing female parliamentarians were born from this soil. What they have done is no more than simply slandering the government and the ruling party.
The environment surrounding Japan is not always beautiful. We need to increase the number of right-wing female members of Congress who face these issues head-on and seriously consider how to deal with them.
constitutional monarchy A country with an imperial or royal family is not a presidential system.This is because it is a constitutional monarchy.The president will be the head of state.Therefore, countries with imperial and royal families adopt a parliamentary cabinet system if they are democratic.Koreans often say that Japan is a democratic backward country because it does not directly elect its leader.I was surprised to hear that even a university professor who is Korean said such a thing.Britain, the birthplace of modern democracy, is also likely to become a backward country.
Know the difference between the Rising Sun Flag and Hakenkreuz - What is the Korean historical perspective that equates them?
In the history of the world, I have never heard of a country changing its flag because it won or lost a war. Britain and France have been at war many times, but did Britain, which won the Anglo-French War, demand that the French flag be changed? On the contrary, there is no idea that such a thing would become a point of contention in post-war processing. South Korea persistently demands that Japan abolish the Rising Sun flag, just as Germany abolished the Hakenkreuz flag.
A national flag symbolizes the country. The disappearance of a national flag means the disappearance of that nation. The Rising Sun Flag is the internationally registered flag of Japan's Maritime Self-Defense Force. Calling for the abolition of that flag is the same as calling for the abolition of the Maritime Self-Defense Force. Is South Korea claiming that it wants to go to war with Japan? If this is not the meaning, then the perception of what a ``flag'' is is too different internationally.
South Korea always equates the Rising Sun flag with the Hakenkreuz, and claims that since the Hakenkreuz, the symbol of Nazi Germany, has been abolished, the Rising Sun flag should also be abolished. Hakenkreuz is the party flag of the Nazi Party (National Socialist German Workers' Party), and there is a history of it being used as the national flag. There is no Nazi party now, so there is no Hakenkreuz. That's simply the story.
Unless Japan disappears, the Japanese flag will not disappear, and unless the Japan Maritime Self-Defense Force disappears, the Rising Sun flag will not disappear. In the first place, the Rising Sun Flag is a flag that has been passed down culturally, so it will not disappear even if it has nothing to do with the Self-Defense Forces. No country will abolish its flag at the request of another country.
There is only one country in the world calling for the abolition of the Rising Sun Flag. That country is not at war with Japan.
TSE market capitalization returns to number one in Asia - Expectations for Japan's competitiveness after withdrawal from Chinese investment?
On the 11th, the total market capitalization of stocks listed on the Tokyo Stock Exchange exceeded that of China's Shanghai Stock Exchange. It seems that the TSE has returned to the top spot in Asia for the first time in about three and a half years. Various things are being talked about, including a move away from investment in China and expectations for Japan's competitiveness to recover. In the first place, the current strange international situation is the result of developed countries investing in dictatorial countries such as China and Russia.
In 1973, the G7 once accounted for 65% of world GDP. That's the GDP of only seven countries. This was seen as a monopoly on the world's wealth, and problems in developing countries were discussed. At that time, the world was also in the era of the Cold War, but the Cold War itself was at least a better era than now. Economic and political exchanges between communist and capitalist countries were closed off and blocked by a barrier called the Iron Curtain. Russia and China are calling for a return to the Cold War era, but is that really the case? One could argue that the Cold War era was the era with the least number of wars in the world.
After the collapse of the Soviet Union, the countries of Eastern Europe collapsed one after another. China also pursued a path of liberation and reform, aiming to become an open nation. After the fall of the Berlin Wall, the world went crazy and thought the era of tension was over, but that was not the case at all. The loss of balance in the world has led to localized conflicts. Issues that were not highlighted during the Cold War era have been exposed as tensions have eased. Various things have been said about this, and while that may be true, I believe that it is essentially a matter of money.
What began with the collapse of the Cold War was global capital, or so-called globalism. Globalists are talked about as a conspiracy theory on social media, but there is no interest in knowing who is behind it. The problem is that the era when business and investment in authoritarian countries began can be thought of as the collapse of the Cold War. Did they simply think that the world would turn to democracy once communism fell? What is clear today is that the country has spent decades cultivating a state in which its domestic market is opened up to the capitalist state as much as possible, and wealth is distributed by a dictator.
The Cold War era was a great time. It was a time when the world was divided based on ideology, and it was a rational and peaceful time. The world should once again create an iron curtain of democratic and non-democratic countries. We no longer need to care how much wealth the G7 makes. Only countries that choose the democratic state form can receive democratic investment. As long as we continue to be a dictatorial nation, we should just live with the economy of dictatorial nations. You should rethink that. However, there will be some remorse for the times when we grew a nation that grew fat and threatened us with weapons.
