Socio-Economics History Blog

Socio-Economics & History Commentary

For The First Time Ever, Bank Of Japan Total Assets Surpass Japan’s GDP

Kuroda: “I now own Japan with money created out of thin air!”

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November 14, 2018 Posted by | Economics | , | Leave a comment

“Flashpoint For War”: U.S. And Japan Plan Military Response To Chinese Incursions Of Disputed Islands

  • “Flashpoint For War”: U.S. And Japan Plan Military Response To Chinese Incursions Of Disputed Islands
    by Tyler Durden, https://www.zerohedge.com/
    Things are again rapidly heating up in the East China Sea amidst already heightened tensions in a region where Washington is increasingly asserting the right of navigation in international waters against broad Chinese claims and seeking to defend the territorial possessions of its allies.

    According to a bombshell new Reuters report the tiny and rocky Senkaku Islands which lie between northern Taiwan and the Japanese home islands are “rapidly turning into a flashpoint for war”. Alarmingly, Japanese government sources have been quoted as saying Tokyo and the United States are drawing up an operations plan for an allied military response to Chinese threats to the disputed Senkaku Islands

    From nearly the start of his entering the White House, President Trump has said he’s committed to upholding Article 5 of the US-Japan security treaty signed the post-war years of the mid-20th century: “We are committed to the security of Japan and all areas under its administrative control and to further strengthening our very crucial alliance,” Trump had promised from the first official reception of Japanese Prime Minister Shinzo Abe back in February 2017, and since consistently maintained. 

    read more.

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November 8, 2018 Posted by | GeoPolitics | , , , , | Leave a comment

US, Japan Plan Armed Response to “Chinese Threat” to Disputed Islands – Reports

Japan’s Maritime Self-Defense Force (MSDF) escort ship Kurama (L) takes part in a fleet review off Sagami Bay, Kanagawa prefecture.

  • The western Illuminati is still pushing their Satanic WW3 plan.
  • US, Japan Plan Armed Response to “Chinese Threat” to Disputed Islands – Reports
    by https://sputniknews.com/
    Japan and the United States are currently holding the biggest joint drills in Japanese history, Keen Sword, having reportedly mobilized about 57,000 marines, sailors, and airmen.

    The United States and Japan plan to devise an operations plan for a joint response by their armed forces to potential Chinese threats to the disputed Senkaku Islands (known as Diaoyu in China), The Japan Times reported, citing unnamed government sources.

    The two nations are reportedly engaged in discussions on how to respond in emergency scenarios around the group of uninhabited islands, claimed both by Japan and China, in the East China Sea. According to insiders, Tokyo and Washington seek to finish work on the plan by next March.

    While Washington has not taken a position on the ultimate sovereignty of the contested islands, President Donald Trump told Japanese Prime Minister Shinzo Abe last year that the US was committed to defending Tokyo under Article 5 of the two nations’ security treaty, adding that it also covered the Senkaku Islands.

    The Japan Times 
    reported that by crafting a plan to handle a potential armed conflict with China, Tokyo hopes that Washington will determine its position on the sovereignty issue.


    The sources told the media outlet that the plan suggested deploying Japan’s Self-Defense Forces in the event of such an emergency as armed Chinese fishermen landing on the islands – after the police are incapable of providing an adequate response.

    read more.

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November 5, 2018 Posted by | GeoPolitics | , , , , | Leave a comment

Dollar Demise? China & Japan Ink Bilateral Currency Swap Deal Worth Up To $30bn

  • Dollar Demise? China & Japan Ink Bilateral Currency Swap Deal Worth Up To $30bn
    by https://www.rt.com/
    Beijing and Tokyo sealed a multi-billion dollar currency swap arrangement on Friday, aimed at enhancing financial stability and spurring business activity in both countries.

    According to the Bank of Japan (BOJ), the arrangement which will last until October 25, 2021, will allow the exchange of local currencies between the two central banks for up to 200 billion yuan or 3.4 trillion yen ($30 billion).

    The agreement was sealed during Japanese Prime Minister Shinzo Abe’s visit to Beijing for the first formal Sino-Japanese summit in seven years. The meeting comes as Asia’s two biggest economies look to strengthen relations against a backdrop of trade friction with the United States.

    The two main holders of the US Treasury securities, China and Japan have trimmed their ownership of notes and bonds in August.

    “With the strengthening of economic and financial linkages between Japan and China, Japanese financial institutions have been expanding their renminbi-based businesses,”
     said the BOJ.


