Tokyo shares slide on escalating lockdown fears

Never let a good crisis go to waste. This is the mother of all wake up calls to Japan and those that have emulated its mercantilist model that we’re transitioning to a new system and that major systemic change is in the offing, whether they like it or not. Sub 100 soon!

@oyatoi Layman's terms, please.

Bugle Boy of Company B he thinks Japan business & Trade is gonna crash and burn

Weaken the yen. So absurd to keep it strong as the Japanese can buy oil at super low rates.

Empty those tanks with the very soft water and store oil in all those giant storage tanks.

No worries-the government will buy all the bonds and refits that exist in Japan...

Ah I forgot we are in Japan economy is more important than some lockdown...

all good in the land of the rising sun

The narrative went very quickly from "no problem" to "lockdown" didn´t it.

The narrative went very quickly from "no problem" to "lockdown" didn´t it.

In every country.

This is the mother of all wake up calls to Japan and those that have emulated its mercantilist model 

If you mean mercantilism will become even more attractive in the aftermath, you're right. Globalization is what fanned the flames of this disaster. All of Europe's facemasks are manufactured in China. 97% of all the antibiotics in the US are manufactured in china.

This will no longer be tolerated. From on, the big economies will re-position their supply chains, placing them a lot closer to home. Viva la mercantilism!

"If you mean mercantilism will become even more attractive in the aftermath, you're right." 

Umm...No, that’s NOT what I am saying.

The examples you adduce only prove my point. The mercantilist capitalism that East Asians, emulating Japan’s example, have made their own is now under assault and from now on they’d better start getting used to Western economies demanding much greater reciprocity. Penalty for refusing to play ball, forfeiture of market access, denial of intellectual property, and things they once took for granted when the West allowed them to tilt the playing field in their favour.