“The 1960 US-Japan Security Treaty laid the foundation of relations between Washington and Tokyo. […] The key to the treaty was the establishment of permanent US air, land, and sea bases in Japan. They remain, half a century later. Japan thus became a giant US aircraft carrier from which it dominates highly strategic North Asia. In exchange, Japanese industry was given open access to the US market, thus laying the base of Japan’s economic upsurge of the 1960’s. South Korea enjoyed a similar deal. This cozy arrangement is now being challenged by the rapid rise of China’s military and economic power.”
http://ericmargolis.com/2013/07/japan-must-face-up-to-china/
Related posts:
Deja Vu: The Fed's Real "Policy Error" Was To Encourage Years of Speculation
The Hugely Hypocritical Hillary
Bill Bonner: Alan Greenspan’s Shock Revelation
Jacob Hornberger: Celebrating The Cuban Air Crash
Balkanization of Syrian War
Bill Bonner: Larry Summers Was a Lousy Choice Anyway
Herding the Sheeple into Government-Controlled Health Care
It’s Unofficial: Social Security Is Broke - Gary North
War Profiteers, Slavery, and the Hypocrisy of Imperialism
Justin Raimondo: The Prisoner
As Canada Collapses, Do We Need to Ask Why?
A century bond? Just think what can happen in 100 years
Ron Paul: Billion-Dollar Ukraine Aid Bill Is a Bad Deal For All
Rep. Cantor Steals Condi Rice’s Iraq Lines for Syria
Why You Hear Nothing About The West, Texas Firefighters