The UK referendum delivered a devastating blow to the global economy, creating risks exceeding those of the Lehman Shock, as evidenced by the pound’s fall to a 31-year low. This essay demonstrates the correctness of Prime Minister Abe’s warnings and exposes the fundamental errors of Asahi Shimbun’s economic commentary.

June 24, 2016
Today, the result of the British referendum delivered a devastating blow to the global economy, as if North Korea had committed acts of outrageous violence.
In terms of the British pound, which fell to its lowest level in 31 years, a risk greater than that of the Lehman Shock has emerged.
Once again, albeit with intense frustration and boundless anger, the correctness of my commentary has been proven beyond any doubt.
Young people who will soon obtain the right to vote must understand that in politics and economics, the opposite of what Asahi Shimbun’s editorial writers say is always correct, that is, that the truth always lies in the opposite of their arguments, and that this incident constitutes an all-too-perfect demonstration of that fact, although I feel profound anger at the enormous damage that the foolishness and elementary-school-level intellect of Asahi Shimbun have continued to inflict on Japan’s politics and economy.
They must engrave this supreme example in their hearts and recognize that the path Japan’s citizens should take is always the opposite of the opinions expressed by Asahi Shimbun’s editorial writers.
As chair of the G7, Prime Minister Abe declared that Lehman-Shock-level risks are latent in the global economy.
He therefore stated that the G7, which must lead the world, should not hesitate to implement fiscal stimulus.
What did Asahi Shimbun do in response?
It brought Masato Hara, described as the chief economic editorial writer, onto “Hōdō Station,” its subsidiary’s flagship program, thereby once again proving today that my assessment of him as a laughable figure was entirely correct, and used him to attack Prime Minister Abe’s extremely reasonable and entirely appropriate view, even though Abe is a democrat to the core, raised in the best possible environment for a politician, and has lived far removed from the folly of becoming a prisoner of distorted ideologies through obsessive exam-driven advancement to institutions such as the University of Tokyo or Waseda.
He has consistently looked straight at national governance and international politics.
In other words, he is a man of rare insight.
Yet against such a prime minister, a thug like Masato Hara, who has never done any work to earn even a single yen, and who has persistently advanced arguments that are mistaken, foolish, childish, and malicious,
dismissed as “nonsensical” the entirely sound remarks of Prime Minister Abe, who as leader of Japan, still in effect the world’s second-largest economic superpower, superbly led the G7.
“Hōdō Station” should bring him on air tonight in an emergency appearance and have him speak again.
At the same time, in accordance with Asahi Shimbun’s stance,
the British journalist who appeared on camera asserting that no such risks as those Prime Minister Abe warned of existed in the global economy must also be brought on air tonight in an emergency appearance.
If that cannot be done, the Japanese people should know that “Hōdō Station” must cease broadcasting as of today.
In particular, young people who will gain the right to vote this year must understand just how childish, and therefore persistently malicious, this program truly is.