    It added that would be prepared to provide liquidity in the yuan currency, should Japanese financial institutions face unexpected difficulties in yuan settlements, and if the bank judges the liquidity provision to be necessary for ensuring the stability of Japan’s financial system.

    China has been actively seeking to boost the use of its currency in mutual trade settlements with partners, bypassing the US dollar. The idea of moving away from the dollar in global trade has become a trend lately among countries like Russia, China, Japan, Iran, Turkey, Venezuela, and others.

    Russian President Vladimir Putin has recently supported weaning the country’s financial sector off the greenback, saying the dollar monopoly was unsafe and dangerous for the global economy.

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October 27, 2018 Posted by | Economics | , , , , , , , | Leave a comment

Dollar Monopoly Slips as China & Japan Dump US Treasuries

  • Dollar Monopoly Slips as China & Japan Dump US Treasuries
    by https://www.rt.com/
    China and Japan – the two main holders of the US Treasury securities – have trimmed their ownership of notes and bonds in August, according to the latest figures from the US Treasury Department, released on Tuesday.

    China’s holdings of US sovereign debt dropped to $1.165 trillion in August, from $1.171 trillion in July, marking the third consecutive month of declines as the world’s second-largest economy bolsters its national currency amid trade tensions with the US. China remains the biggest foreign holder of US Treasuries, followed by long-time US ally Japan.

    Tokyo cut its holdings of US securities to $1.029 trillion in August, the lowest since October 2011. In July, Japan’s holdings were at $1.035 trillion. According to the latest figures from the country’s Ministry of Finance, Japanese investors opted to buy British debt in August, selling US and German bonds. Japan reportedly liquidated a net $5.6 billion worth of debt.

    Liquidating US Treasuries, one of the world’s most actively-traded financial assets, has recently become a trend among major holders. Russia dumped 84 percent of its holdings this year, with its remaining holdings as of June totaling just $14.9 billion. With relations between Moscow and Washington at their lowest point in decades, the Central Bank of Russia explained the decision was based on financial, economic and geopolitical risks.

    Turkey and India have followed suit. Like Russia, Turkey has dropped out of the top-30 list of holders of American debt following a conflict with Washington over the attempted military coup in the country two years ago. While India remains among the top-30, the country has cut its US Treasury holdings for the fifth consecutive month, from $157 billion in March to $140 billion in August.

    Earlier this week, Goldman Sachs said that US policy of sanctions and tariffs against major economies, including Russia, China and Iran, dragged down the dollar’s share of global central-bank reserves. Meanwhile, the data from the International Monetary Fund confirms that the US dollar’s share in the global central-bank reserves dropped to 62.3 percent from April to June, while holdings in the euro, yen and yuan gained as a share of allocated reserves.

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October 18, 2018 Posted by | Economics | , , , , , , , | Leave a comment

Chinese Air Force Holds Live-Fire War Drill In South China Sea Days After US Exercise

  • Chinese Air Force Holds Live-Fire War Drill In South China Sea Days After US Exercise
    by Tyler Durden, https://www.zerohedge.com/
    China Central Television, as per the Twitter account of the official People’s Daily newspaper, reported Saturday that the Chinese military deployed fighter jets and bombers to conduct live-fire war drills in the disputed South China Sea, just days after the Japan Air Self-Defense Force and nuclear-capable US B-52 strategic bombers held exercises over the East China Sea and the Sea of Japan on September 27.

    The report said dozens of jet fighters from the People’s Liberation Army Naval Air Force from the Southern Theater Command on early Saturday conducted “live-fire drills to tests pilots’ assault, penetration and precision-strike capabilities at sea,” said The Japan Times.

    Beijing on Thursday blasted the US and Japan exercise over the East China Sea, calling them a “provocation.”

    “China’s principle and standpoint on the South China Sea are always clear,”
     Defense Ministry spokesman Ren Guoqiang said, according to Chinese state-run media. “China firmly opposes U.S. military aircraft’s provocation in the South China Sea, and will take all necessary measures.”

    read more.

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October 1, 2018 Posted by | GeoPolitics | , , , , | 1 Comment

Anti-Vaccine Japan Has World’s Lowest Child Death Rate & Highest Life Expectancy

  • Anti-Vaccine Japan Has World’s Lowest Child Death Rate & Highest Life Expectancy
    by AMANDA-MARY, https://healingoracle.ch/
    Fact: Japan has the lowest infant mortality rate following ban on mandatory vaccinations, they urge other countries to follow this firm stance

    The citizens of Japan are statistically proven to be the healthiest and longest-living people in the world. The country also has the lowest infant mortality rate on the planet. It may come as no surprise to many that the Japanese Government banned a number of vaccines that are currently mandatory in the United States and has strict regulations in place for other Big Pharma drugs and vaccines in general. Japan’s anti-vax policies have long been criticised by vaccine pushers in the US who claim that vaccinating the public “promotes health.”

