Back in August of 2009, the Czar predicted that Japan was in trouble, having booted their largely conservative-but-troubled government for a liberal-but-fresh-but-still-liberal replacement.
The Czar advised the Japanese people that this was going to be a mistake, since liberal governments have this annoying tendency to promise great things but ultimately screw it all up for everybody.
We have neglected our friends in Japan, but just so you know, this “new” government, filled with hope and change, is on their third freaking prime minister.
The original PM, Yukio Hatoyama, resigned after acknowledging his failure to meet campaign promises (incuding ousting the American military from Japanese soil), a series of financial scandals, and an increase in the national debt to 200% GDP.
He was replaced by Naoto Kan, who also resigned from this position due to unsurvivable, no-confidence poll numbers stemming from his apparent inability to respond to the earthquake/tsunami/nuclear crisis in Japan.
And now Yoshihiko Noda has taken the job for the Democratic Party of Japan, he has some tough things to address. The Japanese want to know why the country’s post-tsunami construction is way behind schedule. Why did Moody’s downgrade them to Aa3? And why is Japan—Japan, goddamit, that once built a bunch of Mecha-Godzillas—suddenly out of cash? Where has the money gone?
Expectations are that Mr. Noda will not last long, either. They oughta put in a revolving door over there.
Anyway, if you look deeper into this story, you can find out what happens when a country has a non-biased news media.