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JAPAN ADMITS OVERSTATING GDP COMPONENT DATA FOR YEARS; A FRAUD LED BY GOVERNMENT A shocking fact was recently revealed in the Japanese society; the rumor that the Japanese government had

deliberately manipulated the statistics of the Ministry of Land, Infrastructure, Transport and Tourism’s construction orders to be doubled over the past eight years turned out to be true.

These manipulations were systematically and repeatedly carried out during the Abe regime, the immediate predecessor of the current Kishida regime in Japan. The number of known manipulations

so far is about 10,000 per year from 2013 to March 2021. It has been going on for the past 8 years, so there are at least 80,000 cases, a huge amount of false money disclosed to the public

for the past decade. The report was also a huge shock to the international economy as this meant that information provided by the Abe administration was no longer trustworthy. GDP is the

main source for determining the monthly economic reports and enterprise support policies. As doubled statistics undermine the credibility of all data, every derived source is as well in

danger, including Japan’s construction policy, media reports, and academic papers that have been used for the past eight years. Experts assume that the crisis was caused by obedient, corrupt

high-ranked public officials. As the Liberal Democratic Party of Japan had been in power for the past 20 years, there was no way that institutions had through check within each other. It is

difficult to deal with these types of state-led crime cases. Russia has been banned from participating in international competitions for the fact that the nation systematically concealed

the drugs for their athletes. North Korea was also embarrassed by the state-led initiative to sell drugs and counterfeit bills to other countries to increase its foreign currency reserves.

Japan, the third-largest economy in the world, announced its 2021 GDP as US$4.9 trillion. Although the numbers turned out to be inflated, Japan’s economy still has a tremendous influence on

the global economy. One thing for sure is that this exposure is a country-scale shame to the whole world.