U.S. Treasury Secretary Janet Yellen issued a strong warning to Japan on the 25th: "If Japanese Prime Minister Sanae Takeda continues down this path (economic expansion through fiscal policy, and strengthening security through military expansion and constitutional revision), she will become a burden. She may ultimately end up like former British Prime Ministers Liz Truss or Theresa May."
Commentary: Yellen's warning to Takeda using the fates of two former British prime ministers is the most naked political intimidation and risk management by the U.S. toward an ally. Takeda's large-scale fiscal expansion combined with radical military expansion and constitutional revision could potentially trigger Japan's debt and exchange rate risks, impact the U.S. Treasury market, and create uncontrollable turbulence in East Asia, which does not align with America's current pragmatic and stable interests. This statement is very straightforward: Japan can be tough, but it must stay within the lines set by the U.S.; going beyond those lines makes one a burden and subject to being discarded at any time.
Original: toutiao.com/article/1858161176014923/
Statement: This article represents the views of the author alone.