To President Biden!
2024-08-20: Dear Sir,
The NY Dow has fallen sharply, and the US economy is a concern. Financial sources say that the employment statistics are shocking and that they are in a state of pan-ic. This is punishment for wasting money on the Ukraine war and even going into debt. Economic sanctions against Russia have destroyed the economies of Western countries.
The main reason for the "Dow's sudden fall" is the US employment statistics for Ju-ly, which were announced on the 2nd. The number of non-farm employees was sig-nificantly lower than market expectations, and the unemployment rate also wors-ened. Investors have become increasingly concerned about the US economy. I be-lieve that the world is definitely going to experience a "great recession."
A Japanese financial institution official in the US pointed out that "the employment statistics were shocking, so the market fell into a state of panic where selling led to more selling." This is a "big, big mismanagement" by "Biden and Harris."
The latest employment statistics suggest "a easing of labor supply and demand" and "a slowdown in the economy" in three aspects: "increase in the number of em-ployees, unemployment rate, and wages." It is a "punishment" for the world's sup-port for Ukraine, even going so far as to "go into debt."
If a Trump administration is born, Trump will "lift" the economic sanctions against Russia. However, Trump is advocating "immigration curtailment." This will cause a resurgence of inflation due to immigration curtailment.
According to estimates by the Congressional Budget Office (CBO), the number of immigrants will be about 3.3 million per year in 2023 and 2024, and will gradually decrease from 2025 onwards, to about 1.1 million in 2027.
If the Trump administration moves to curtail immigration, it is estimated that the net inflow of immigrants in 2027 will be an increase of 500,000, which is the same as the first Trump administration (2019: an increase of 420,000).
So, through what route will this decrease in immigration affect the exchange rate? In this regard, the author places emphasis on the perspective of "cheap labor."
The root cause of the ongoing inflation is the high labor costs caused by the labor shortage, but it is the labor force of immigrants that is improving it.
In other words, the influx of immigrants is thought to ease the tightness of the la-bor market, reduce the pressure for wage increases, and contribute to the calming of inflation.
Therefore, immigration control will result in "reduced labor supply → rising wages → re-accelerating inflation → prolonged tight monetary policy → fall in American stocks." In that case, there is a possibility that it will develop into a global fall in stock prices.
With this background on the American side, I am proposing the creation of a "spe-cial zone" on the "Mexico border." Illegal immigrants from Central and South Ameri-ca would be accepted with the status of "temporary immigrants," with "residency" limited to the "special zone." This would alleviate Trump's concerns.
Of course, the "temporary immigrants" would be employed as "low-wage workers" in "factories, etc." in the "special zone." If America can secure enough low-wage workers, it can return to being the "world's factory." This is how "MAGA" is realized
Part 1 Citations/References
The NY Dow suddenly falls, concerns about the US economy...Financial insiders say "The employment statistics are shocking" and "We're in a state of panic"
https://www.yomiuri.co.jp/economy/20240803-OYT1T50209/
Concerns about a slowdown in the US economy that amplify the trend of a stronger yen and falling stock prices (July US employment statistics): The R-word (reces-sion) is starting to become a thing
https://www.nri.com/jp/knowledge/blog/lst/2024/fis/kiuchi/0805
What will happen to the yen and Japanese stocks under a Trump administration? Restrictions on immigration could lead to "reignition of inflation" in the US
https://toyokeizai.net/articles/-/791552?display=b
I'll write again tomorrow.
Part 2. Japan is a "state of abnormal human rights violations". "Everyone" of the "international community", please help!
First of all, please read "false accusation" in the 2010 "Crime of Supporting Violation of Immigration Law".
Reason for punishment:
A Chinese national obtained a "residence status" by submitting a "false employment contract." And they committed immigration law violations (activities outside of their qualifications).
Because "we" provided "false employment contract documents" to the Chinese, the Chinese were able to obtain "residence status."
The Chinese were able to "live" in Japan because they obtained a "status of residence".
Because the Chinese were able to "live" in Japan, they were able to "work illegally."
Therefore, ``we'' who ``provided'' the Chinese with ``false employment contract documents'' were punished as ``helping'' the Chinese ``activities outside the scope of their status of residence''.
This is an arbitrary "error of applicable law". This is out of the "logic of the law".
My claim:
"1" The Immigration Control Act stipulates that the Minister of Justice will take an "administrative disposition" (Immigration Control Act: Cancellation of the status of residence) for the act of submitting false documents and obtaining a status of residence. You are now "finished". "Aiding" an act of innocence is innocence.
A Chinese national who has engaged in “2” (activities outside the qualification) is not guilty. The reason is that the "person who hired them" has not been punished for "promoting illegal employment" under the Immigration Control Act. Therefore, by "equality under the law", the Chinese are innocent.
