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	<title>Quotulatiousness &#187; Japan</title>
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	<link>http://quotulatiousness.ca/blog</link>
	<description>Quotations, comments, and whatever else I&#039;m interested in at the moment.</description>
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		<title>Remembering the heroism and sacrifice of the defenders at Kohima&#8217;s Garrison Hill</title>
		<link>http://quotulatiousness.ca/blog/2012/05/03/remembering-the-heroism-and-sacrifice-of-the-defenders-at-kohimas-garrison-hill/</link>
		<comments>http://quotulatiousness.ca/blog/2012/05/03/remembering-the-heroism-and-sacrifice-of-the-defenders-at-kohimas-garrison-hill/#comments</comments>
		<pubDate>Thu, 03 May 2012 14:53:30 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Britain]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Military]]></category>
		<category><![CDATA[Army]]></category>
		<category><![CDATA[WW2]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=14888</guid>
		<description><![CDATA[A little-known battle had major consequences to the tides of Japanese expansion, and has been called &#8220;India&#8217;s Battle of the Somme&#8220;: Nestled in the vast country&#8217;s north-eastern state of Nagaland, it is a place where two Victoria Crosses were won for outstanding bravery, where a 1,000-strong British and Indian force, outnumbered 10 to one, halted [...]]]></description>
			<content:encoded><![CDATA[<p>A little-known battle had major consequences to the tides of Japanese expansion, and has been called &#8220;<a href="http://india.nydailynews.com/newsarticle/4fa166f6b7445c7443000000/heroes-of-india-s-battle-of-the-somme-honored-by-royal-visit" target="_blank">India&#8217;s Battle of the Somme</a>&#8220;:</p>
<blockquote><p>Nestled in the vast country&#8217;s north-eastern state of Nagaland, it is a place where two Victoria Crosses were won for outstanding bravery, where a 1,000-strong British and Indian force, outnumbered 10 to one, halted the Japanese army&#8217;s relentless march across Asia.</p>
<p>Blood-soaked battles in April 1944 saw the troops of the Royal West Kent Regiment, with their comrades from the Punjab Rifles and other Indian regiments, under siege on the top of Kohima&#8217;s Garrison Hill.</p>
<p>Troops fought hand to hand in torrential rain from rat-infested trenches dug on the then British deputy commissioner&#8217;s clay tennis court.</p>
<p>The two sides were so close that they could lob grenades into each other&#8217;s strongholds barely 50 feet away and, according to chroniclers of the battle, Allied troops sometimes woke in their monsoon mud trenches with Japanese troops sleeping alongside them.</p>
<p>When the siege of the hill was finally relieved some 45 days after it had begun, British officers were appalled at the conditions in which both Japanese and allied forces had fought and compared it to the Battle of the Somme. Some of the Japanese soldiers had died of starvation and disease. By then end, more than 4000 allied soldiers were dead, and 5764 Japanese troops had been killed.</p></blockquote>
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		<title>GAO latest to attempt to shoot down the F-35</title>
		<link>http://quotulatiousness.ca/blog/2012/03/22/gao-latest-to-attempt-to-shoot-down-the-f-35/</link>
		<comments>http://quotulatiousness.ca/blog/2012/03/22/gao-latest-to-attempt-to-shoot-down-the-f-35/#comments</comments>
		<pubDate>Thu, 22 Mar 2012 17:08:31 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Cancon]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Military]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AirForce]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[F-35]]></category>
		<category><![CDATA[Navy]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=14234</guid>
		<description><![CDATA[The situation is looking grimmer for all potential purchasers of the F-35, not just the RCAF: The F-35 Joint Strike Fighter, the supposed backbone of the Pentagon&#8217;s future air arsenal, could need additional years of work and billions of dollars in unplanned fixes, the Air Force and the Government Accountability Office revealed on Tuesday. Congressional [...]]]></description>
