(Page 2) Morinaga Takuro Issues Final Warning: A Reiwa Depression Awaits Due to Prime Minister Shigeru Ishiba | FRIDAY DIGITAL

Morinaga Takuro Issues Final Warning: A Reiwa Depression Awaits Due to Prime Minister Shigeru Ishiba

An Urgent Interview with "The Wise Man's Legacy" A depressed economic analyst who was diagnosed with pancreatic cancer and given "only four months to live" speaks while tilling the soil at his farm.

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Consumption Tax to be Raised to 15%

While Morinaga has pursued what he truly wants to do throughout his life, there is a fundamental aspect of him as a patriot who is concerned for his country.

On October 1, in the Prime Minister’s appointment election in the National Diet, Shigeru Ishiba (67), the new president of the Liberal Democratic Party, was elected as Prime Minister. Morinaga predicts a dark future.

“I was watching the presidential election thinking there was an 85% chance that Sanae Takaichi (63) would be elected, but there must have been people who absolutely could not have a Takaichi administration. With Ishiba becoming Prime Minister, the arrival of a ‘Reiwa Depression’ is certain. Among the nine candidates for the presidential election, Ishiba was the most lenient towards tax increases. He is not an economic expert and has been completely brainwashed by the Ministry of Finance. Future significant tax increases and cuts to social security are inevitable.

I predicted the stock market crash on the evening of Friday, September 27, when the new president was decided, and it happened just as I said. Moving forward, the consumption tax will head towards 15%, and the bubble-like Japanese stock market will burst. The Nikkei average will fall to the 10,000 range by the end of the year and ultimately drop to the 3,000 range. The variable interest rate on housing loans will undoubtedly rise by at least 0.15%, so I think it will have a significant impact even on citizens who are not involved in the stock market.”

While he presents this heavy prediction, Morinaga feels a certain sense of familiarity with the new Prime Minister Ishiba, who is the same age as him.

“Ishiba is an otaku like me. He doesn’t have any friends, and he finds happiness in beautifully finishing model ships, fighter jets, and trains. Ishiba has also frequented the model shops in Akihabara where I go, so I can easily understand that genuine otaku mindset. There are no bad people among otaku. Ishiba is a good person who listens to what others say. However, I think it will be difficult for a Prime Minister who is like that to exhibit strong leadership.”

Having gained popularity as a commoner-friendly economic analyst, what is Morinaga’s final warning to the Japanese people?

“Japanese stocks are a one-way sell. I want to reduce the number of people who will be lost in their old age. I think that is my last job as my life is becoming shorter.”

While stating he will leave nothing behind, Morinaga is about to depart, entrusting wise words to his compatriots.

Holding freshly harvested green peppers and long eggplants, he breaks into a smile. Renting a farm, he said, “I realized that agriculture requires intelligence.”
Unpublished cut: Morinaga Takuro’s “final warning”: “A Reiwa depression will definitely come under Prime Minister Shigeru Ishiba.”
Unpublished cut: Morinaga Takuro’s “final warning”: “A Reiwa depression will definitely come under Prime Minister Shigeru Ishiba.”

From “FRIDAY” October 18 and 25, 2024

  • PHOTO. Hiroyuki Komatsu

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