    However
    , Japanese people live longer, healthier lives than Americans, with babies born in the US twice as likely to die in infancy than those born in Japan. It’s clear to see that Western nations have a lot to learn from the Japanese when it comes to their approach to vaccinations and issues facing public health. The Japanese are vaccine sceptics, to put it simply, and due to adverse reactions suffered by Japanese children, have banned many vaccines.


    The Japanese are well educated on the dangers of over-vaccinating their children and oppose the use of multi-shot vaccinations such as the MMR vaccine. Following a record number of children developing adverse reactions, including meningitis, loss of limbs, and even sudden death, the Japanese government banned the measles, mumps, and rubella (MMR) vaccine from its vaccination program, despite facing serious opposition from Big Pharma.

    Despite the fact that it has been blamed in vaccine courts for causing autism, vaccine supporters still deny the correlation between the MMR vaccination and skyrocketing rates of autism spectrum disorder, which now affects at least one in 45 children, with even higher rates of diagnosis among boys. However, the vaccine carries other serious risks in addition to the autism links, which has led to an outright ban of MMR jab in Japan.

    The MMR Vaccine’s Tragic History in Japan
    The MMR vaccine was introduced in Japan in April 1989, and parents who refused the compulsory vaccine were fined. After three months of analysis, officials realised that one in 900 children developed adverse reactions to the vaccine, a rate that was 2,000 times higher than the expected rate. Officials had hoped to resolve the problem by switching to another version of the vaccine, but the excessive amount of adverse reactions persisted, with one in 1,755 children affected.


    read more.
http://www.japantimes.co.jp/news/2013/06/15/national/cervix-vaccine-issues-trigger-health-notice/#.U3MHgtL2N2G

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http://www.thehealthyhomeeconomist.com/gardasil-shocker-japan-withdraws-support-for-hpv-vaccine/

Click on image for article.

http://www.dailymail.co.uk/health/article-17509/Why-Japan-banned-MMR-vaccine.html

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http://www.japantimes.co.jp/news/2016/03/30/national/victims-government-recommended-cervical-cancer-vaccine-sue-state-drugmakers/#.VwRx4vl97b3

Click on image for article.

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September 19, 2018 Posted by | Medicine & Health | , , , , | Leave a comment

Russia, China, Japan, Turkey, Iran and Iraq Ditch US Dollar In Bilateral Trade

  • DAHBOO777 Published on Sep 3, 2018
    Following Iran and Iraq’s decision to no longer use the US dollar in bilateral trade, RT looks at world leaders who have called for a move away from dependance on the currency. Iran and Iraq are the latest in a growing list of nations to distance themselves from the dollar, instead opting to use the euro and their own local currencies for transactions. China and Japan, and China and Russia have also switched to using their own currencies when trading together. Most international trade is done in dollars and more than 60 percent of foreign currency reserves are in dollars. Despite this, world leaders have spoken out about the dangers posed by the dollar’s dominance. Learn More:

    https://www.rt.com/news/437527-us-dol…

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September 5, 2018 Posted by | Economics | , , , , , , , , , , | Comments Off on Russia, China, Japan, Turkey, Iran and Iraq Ditch US Dollar In Bilateral Trade

Trump Told Japan’s Abe He ‘Remembers Pearl Harbor,’ Washington Post Says. Didn’t Happen, Tokyo Says

  • Trump Told Japan’s Abe He ‘Remembers Pearl Harbor,’ Washington Post Says. Didn’t Happen, Tokyo Says
    by https://www.rt.com/
    Japan denies that US President Donald Trump launched a surprise attack against Prime Minister Shinzo Abe by bringing up Pearl Harbor during trade talks, contrary to a report by the Washington Post.

    The episode described by the Washington Post allegedly happened during a Trump-Abe meeting in June to discuss trade. Trump is not happy with the trade deficit and wants Tokyo to consent to a deal more favorable to the US.

    According to the newspaper, at one point during the meeting, the US president said: “I remember Pearl Harbor.” He then launched into a “blistering critique of Japan’s economic policies.” The piece is mostly based on the words of a number of anonymous sources in the US State Department, the White House, and the Japanese government. It details the personal relations between Trump and Abe, whether or not their personal chemistry mitigated the tensions over trade, and whether Japan would be less willing to turn a blind eye to American trade restrictions in the future.

