Look Out - Japan is a Powder Keg

Townhall.com ^ | December 29, 2011 | Mike Shedlock

[Eye of Unk]

Japan needs a very strong and loyal ally against China.
Something Obama doesn’t want.

One must think back, the Clintons and China?

And guess who may be one step from being POTUS soon?

Bill Clinton becomes head of the UN, Hillary is POTUS.

And suddenly the west coast and Hawaii are owned by China.

Japan is not my enemy, if they need help we should work together, just how much aid has been sent Japan authorized by Obama?

[Tax-chick]

LOL! I expect it would be a much tidier scene than the US version, too.

[donmeaker]

They make some first class electronics and cars.

[Attention Surplus Disorder]

You’re right, of course, but kind of the angle I was aiming at...

This whole thing about keeping what I call “value raising” or “value creation” activities onshore could be analyzed by 3 bevys of Harvard economists...one bevy studies the impact on balance of trade. Another studies the impact in terms of worker salaries, as you just suggested, and the third studies the national debt. In six months, you’d have thick reports from them, opining on various things.....

Or, you could bypass all that and with simple, common sense, arrive at a conclusion that if you destroy or dissipate, rather than create value within your borders, you eventually go broke in the form of losing control of the value that you possess. My only point is that it’s on one hand a complex topic, on the other hand, it’s butt simple.

[junta]

Economics is a joke and has been my whole life time, basically down to magic thinking, “assume we have a can opener.” Paul Krugman and easy money Larry Kudlow should be sentenced to the organic farm for wayward ideologues, and on that farm they can be in charge of humanure dispersal.