			<content:encoded><![CDATA[<p>The situation is <a href="http://gizmodo.com/5895483/pentagon-trillion" target="_blank">looking grimmer</a> for all potential purchasers of the F-35, not just the RCAF:</p>
<blockquote>
<p>The F-35 Joint Strike Fighter, the supposed backbone of the Pentagon&#8217;s future air arsenal, could need additional years of work and billions of dollars in unplanned fixes, the Air Force and the Government Accountability Office revealed on Tuesday. Congressional testimony by Air Force and Navy leaders, plus a new report by the GAO, heaped bad news on a program that was already almost a decade late, hundreds of billions of dollars over its original budget and vexed by mismanagement, safety woes and rigged test results.</p>
<p>At an estimated $1 trillion to develop, purchase and support through 2050, the Lockheed Martin-built F-35 was already the most expensive conventional weapons program ever even before Tuesday&#8217;s bulletins. The Air Force, Navy and Marine Corps are counting on buying as many as 2,500 F-35s to replace almost every tactical jet in their current inventories. More than a dozen foreign countries are lined up to acquire the stealthy, single-engine fighter, as well.</p>
<p>[. . .]</p>
<p>If cuts do occur, the U.S. will be in good company. Australia, Canada and Japan have already begun backing away from the troubled JSF as the new plane has gradually exceeded their budgets. For these countries, alternatives include the Super Hornet and an upgraded F-15 from Boeing, Lockheed&#8217;s new F-16V and the European Typhoon, Rafale and Gripen fighters. But so far the U.S. military prefers the F-35, even if the stealthy jet is more than a decade late, twice as expensive as originally projected and available in fewer numbers. &#8220;We will remain committed to the long-term success of the F-35 program,&#8221; Air Combat Command asserted.</p>
</blockquote>
<p><b>Update, 23 March</b>: The <a href="http://www.gao.gov/products/GAO-12-525T" target="_blank">summary of the GAO report</a> with a link to the PDF version for download.</p>
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		<title>Rob Lyons on the lessons of Fukushima</title>
		<link>http://quotulatiousness.ca/blog/2012/03/09/rob-lyons-on-the-lessons-of-fukushima/</link>
		<comments>http://quotulatiousness.ca/blog/2012/03/09/rob-lyons-on-the-lessons-of-fukushima/#comments</comments>
		<pubDate>Fri, 09 Mar 2012 14:56:07 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Environment]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Earthquake]]></category>
		<category><![CDATA[Nukes]]></category>
		<category><![CDATA[Tsunami]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13994</guid>
		<description><![CDATA[It&#8217;s almost exactly a year since the earthquake and tsunami that devastated Fukushima, and Rob Lyons summarizes the lessons we&#8217;ve learned from that disaster: Sunday marks the first anniversary of the earthquake and tsunami that devastated the east coast of Japan on 11 March 2011. The quake, measuring 9.0 on the Richter scale, was the [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s almost exactly a year since the earthquake and tsunami that devastated Fukushima, and <a href="http://www.spiked-online.com/index.php/site/article/12227/" target="_blank">Rob Lyons</a> summarizes the lessons we&#8217;ve learned from that disaster:</p>
<blockquote>
<p>Sunday marks the first anniversary of the earthquake and tsunami that devastated the east coast of Japan on 11 March 2011. The quake, measuring 9.0 on the Richter scale, was the biggest ever to hit Japan and one of the biggest anywhere in the world in the past century. The resulting tsunami caused roughly 20,000 deaths. Yet, shockingly, the biggest issue about the disaster remains the resulting inundation of a nuclear-power plant at Fukushima, which so far appears to have caused precisely zero deaths from leaking radioactivity.</p>
<p>There are many valuable lessons to be learned from this tragedy. One is the <strong>importance of development</strong>. The earthquake and tsunami that affected the Indian Ocean on Boxing Day 2004 were only marginally larger, yet killed well over 200,000 people. Direct damage from the Japan earthquake was relatively small thanks to high building standards. Warnings allowed many people to escape the unprecedented seawater surge that followed, though video of the wall of water hitting coastal towns is still shocking. Even so, the world’s third largest economy will take a long time to recover fully from what happened. Thankfully, Japan has the resources to do that.</p>
