America would not let Japan escape from its clutches

 Japan, famous for stimulating its economy for the last thirty years, will continue to do that. Blaming the USA openly and realistically for its misery is an exercise in futility. A Vassal state has no recourse to blame its Overlord. Failure after failure throwing resources into a black hole did not turn Japan around.

Abenomics was so confidently and widely talked about with its three arrows that were supposed to turn Japan's sickness around. It failed miserably, with Abe even following his three arrows into the dust. At least he does not have to suffer the demonization resulting from his failure. All those monetary resources poured into the effort achieved nothing and only added to Japan's escalating debt.

Kishida-omics or comics tried to move Japan away from its zero-interest rate environment, hoping to save the economy and the Yen. It too failed and not only that, but the Yen fell even lower to a 38 year low against the US$. Selling US$ to buy Yen ought to be able to reverse the trend, that is theoretically. But Japan has to get permission from Janet Yellen to do so. Japan has fallen so low in self-esteem that no one respect Japan anymore.

But what is the surprise after all when Japan's immediate Overlord, the USA, too lost all its respect from the whole world. Trump admitted that the whole world does not respect the USA anymore too. He pointed out in particular Vladamir Putin, Xi Jinping and Kim Jong Un as leaders having little respect for the USA under Joe Biden. That is a massive understatement by referring to the latter three who are tops at their game.

Smaller countries today too have little respect for the USA. Does their intention to join BRICS not an indication of their disregard for the USA, despite all the threats heaped upon them of facing consequences if they follow the de-dollarization move? Malaysia, for example, is no big country joining BRICS and giving its middle finger to the USA. African countries like Egypt, Sudan, Nigeria, Algeria, Senegal, Tunisia and Zimbabwe have expressed intention in joining BRICS as well. They are not big countries but have not been cowed by the USA's threat.

The USA can continue to live with denial in everything that is now falling apart for them. Even the just concluded Presidential debate shows how out of reality they have fallen by still flogging a half-dead horse that had hit the ground in front of the whole world. Yet, they still believe that Joe Biden is suitable for the job. As one news media pointed out, it was excruciating watching Biden 'mumbles, stumbles and crumbles' in front of the whole world. Was the mumbling softly done to prevent those watching from understanding what he was saying? Good tactic but bad effort.

Next few days will see the media conducting open surgery on Biden's car crash performance at the debate. Just watch the fun. 

Anonymous