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Tag Archives: Taiwan

Reijiro Wakatsuki and the Showa Financial Crisis

From 1926-1927, Reijiro Wakatsuki led Japan’s ruling party, but his tendency to shy away from confrontations helped put him in a weaker position than his predecessor. As the new Emperor Hirohito began his reign, a careless comment by the finance minister triggered a run on banks.

Writing Kishida’s Political Obituary

Across the ideological spectrum, a consensus is emerging: Fumio Kishida is unlikely to last another year as prime minister, and even now, he is only lingering on because no credible and attractive alternative has appeared.

Japan Becoming Military Spending Great Power

Japan plans to massively increase its defense budget over the next four years, climbing into the ranks of the highest-funded national militaries. Depending on developments–and future currency exchange rates–there is even the possibility that Japan could soon rank as the No. 3 military in the world as measured by its budget.

Western Hyperbole Over a Taiwan War

Western experts and military officials continue to issue dates for a prospective China invasion of Taiwan. The latest such example is a prediction by US Air Force General Mike Minihan that a war will occur between the United States and China over Taiwan in 2025. This was written in a memo which was obtained by the news media.

Visible Minorities: Remilitarization is a Bad Idea

Pushing Japan to remilitarize was never, and still is not, a good idea. This is not just because an arms race in Asia is the last thing the region needs. But also because Japan, consistently unable to face up to its own history, is simply not the country to represent the world’s liberal democracies in Asia, especially as a military power.

An Epitaph for Kishida’s New Capitalism

The Kishida government has declared that all Japan taxpayers have a “responsibility” to support its policy of dramatically increasing military expenditures, accepting the premise that Japan’s neighbors are likely to launch an armed attack unless deterred from doing so. This marks the effective end of “New Capitalism.”