    The juicy detail about the remark on the surprise Japanese attack during World War II understandably received a lot of attention in the US. Some Trump critics felt yet again justified in their opinion that the president is an incompetent diplomat, or worse.

    The accuracy of the account about the Pearl Harbor tirade is, however, questionable. A spokesman for the Japanese government on Wednesday said Trump didn’t say it. “There is no truth” to it, Yoshihide Suga told the media, as cited by Kyodo News.

    read more.

https://twitter.com/kyodo_english/status/1034680699217793024

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August 31, 2018 Posted by | GeoPolitics, Social Trends | , , , , , , | 1 Comment

Russia is Aware of US & Western Military Plans – Russian FM

http://www.biblegateway.com/passage/?search=Revelation+6%3A2&version=NKJV

  • Russia is Aware of US & Western Military Plans – Russian FM
    by https://www.rt.com/
    Moscow knows what military actions Washington and its Western allies might be plotting against it, but the country is well protected, Russian Foreign Minister Sergey Lavrov said.

    “Our awareness of what plans the US and other Western countries’ militaries are nursing in relation to the Russian Federation is guaranteed,”
     Lavrov told the participants of the Russian youth educational forum “Territory of Meanings”, held some 200km from Moscow in Vladimir Region.


    The US has been actively deploying its air-defense systems around the globe, including on Russia’s doorstep, in the Baltic states, and Japan. But the top diplomat said the country shouldn’t worry “no matter what happens in the world,” as its security is ensured. He was citing Russian President Vladimir Putin and new developments in the Russian Army.

    Tokyo is planning to spend some $4.2 billion over the next 30 years to install and operate US radar systems on the new ground-based Aegis Ashore missile defense system.

    Despite Japanese claims the systems are aimed at protection against North Korean missile threats, Russia has repeatedly protested their deployment, calling it “disproportionate” and possibly undermining“strategic stability in the northern part of the Pacific.” In 2017, Deputy Foreign Minister Sergey Ryabkov said that the systems’ appearance on Russia’s eastern borders is “something we certainly cannot fail to take into account in our military planning.”

    Lavrov also addressed Washington’s seeming unwillingness to cooperate with the rest of the world in space exploration. They are apparently benefiting from the absence of laws there, while also unwilling to set them. While Europe and developing countries are ready to discuss the draft treaty to ban space weapons which was initiated by Russia and China, the US is the only country rejecting the proposal.

    The US has already started looking at space militarization. In June, US President Donald Trump ordered the establishment of a Space Force as the sixth branch of the US military, saying that “American dominance in space” should begin. Last week, the US House of Representatives approved the $716 billion National Defense Authorization Act (NDAA) for next year which, among other provisions, requires the Pentagon to develop a “space warfighting policy” by the end of March 2019.
http://www.newsweek.com/us-sends-first-air-defense-artillery-brigade-europe-cold-war-870601

Click on image for article.

https://sputniknews.com/military/201702101050526722-us-army-supplements-nato-europe/

Deployment for WW3. Click on image for article.

https://www.thelocal.de/20170106/us-tank-brigade-arrives-in-north-germany-for-eastern-deployment

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https://dninews.com/article/us-sends-3600-tanks-against-russia-massive-nato-deployment-underway?_utl

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https://www.rt.com/news/370575-us-tanks-holland-nato-russia/

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http://www.express.co.uk/news/world/751322/Vladimir-Putin-Russia-tanks-war-conflict-Nato-Donald-Trump-Barack-Obama

Click on image for article.

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July 31, 2018 Posted by | GeoPolitics | , , , , , , , , , , , | Comments Off on Russia is Aware of US & Western Military Plans – Russian FM

Japan: Survival of International Trading System at Risk — Over 40 Countries Object at WTO to U.S. Car Tariff Plan, Fearing Collapse of Rules-Based Trading System

  • Trump is definitely wrecking the New World Order system. It also means that America is becoming a rogue state. The Illuminati definitely cannot build a Luciferian World Government for their Man of Sin with the policies of the Trump administration.
  • Over 40 Countries Object at WTO to U.S. Car Tariff Plan, Fearing Collapse of Rules-Based Trading System
    by REUTERS, https://www.japantimes.co.jp/news/
    GENEVA – Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization on Tuesday about possible U.S. measures imposing additional duties on imported autos and parts.

    Japan, which along with Russia had initiated the discussion at the WTO Council for Trade in Goods, warned that such measures could trigger a spiral of countermeasures and result in the collapse of the rules-based multilateral trading system, an official who attended the meeting said.

