Posted Feb 6, 2013 by Martin Armstrong
For the Japanese to ever protest it is highly unusual. Nonetheless, there is rising tension in Japan as reflected by about 200 housewives that marched down a shopping street in central Tokyo. They were protesting taxes beating pans and shouting slogans criticizing a government plan to double Japan’s 5 percent consumption tax. This tax hike in Japan is going to tip the scales. The people lost a lot of trust in government with the nuclear disaster and how they hid information from the public. This is all manifesting
Japan on Tuesday lodged a protest against China, claiming Chinese military frigates locked their fire-control radar on to a Japanese navy vessel as well as a helicopter. The Japanese defense military reportedly said that the Japanese vessel sounded a combat alert after being locked on to and the situation reached quite a dangerous point. It prompted Japanese media to criticize China’s “offensive” and “provocative” act on the high seas.
Everything on our computer models shows a turn for Japan was due 23 years from the December 1989 high which was December 2012. So far, Japan is doing just about everything it can do wrong indicating a reversal of fortune is indeed likely. We will deal with this in a special report to be released shortly.