<p>This, however, is not the main lesson being drawn from events a year ago. Around the world, the conclusion many commentators and politicians have drawn is that nuclear power is inherently dangerous and that we need to stop all future nuclear development. This is a perverse conclusion, absolutely flying in the face of the facts. The reaction against nuclear power post-Fukushima reveals much about the navel-gazing, risk-averse worldview that has such a paralysing effect on life in the developed world today.</p>
</blockquote>
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		<title>&#8220;More Americans fall off the roof installing solar panels each year than have ever been kiled by civilian nuclear power in the US&#8221;</title>
		<link>http://quotulatiousness.ca/blog/2012/02/22/more-americans-fall-off-the-roof-installing-solar-panels-each-year-than-have-ever-been-kiled-by-civilian-nuclear-power-in-the-us/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/22/more-americans-fall-off-the-roof-installing-solar-panels-each-year-than-have-ever-been-kiled-by-civilian-nuclear-power-in-the-us/#comments</comments>
		<pubDate>Wed, 22 Feb 2012 13:45:19 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Environment]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Electricity]]></category>
		<category><![CDATA[JunkScience]]></category>
		<category><![CDATA[Nukes]]></category>
		<category><![CDATA[Tsunami]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13671</guid>
		<description><![CDATA[Tim Worstall responds to a Naomi Wolf panic-piece about the evils of nuclear power: Although there is a scientific consensus that no exposure is safe, no matter how brief, No love, there isn’t a scientific consensus that says that there is no safe level of radioactivity. Forget hormesis for a moment and just concentrate on [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://timworstall.com/2012/02/22/naomi-wolf-on-nuclear/" target="_blank">Tim Worstall</a> responds to a Naomi Wolf panic-piece about the evils of nuclear power:</p>
<blockquote>
<ul>
<p><em>Although there is a scientific consensus that no exposure is safe, no matter how brief,</em></p>
</ul>
<p>No love, there isn’t a scientific consensus that says that there is no safe level of radioactivity. Forget hormesis for a moment and just concentrate on the obvious fallacy of the statement. We’re all bombarded with radiation all the time. Everything from cosmic rays through to uranium in the soil to bananas and Brazil nuts. And while we do all fall down dead eventually we’re not all falling down dead from the radiation from these sources.</p>
<p>[. . .]</p>
<p>And then we get the great one:</p>
<ul>
<p><em>Then, Japan was hit by a tsunami, and the cooling systems of the Fukushima nuclear reactor were overwhelmed, giving the world apocalyptic images of toxic floods and floating cars, of whole provinces made uninhabitable.</em></p>
</ul>
<p>Well, yes, the tsunami killed lots of people, indeed. And the failure of the nuclear plant has killed no one. So we’d better abolish tsunamis then, eh?</p>
<p>Finally, what’s wrong with the whole piece, indeed, the basic mode of thinking behind it, is that it is looking only at absolute risk, taking no account whatsoever or relative risk. If we decide that we actually do want to have electricity then we need to look at which system of producing the electricity we desire kills the fewest of us. And in that nuclear wins hands down. More Americans fall off the roof installing solar panels each year than have ever been kiled by civilian nuclear power in the US.</p>
<p>Oh, and coal fired power stations distribute more radiation around the world than nuclear power plants do as well.</p>
</blockquote>
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		<title>Going beyond merely precut lumber for homebuilding</title>
		<link>http://quotulatiousness.ca/blog/2011/12/28/going-beyond-merely-precut-lumber-for-homebuilding/</link>
