Wednesday, April 24, 2013

1,000 Japanese Officers To Participate In "Island Recapture" Drill In California.


1,000 Japanese Officers To Participate In "Island Recapture" Drill In California.HT: ZeroHedge.
Earlier this week Prime Minister Shinzo Abe vowed to “expel by force” any Chinese landing on the islets.“We would take decisive action against any attempt to enter territorial waters and to land,” Abe told the Diet in response to questions from lawmakers. “We would never allow” a landing.“It would be natural for us to expel by force (the Chinese) if they were to make a landing,” he said.
Obviously, when we first read this latest incarnation of tiny David provoking a massive Goliath, we couldn't help but smile. Yet it turns out that Japan is indeed hell bent on pushing China to the limit, and then some, in this parading around with its best friend: the United States.

Moments ago Kyodo reported that Japan's Defense Ministry said on Tuesday that "about 1,000 officers of the nation's Self-Defense Forces will participate in a U.S. drill to be held in California in June involving recapturing control of an isolated island."

Did we mention the drill would be held in California?

It is quite clear what said "recaptured island" is supposed to represent. It is even clearer what the US backing and sponsorship of such a drill on US soil is supposed to telegraph to China, so we won't go into any details.

It will be the first time for SDF personnel to participate in such a drill on the U.S. mainland.

Japan's participation could trigger a backlash from China as the Defense Ministry has been strengthening its capability to protect isolated islands amid soured ties with China over territorial issues surrounding the Senkaku Islands in the East China Sea, experts on defense issues said.

Actually China does not need to to twitch even the smallest military muscle: all it has to do is engage in a perfectly peaceful trade blockade of Japan: halt all exports to the tiny (by comparison) and irradiated nation, while boycotting all imports from Tokyo, which in better days amounted to 20% of all external trade. By doing so, China assures two things: the imminent collapse of Abenomics as even a 1,000,000 Nikkei225 will do nothing at all to prevent the country from entering an energy shortage shock, even as the local manufacturing sector implodes under its own weight, losing a core export market, and be forced to dump products on local soil in the process unleashing hyperdeflation.

In other words, if China wants, it can terminate Abe's career in months. And since the entire fate of the "developed world's" banking system is now in the hands of the BOJ and the successful conclusion of its reflation experiment, China just may just have been given the perfect opportunity to take down the (G-)7 birds with one stone.

The only question is whether Beijing feels it is ready and is willing to now finally truly challenge the Western reserve currency hegemony. Or wait some more. Either way, it is only a matter of time now.Read the full story here.

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