Any dumping of USA Treasuries by Japan will set off a chain reaction. Unsurprisingly, the UK's holding of USA Treasuries is more than US$950 billion, almost a quarter of the UK's GDP. Any collapse of the USA Treasury Ponzi Pyramid is going to send the UK to the stone age. What are friends for you would ask? In the context of the USA, friends are for screwing when the shit hits the fan. Enemies are enemies and do not have to bear the consequences.
Anonymous
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I was surprised to know from watching videos made by ordinary Japanese salarymen that the majority of them working in office and factories earned less than US$2000 per month, including overtime. This is not a country that was at one time at the top of the food chain.
Japanese in the past were saying that Japan is a rich country of poor people. Cost of living in Japan is not low, but salary increase over the last three decades were almost stagnant. I admire them for trying to cut their clothes in the face of a diminishing piece of cloth.
Are Japanese really hardworking people? The world thought so, but the Japanese are saying that the hardworking attitude of Japanese is just a facade. They are realistically slow workers, just to make sure they do not leave office before the boss or superior and earning some overtime. The seniority promotion mentality at the expense of ability has made many younger Japanese workers indignant even though they are more qualified. Secondly, job hopping is seen as a stain if they try to find better jobs and some have been forced to endure jobs and superiors for most of their working life. It was misery for them.
Karma is visiting the Japanese. Karma is not always immediate but will ripen when the time comes. Buddhists believe Karma runs through three lifetimes. Which is why some doing evil today still enjoy good life, but such evil is carried into the next life to be repaid.
Which explains why some are born into extreme poverty and some with silver spoons in their mouth. Why is that so? No one is born equal, which is a mirage.
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