Japan’s distorted financial market structure is portrayed as the consequence of decades of ideological contempt for the nation itself.
This chapter explains how such disdain enabled foreign manipulation and systemic instability, despite Japan’s true economic stature.

2016-04-07
This was not merely the result of Asahi Shimbun continuing to diminish Japan in accordance with the postwar indoctrination imposed by the United States to conceal its own original sin.
As I was the first to inform the world of this fact,
the world had long regarded them as Japan’s finest representatives.
I stated clearly that this was not the case,
that among my classmates, they would have belonged to the middle-to-lower half.
I also pointed out that they were former leftists,
or survivors of the Zenkyōtō movement.
Therefore, they came to despise capitalism itself.
Naturally, it is by no means an exaggeration to say that they also despised the stock market and the financial world, which form the core of capitalism.
Because they despised Japan itself,
they despised it to such an extent that no qualifier such as “exaggeration” is even necessary.
Japan’s elites committed the grave mistake of continuing to subscribe to Asahi Shimbun.
It goes without saying that they, too, came to despise Japan.
As a result, they created the present Tokyo Stock Exchange,
a market that cannot in any way be described as befitting a nation that is, in substance, the world’s second super economic power.
That original sin, once again brought about by Asahi Shimbun, spread throughout the world.
In other words, the Tokyo Stock Exchange became an extremely small market when viewed against Japan’s true national stature.
Unlike the NYSE, it became a market that could be easily and arbitrarily manipulated by Western profiteers or, now, by the Chinese government.
By merely pushing the yen higher through currency futures and short-selling Nikkei futures,
a task of astonishing simplicity,
it became possible to generate profits with absolute certainty, something inconceivable for a normal market.
Those profits are then poured without hesitation into high-risk, high-return emerging markets,
which could aptly be described as realms of shadowy specters,
to generate even greater gains.
Permitting such greed to persist has produced an expansion of inequality
that has clearly destabilized society
even in the United States,
a nation that once sustained itself by turning the powerful dream known as the “American Dream” into reality.
To be continued.