		<comments>http://quotulatiousness.ca/blog/2011/12/28/going-beyond-merely-precut-lumber-for-homebuilding/#comments</comments>
		<pubDate>Wed, 28 Dec 2011 15:52:48 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Japan]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Earthquake]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Woodworking]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=12793</guid>
		<description><![CDATA[Precut &#8211; Modern Japanese Timber Construction from BAKOKO on Vimeo. H/T to Popular Woodworking for the link.]]></description>
			<content:encoded><![CDATA[<p align="center"><iframe src="http://player.vimeo.com/video/27268083?title=0&amp;byline=0&amp;portrait=0" width="800" height="450" frameborder="0" webkitAllowFullScreen mozallowfullscreen allowFullScreen></iframe>
<p><a href="http://vimeo.com/27268083">Precut &#8211; Modern Japanese Timber Construction</a> from <a href="http://vimeo.com/bakoko">BAKOKO</a> on <a href="http://vimeo.com">Vimeo</a>.</p>
<p>H/T to <a href="http://www.popularwoodworking.com/woodworking-blogs/editors-blog/precut-modern-japanese-timber-construction?et_mid=531638&#038;rid=3298276" target="_blank"><em>Popular Woodworking</em></a> for the link.</p>
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		<title>The plight of Japan&#8217;s &#8220;herbivore men&#8221;</title>
		<link>http://quotulatiousness.ca/blog/2011/12/27/the-plight-of-japans-herbivore-men/</link>
		<comments>http://quotulatiousness.ca/blog/2011/12/27/the-plight-of-japans-herbivore-men/#comments</comments>
		<pubDate>Tue, 27 Dec 2011 15:52:27 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Japan]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Sexuality]]></category>
		<category><![CDATA[Women]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=12783</guid>
		<description><![CDATA[Think you had it tough as a teen? It&#8217;s not a good time to be a teenage boy in Japan: It&#8217;s not easy being a young man in Japan today. Every few months sees the release of a new set of figures, stats and stories trumpeting the same meme: today&#8217;s Japanese men are unmanly &#8212; [...]]]></description>
			<content:encoded><![CDATA[<p>Think you had it tough as a teen? It&#8217;s not a good time to be a <a href="http://www.guardian.co.uk/commentisfree/2011/dec/27/japan-men-sexless-love" target="_blank">teenage boy in Japan</a>:</p>
<blockquote>
<p>It&#8217;s not easy being a young man in Japan today. Every few months sees the release of a new set of figures, stats and stories trumpeting the same meme: today&#8217;s Japanese men are unmanly &mdash; and worse, they don&#8217;t seem bothered by it.</p>
<p>Tagged in the domestic media over the past few years as <em>hikikomori</em> (socially withdrawn boys), <em>soshoku danshi</em> (grass-eating/herbivore men, uninterested in meat, fleshly sex and physical or workplace competition), or just generally feckless, Japan&#8217;s Y-chromosomed youth today elicit shrugs of &#8220;why?&#8221;, followed by heaving sighs of disappointment from their postwar elders and members of the opposite sex. With the country&#8217;s economy stagnant at best, its geopolitical foothold rapidly slipping into the crevice between China and the United States, and its northeast coastline still struggling with the aftermath of disaster and an ongoing nuclear crisis, the reaction to a failure of Japan&#8217;s men to take the reins, even symbolically, has evolved from whispers of curiosity to charges of incompetence.</p>
<p>[. . .]</p>
<p>Why the generational malaise and indifference to sex? Theories abound. The most provocative to me, a Japanese-American and longtime Tokyo resident, is that Japanese women have become stronger socially and economically at the very same time that Japanese men have become more mole-ish and fully absorbed in virtual worlds, satiated by the very technological wizardry their forebears foisted upon them, and even preferring it to reality. &#8220;I don&#8217;t like real women,&#8221; one bloke superciliously sniffed on Japan&#8217;s 2channel, the world&#8217;s largest and most active internet bulletin board site. &#8220;They&#8217;re too picky nowadays. I&#8217;d much rather have a virtual girlfriend.&#8221;</p>
<p>[. . .]</p>