    Over 40 WTO members, including the 28 countries of the European Union — warned that the U.S. action could seriously disrupt the world market and threaten the WTO system, given the importance of cars to world trade.

    The United States has imposed tariffs on steel and aluminum imports from many of its key allies and is conducting another national security study that could lead to tariffs on imports of cars and car parts. Both sets of tariffs would be based on concerns about U.S. national security. U.S. President Donald Trump said June 29 that the probe would be completed in three to four weeks.

    But the European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to countermeasures by its trading partners on $294 billion of U.S. exports.

    read more.

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July 5, 2018 Posted by | Economics, GeoPolitics | , , , , , , | Comments Off on Japan: Survival of International Trading System at Risk — Over 40 Countries Object at WTO to U.S. Car Tariff Plan, Fearing Collapse of Rules-Based Trading System

It’s Time to Reform Global Trade Rules, Says France’s Macron

  • It’s Time to Reform Global Trade Rules, Says France’s Macron
    by Reuters, via https://www.nytimes.com/
    PARIS — French President Emmanuel Macron on Wednesday said it was time for the world’s biggest economic powers to start talks on reshaping World Trade Organization rules to prevent current tensions spiralling into trade wars.

    Macron’s comments before the Paris-based Organization for Economic Cooperation and Development (OECD) came as the European Union faced less than 48 hours to win an exemption from U.S. tariffs on European aluminium and steel.

    “This is about a complete update of global competition rules,” Macron said, advocating multilateralism at a time when the risk of tit-for-tat trade measures threatens to derail global growth.

    The French leader wants the EU, United States, China and Japan to draw up a blueprint for WTO reform in time for the next G-20 meeting in Argentina at the end of the year.

    “The new rules must meet the current challenges of world trade: massive state subsidies creating distortions of global markets, intellectual property, social rights and climate protection,” Macron added. Macron said, however, that Europe should show no weakness in the face of unilateral action. “All sides always lose in a trade war,” he said.

    read more.

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June 1, 2018 Posted by | Economics | , , , , , , | Comments Off on It’s Time to Reform Global Trade Rules, Says France’s Macron

The GOLD ILLUSION: False Stability, USA, Canada, Japan, Crash & Reset. Q&A with Lynette and Eric

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May 30, 2018 Posted by | Economics | , , , , , , , , , , , | Comments Off on The GOLD ILLUSION: False Stability, USA, Canada, Japan, Crash & Reset. Q&A with Lynette and Eric

ECB Is Now Preparing All Banks For The Economic Collapse?

  • X22Report Published on Apr 19, 2018
    The house of lords or pushing to overturn the BREXIT, the central bankers will not allow the BREXIT to happen and they will used everything they have to stop it. The Canadians just broke the old record for borrowing against their homes. This is happening as home prices are declining. Real estate market is headed for a disaster. Trump and Abe agree on trade. The ECB moves to protect all banks against the economic collapse.

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April 21, 2018 Posted by | Economics | , , , , , , , , , , , , , , | Comments Off on ECB Is Now Preparing All Banks For The Economic Collapse?

“They Killed The Market” – Not A Single Japanese Bond Traded On Tuesday

Kuroda: “I now own Japan with money created out of thin air!”

  • “They Killed The Market” – Not A Single Japanese Bond Traded On Tuesday
    by Tyler Durden, https://www.zerohedge.com/
    Bank of Japan Governor Kuroda appeared to somewhat proudly proclaim last night during his address to government that the BoJ has bought 75% of JGBs issued in fiscal-year 2017 so far! (and yet we are reassured that this is not debt monetization… not all).

    “Yields in Japan are stable” Kuroda added… One glimpse at the chart below and its clear how ‘stable’ the Japanese bond market has become – reminding us somewhat of Monty Python’s Dead Parrot sketch. As one veteran bond trader exclaimed, “they killed the biggest bond market in the world.”

    This is “the result of YCC [Yield Curve Control] policy” he bragged, before admitting that it “would be hard to continue YCC if trust in debt was lost,”but Kuroda reminded his audience that “because BoJ has seigniorage, trust in yen won’t be lost.”

    But is that trust starting to fade?
    As Bloomberg notes, The Bank of Japan has vacuumed up so much of the government bond market — in excess of 40% — that it’s left fewer securities for others to buy and sell. Some other buyers, such as pension funds and life insurers, also tend to follow buy-and-hold strategies.

    read more.

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March 15, 2018 Posted by | Economics | , , , | Comments Off on “They Killed The Market” – Not A Single Japanese Bond Traded On Tuesday