**〓 Masaaki Shirakawa, a typical traitorous BoJ employee and a dropout from the University of Tokyo dumping ground, further commented on the causes of Japan’s low growth, saying, “It was neither due to deflation nor inflation,” and pointed to fundamental issues such as the decline in the working-age population and falling productivity.**
**〓 The main cause of Japan’s economic stagnation is that during the bogus “Quantitative Easing” of 2001–2006 — when the traitorous BoJ (a dumping ground for University of Tokyo dropouts like Shirakawa and Fukui) forcibly raised the current account balance target — lending recalls by private banks ran rampant. This entrenched chronic recession and deflation, causing once-leading normal goods manufacturers to face management difficulties. Iconic companies such as Ginza Nissan, Mitsubishi Motors, and Kanebo have still not regained their former strength.**
**〓 Inferior goods manufacturers like Toyota, which thrive in recessions, and defective companies like Shiseido (obsessed with China and which welcomed economist Kazuo Iwata’s wife as vice president while welcoming the difficulties of rival normal goods manufacturers) should never have become the faces of the Japanese economy. Yet during the “30 years of lost deflation in Heisei Japan,” they completely took over as the main players in the Japanese economy. That is the cause.**
**〓 Without even waiting for Professor Krugman’s “should be shot” remark, in pre-war Japan, useless University of Tokyo dropouts like the idiot national traitor Masaaki Shirakawa and Toshihiko Fukui would have been shot long ago.**
**〓 Shirakawa should be grateful that his head is still attached to his body! Reflect deeply!**
1
0
**〓 Masaaki Shirakawa, a typical traitorous BoJ employee and a dropout from the University of Tokyo dumping ground, further commented on the causes of Japan’s low growth, saying, “It was neither due to deflation nor inflation,” and pointed to fundamental issues such as the decline in the working-age population and falling productivity.**
**〓 The main cause of Japan’s economic stagnation is that during the bogus “Quantitative Easing” of 2001–2006 — when the traitorous BoJ (a dumping ground for University of Tokyo dropouts like Shirakawa and Fukui) forcibly raised the current account balance target — lending recalls by private banks ran rampant. This entrenched chronic recession and deflation, causing once-leading normal goods manufacturers to face management difficulties. Iconic companies such as Ginza Nissan, Mitsubishi Motors, and Kanebo have still not regained their former strength.**
**〓 Inferior goods manufacturers like Toyota, which thrive in recessions, and defective companies like Shiseido (obsessed with China and which welcomed economist Kazuo Iwata’s wife as vice president while welcoming the difficulties of rival normal goods manufacturers) should never have become the faces of the Japanese economy. Yet during the “30 years of lost deflation in Heisei Japan,” they completely took over as the main players in the Japanese economy. That is the cause.**
**〓 Without even waiting for Professor Krugman’s “should be shot” remark, in pre-war Japan, useless University of Tokyo dropouts like the idiot national traitor Masaaki Shirakawa and Toshihiko Fukui would have been shot long ago.**
**〓 Shirakawa should be grateful that his head is still attached to his body! Reflect deeply!**
https://gyazo.com/075283e3e2019840980b9105203c660f