<p>The phrase &#8220;herbivore men&#8221; was coined by a female Japanese journalist in 2006. By 2009, the Japanese male&#8217;s lack of ambition, sexually or otherwise, had become a media meme. With the latest reports in Japan, of men who can&#8217;t get it up for real women who won&#8217;t get married or have kids, the mutual gender-chill phenomenon has become mainstream. It may be the future, but is it really Japanese?</p>
<p>&#8220;Maybe we&#8217;re just advanced human beings,&#8221; says a Japanese friend of mine over dinner this week in Tokyo, who won&#8217;t let me use her real name. She is an attractive, 40-something editor at one of Japan&#8217;s premier fashion magazines, and she is still single. &#8220;Maybe,&#8221; she adds, &#8220;we&#8217;ve learned how to service ourselves.&#8221;</p>
</blockquote>
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		<title>Japan&#8217;s even-worse-than-Greek debt situation</title>
		<link>http://quotulatiousness.ca/blog/2011/12/13/japans-even-worse-than-greek-debt-situation/</link>
		<comments>http://quotulatiousness.ca/blog/2011/12/13/japans-even-worse-than-greek-debt-situation/#comments</comments>
		<pubDate>Tue, 13 Dec 2011 17:13:12 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Aging]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[Investment]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=12563</guid>
		<description><![CDATA[By way of Monty&#8217;s daily DOOOOOOM post, here&#8217;s some disturbing information on Japan&#8217;s eyewatering debt situation: It seems &#8220;debt,&#8221; &#8220;Greece,&#8221; &#8220;crepe,&#8221; or any other words that might relate to the current Euro crisis prompts a flurry of activity on stocks around the world. But if you thought Greece&#8217;s and Italy&#8217;s debts were high, there exists [...]]]></description>
			<content:encoded><![CDATA[<p>By way of Monty&#8217;s daily <a href="http://minx.cc/?post=324643" target="_blank">DOOOOOOM post</a>, here&#8217;s some disturbing information on Japan&#8217;s <a href="http://www.fool.com/investing/general/2011/12/12/which-country-defaults-next.aspx" target="_blank">eyewatering debt situation</a>:</p>
<blockquote>
<p>It seems &#8220;debt,&#8221; &#8220;Greece,&#8221; &#8220;crepe,&#8221; or any other words that might relate to the current Euro crisis prompts a flurry of activity on stocks around the world. But if you thought Greece&#8217;s and Italy&#8217;s debts were high, there exists a country with an even higher debt-to-GDP ratio. Surprisingly, it also has some of the lowest government bond rates in the world. Let&#8217;s take a look at this macro mystery.</p>
<p>Japan&#8217;s 2011 gross public debt as a percentage of GDP is estimated by the IMF at 234%. Compare this to down-but-not-yet-out Greece&#8217;s at 139% and Italy&#8217;s at 119%, and the United States&#8217; at 99%. With those numbers, you may ask how Japan hums along while investors berate Europe for their lack of strict budget controls and U.S. politicians wrestle to cut the deficit.</p>
<p>This is because of one main difference: 95% of Japan&#8217;s debt is Japanese-owned. Compare this to Greece, which owns 29% of its debt. The Japanese have been happy to fund their government at incredibly low bond rates, currently around 1.1% for a 10-year bond. Why don&#8217;t the Japanese invest elsewhere for higher returns? For one, Japan likes to keep its yen in the country. This is due to a natural bias to favor one&#8217;s domestic investments (home bias), the strength of the yen, and domestic institutions&#8217; required participation in bond auctions. Also, it&#8217;s difficult to find domestic positive returns. The Nikkei, since Japan&#8217;s trouble in the early 1990s, has lost about half its value</p>
</blockquote>
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		<title>Reason.TV: How Pearl Harbour made America a global power</title>
		<link>http://quotulatiousness.ca/blog/2011/12/07/reason-tv-how-pearl-harbour-made-america-a-global-power/</link>
		<comments>http://quotulatiousness.ca/blog/2011/12/07/reason-tv-how-pearl-harbour-made-america-a-global-power/#comments</comments>
		<pubDate>Wed, 07 Dec 2011 17:05:38 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[History]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Military]]></category>
