An informed Japanese economist told EIR that the resignation of Prime Minister Yoshihide Suga on Friday was in part the result of the Japanese business community’s strong objections to Suga’s total submission to the Green fascist agenda. Although his (already limited) popular support had collapsed as a result of the severe spike in COVID-19 cases during the recent Olympics (which many had insisted should have been postponed), and the slow vaccination process, his meeting with US climate envoy John Kerry on Tuesday, where Suga pledged full cooperation to speed up the decarbonization process, further angered the business community.
Suga was deeply influenced by Hiromichi Mizuno, the head the Government Pension Investment Fund (GPIF), the largest pension fund in the world (over $1.6 trillion), from 2015-2020, and is now the United Nations Special Envoy on Innovative Finance and Sustainable Investments, set up by Michael Bloomberg and UN Secretary General António Guterres to force banks to deny credit to anything not on the green fascist agenda. Mizuno cut his teeth with hedge funds in London from 1988-2005.
Another influence on Suga was David Atkinson, the Oxford trained “Japan expert” who worked for Goldman Sachs, and became the leading economic advisor to Suga. EIR’s source was fairly optimistic that the next Prime Minister, who will be elected within the LDP later this month, will distance himself from the extreme green policies of Suga.