This chapter is a partial revision of the chapter I sent out on 2/28/2019.
The following is the continuation of the previous chapter.
Then, the world is also looking at Japan pessimistically.
Michael Schumann, author of 'Confucius and the World' asserts, ' The task of the 21st century is to establish strong industrial power to overcome international competition, but its example is surprisingly Japan.'
Japan's power of tradition is not a veneer like China, which is essential to enter the age.
Adair Turner, the authority of the British economic community, said, 'Aging Japan is a technological innovation and has worked until the age of 70' 'The debt of the country exceeding twice GDP is said to be a hindrance, but if we look at the facts, which Japan can offset it with government assets, also Japan have BOJ Interest it is only 60% of GDP', he takes the same view as Mr. Yoichi Takahashi.
The conclusion is 'Learn from Japan in the 21st century.'
Daniel Moss of Bloomberg says, 'The eyes of the world facing China are targeted to Japan that has cleared the aging and deflation.'
Japan will clear up when the Asahi Shimbun and the Association of Corporate Executives are gone.
2023/12/23 in Kyoto
