After reading Masayuki Takayama’s essay in Seiron, the author revises his hypothesis on Japan’s stock market collapse, concluding that China alone may not suffice—and that aligned interests with the United States must be considered.

February 16, 2016

A close friend told me that this month’s issue of the magazine Seiron contained a superb essay on Sayuri Yoshinaga.
When I read it, I suspected that the author was also a reader of my blog.
Drawing inspiration from what I had written about Yoshinaga, Eitarō Ogawa—an intellectual virtually equal to an academic, a graduate of Osaka University and the University of Saitama’s graduate school—articulated everything I had intended to say, leaving nothing out.

I strongly recommend purchasing it. Seiron costs only 780 yen including tax.

Here, however, I would like to introduce the opening essay by Masayuki Takayama.
Once again, he proves himself to be the one and only genuine journalist in the postwar world.
As always, it is an eye-opening piece.

Upon reading this essay, I immediately felt the need to add another prime suspect to my hypothesis that the Chinese government was responsible for the massive collapse of Japanese stocks.

In that case, I realized with shock that the correct interpretation would be that the intentions of the United States—long connected through channels as fellow nations possessing CIA agencies and seeking enormous profits in Japan—and the intentions of the Chinese government—to weaken public support for Prime Minister Abe and BOJ Governor Kuroda through a stronger yen and stock collapse—had coincided.

Even so, nothing changes in the fundamental requirement.
The Tokyo Stock Exchange, a market belonging to the Japanese nation and intended for the development of its people, must immediately disclose to the Japanese public who continued to drive the yen higher and who relentlessly sold the Nikkei short.

If my hypothesis is correct, then the statement by People’s Bank of China Governor Zhou—“We will not allow speculators to dominate”—is an extraordinarily polished declaration, one that could almost be called the embodiment of evil itself.

Naturally, it is a statement made with full knowledge of how speculators operate.

Takayama Masayuki’s essay will be discussed in the next chapter.