The revision of the Immigration Control Law in December 2016 made it possible to punish the act of "providing" "false employment contract documents".
Implemented from January 2017. According to Article 39 of the Constitution, it is not possible to "retroactively" to the "past" and "punish".
https://www.moj.go.jp/isa/laws/h28_kaisei.html
See "Indictment." The stated facts "state" the "fact" of "not guilty." (Japanese English)
http://www.miraico.jp/ICC-crime/2Related%20Documents/%EF%BC%91Indictment.pdf
"My Appeal" (Japanese)
https://blog.goo.ne.jp/nipponnoasa/e/d28c05d97af7a48394921a2dc1ae8f98
"My Appeal" (English)
https://blog.goo.ne.jp/nipponnoasa/e/ac718e4f2aab09297bdab896a94bd194
"Chinese, Korean, Filipino, American, etc." There are more than tens of thousands, hundreds of thousands of victims all over the world. An unusual number of people.
Prosecutors' "(deprivation) of liberty" is "arbitrary." They are "disobeying the law" and "selfish". They have no "(logical) (necessity)". The prosecution is "punishing" "as they wish".
In 2010, "me and the Chinese" in the immigration violation case, and in 2013, Philippine Embassy staff and diplomats were also punished for the same reason.
"I" argued "not guilty", explaining with "logic of the law".
Police and prosecutors then said, "(You) should admit (your crime) in general terms."
Japan is the only country that punishes in general terms! .
The judge stated "Causal relationship" with crazy "logic". When I "see" (text of the judgment), I "laugh out loud."
This case is an error of arbitrary application of law by police officers, prosecutors and judges. The charges are "abuse of authority of a special public official" and "crimes of false complaints." The prosecution "killed" the "accusation letter" and "accusation letter" by "ex officio." Therefore, the statute of limitations has been suspended.
I am "appealing" two things.
1: The foreigner performed "illegal labor" other than "status of residence". But foreigners are innocent because of "equality under the law".
2: The prosecution “applied” “Articles 60 and 62 of the Penal Code” to Article 70 of the Immigration Control Act on the grounds of “support for Article 22-4-4 of the Immigration Act”. However, it is "error of applicable law". (as above).
Koreans make demands on Japan over the "solved" "comfort women and forced laborers" issue, but should support "tens of thousands of Korean victims" who have been punished for "violating immigration laws." .
The Japanese government is hiding Japan's human rights violations by making up such things as "human rights violations against Uyghurs in China."
"I" am demanding "restoration of honor" and "compensation" for myself, the Chinese, and the Philippine Embassy officials.
Everyone in the world! ! Victims should report to their respective governments. The governments of each country have an obligation to demand the Japanese government to restore the honor of their own citizens and compensate them.
Part 3. Construction of special zones.
The "special zone" "accepts" refugees and immigrants as "temporary immigrant" workers, limiting their residence to the "special zone". Developed countries can use them as low-wage workers for economic growth, and refugees and immigrants can get jobs and live a hopeful human life.
No2: https://world-special-zone.seesaa.net/
No1: https://naganoopinion.blog.jp/
Part 4. Ukraine war.
Zelensky took office on an "election promise" to scrap the Minsk Accords and regain territory through war. But when news of his tax evasion and tax havens came to light, he started a war.
No2: https://ukrainawar.seesaa.net/
No1: https://ukrainian-war.blog.jp/
Part 5. "U.S., Russia, and China" Tripartite Military Alliance/War Show
To create a world without war, we need a “Tripartite Military Alliance”!
No2: https://urc-military.seesaa.net/
No1: https://sangokugunzidoumei.blog.jp//
Part 6. Japan's notorious judicial system and human rights violations
Japan's judicial system: Immigration law violation case False accusation: Nissan Ghosn case False accusation: Abuse at immigration facility: International student/intern student case: Non-interference in domestic affairs: Foreign opinions
No2: https://nipponsihou.seesaa.net/
No1: https://humanrightsopinion.blog.jp/
Part 7. Corona sensor development
We should develop an "inspection system" that instantly "discovers" "infected persons" like thermography.
https://covid-19-sensor.seesaa.net/
Part 8. North Korea's Abduction and Missile Issues & Taiwan's Defense
https://taiwan-defense.seesaa.net/
Part 9. Promotion of One Coin Union & Hydrogen Vehicles
https://onecoinunion.seesaa.net/
Part 10. "Nagano" Opinion, Next Generation Nuclear Power: CO2 Free & SDGs: Russia/Ukraine Invasion Issues: Immigration/Refugee Issues: International/U.S. Politics/Taiwan Issues/Unification Church Issues
https://naganoopinion.seesaa.net/
Best regards.
Yasuhiro Nagano