		<category><![CDATA[Pacific]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[Navy]]></category>
		<category><![CDATA[WW2]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=12467</guid>
		<description><![CDATA[A minor quibble: though Craig Shirley asserts that the only way Americans could fight overseas before Pearl Harbour was with the Chinese air force, at least 16,000 Americans were serving in the Canadian Army, the Royal Canadian Navy, or the Royal Canadian Air Force: Long before Pearl Harbor, a steady stream of Americans had started [...]]]></description>
			<content:encoded><![CDATA[<p align="center"><iframe width="853" height="480" src="http://www.youtube.com/embed/x6tzy-_2c-A" frameborder="0" allowfullscreen></iframe></p>
<p>A minor quibble: though Craig Shirley asserts that the only way Americans could fight overseas before Pearl Harbour was with the Chinese air force, at least 16,000 Americans were serving in the Canadian Army, the Royal Canadian Navy, or the Royal Canadian Air Force:</p>
<blockquote>
<p>Long before Pearl Harbor, a steady stream of Americans had started moving northward across the border to join the Canadian armed forces. By the beginning of 1941 some 1,200 Americans comprised about 10 percent of RCAF officer strength and 3 percent of the other ranks. A U.S. influx totaling about 10 percent of RCAF recruitment continued until, at the time of Pearl Harbor, over 6,000 U.S. citizens were serving in the RCAF, of whom 600 were instructors in the British Commonwealth Air Training Plan. By the same time nearly 10,000 Americans were serving in the Canadian Army. After Pearl Harbor a reverse movement resulted in the absorption of over 26,000 Canadians into the U.S. armed forces during World War II. </p>
</blockquote>
<p>From <a href="http://www.ibiblio.org/hyperwar/USA/USA-SS-Canada/USA-SS-Canada-9.html" target="_blank"><em>Military Relations Between the U.S. &amp; Canada</em></a> by Stanley W. Dzuiban.</p>
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		<title>US to be crushed by Oriental economic juggernaut, film at 11</title>
		<link>http://quotulatiousness.ca/blog/2011/11/24/us-to-be-crushed-by-oriental-economic-juggernaut-film-at-11/</link>
		<comments>http://quotulatiousness.ca/blog/2011/11/24/us-to-be-crushed-by-oriental-economic-juggernaut-film-at-11/#comments</comments>
		<pubDate>Thu, 24 Nov 2011 13:27:10 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Competition]]></category>
		<category><![CDATA[Corporations]]></category>
		<category><![CDATA[Corruption]]></category>
		<category><![CDATA[CronyCapitalism]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=12194</guid>
		<description><![CDATA[Do any of these statements sound familiar? &#8220;I don’t mean to be an alarmist, but I get the uneasy feeling that America is history&#8221; &#8220;The power behind the [. . .] juggernaut is much greater than most Americans suspect, and the juggernaut cannot stop of its own volition, for [it] has created a kind of [...]]]></description>
			<content:encoded><![CDATA[<p>Do any of these statements sound familiar?</p>
<ul>
<li>&#8220;I don’t mean to be an alarmist, but I get the uneasy feeling that America is history&#8221;</li>
<li>&#8220;The power behind the [. . .] juggernaut is much greater than most Americans suspect, and the juggernaut cannot stop of its own volition, for [it] has created a kind of automatic wealth machine, perhaps the first since King Midas.&#8221;</li>
</ul>
<p>This kind of statement can be found in all the prestigious newspapers, opinion journals, and magazines . . . in the late 1970s through the late 1980s. The economic juggernaut of the day was Japan. It was poised to crush the feeble remnants of American capitalism with the all-powerful <em>keiretsu</em>, Japan&#8217;s corporate conglomerate organizations. The strong would smash the weak, leaving America (and the rest of the Anglosphere) in the dust. Just in case you didn&#8217;t follow economic history, it didn&#8217;t happen.</p>
<p>Today, the economic bogeyman is <a href="http://reason.com/archives/2011/11/24/china-derangement-syndrome" target="_blank">China</a>:</p>
<blockquote>
<p>“We are getting our clock cleaned by Chinese state capitalism,” wrote Robert Kuttner, now editor of <em>The American Prospect</em>, earlier this year at <em>The Huffington Post</em>. Massachusetts Institute of Technology economist Simon Johnson piled on at the annual conference of the American Economic Association, declaring, “The age of American predominance is over. The [Chinese] Yuan will be the world’s reserve currency within two decades.” The conservative Citizens Against Government Waste even aired a television commercial featuring a Beijing economics class in 2030 in which a professor explains how America became indebted to China. The professor concludes, “So now they work for us.” The class chuckles knowingly. </p>
<p>This gloomy message of American decline relative to China appears to be seeping into popular consciousness. An April 2011 poll by Xavier University found that “a stunning 63 percent believe that the Chinese economy is more powerful than the US economy.”</p>
<p>“The U.S. could lose its status as the world’s biggest economic power within five years,” reported <em>The Daily Mail</em> in April. The <em>Mail</em> article was based on calculations released by the International Monetary Fund projecting that total Chinese GDP, adjusted for purchasing power, will surpass U.S. GDP by 2016. </p>
<p>Can that be? Let’s do the math: China’s total GDP is around $6 trillion today. Assuming 10 percent GDP growth for the next 20 years, China’s GDP would rise to $40 trillion. If the U.S. economy grew at, say, 3 percent a year, total GDP would be $27 trillion. Back in 2007, before the financial crisis, the investment bank Goldman Sachs issued a report projecting that Chinese GDP would be $26 trillion in 2030, compared to $23 trillion for the U.S. It bears noting that current Chinese purchasing power per capita is about $6,000, compared to $46,000 for Americans.</p>
</blockquote>
<p>That&#8217;s not to say that it&#8217;s impossible &mdash; the longer the US government struggles to avoid cutting back, the more likely it is that the US will enter a long economic decline &mdash; but China has <a href="http://quotulatiousness.ca/blog/?s=china+economy" target="_blank">economic problems a-plenty</a>.</p>
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		<title>Japan grounds their F-15 aircraft after external fuel tank falls off in flight</title>
		<link>http://quotulatiousness.ca/blog/2011/10/08/japan-grounds-their-f-15-aircraft-after-external-fuel-tank-falls-off-in-flight/</link>
		<comments>http://quotulatiousness.ca/blog/2011/10/08/japan-grounds-their-f-15-aircraft-after-external-fuel-tank-falls-off-in-flight/#comments</comments>
		<pubDate>Sat, 08 Oct 2011 15:32:18 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Japan]]></category>
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		<category><![CDATA[Technology]]></category>
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		<category><![CDATA[f-15]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=11521</guid>
		<description><![CDATA[The Japanese are taking no chances after an external fuel tank fell off one of their F-15 fighters, grounding the fleet for investigation: Japan has grounded more than 200 F-15 fighter jets after a fuel tank fell off one of the war planes during a training mission. Flames were seen under the wing and fallen [...]]]></description>
			<content:encoded><![CDATA[<p>The Japanese are taking no chances after an external fuel tank fell off one of their F-15 fighters, <a href="http://www.bbc.co.uk/news/world-asia-pacific-15226437?utm_source=twitterfeed&#038;utm_medium=twitter" target="_blank">grounding the fleet</a> for investigation:</p>
<blockquote>
<p>Japan has grounded more than 200 F-15 fighter jets after a fuel tank fell off one of the war planes during a training mission.</p>
<p>Flames were seen under the wing and fallen parts were scattered at sites near the western city of Komatsu.</p>
<p>No-one was injured in the incident and the plane landed safely.</p>
<p>It is the second time in three months that officials have suspended F-15 flights.</p>
<p>The 155-kg (340lb) tank, which was empty, and parts of a dummy missile came free and fell from the plane as it was nearing a field for landing. The debris fell on 10 locations, including a sewage plant, officials said.</p>
</blockquote>
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