Written by CNBC
A new Occupy Nishi-Shinjuku Movement has people taking to the streets to show their displeasure with living standards. All deposit banks within Japan have been ordered to shut down during protest activity.
In response to the outrage of his fellow council members over the banking crisis, the Governor of the Bank of Japan stated that he did not order the closure of the banks and has no information about who within his banking system would have had the authority or ability to order the banks closed.
There is concern that international investors will pull out of Japan’s economy due to concerns over instability within the financial sector. There has also been apprehension about how the inability to access capital within banks will affect the value of the yen, another concern to investors national and international alike.
The inflation rate is expected to go up as well. To sum up the situation, the Minister of Foreign Affairs stated that, “Literally all of our foreign investment is about to be pulled if we don’t fix this crisis right away…our economy will come crashing to the ground.”
While many prominent figures within the Japanese government cited the banking crisis as a more pressing issue than the social unrest, the Chairperson of the Social Democratic Federation said, “What we should be addressing is the occupy movement…[of] concerned citizens…speaking out about what they’re concerned about [and] what they want from the government.”
Officer Narrato of the Tokyo Police Force reported that there is chaos on the streets, as protestors violently clash with police. He was distraught to report that apples had been thrown at him. He cites the increased chaos as a result of the emergence of a sect connected to the mysterious figure of Light Yagami. This nameless sect has joined forces with the Occupy Nishi-Shinjuku Movement.
The movement is responsible for the banking crisis and is composed of concerned citizens voicing their dissatisfaction with government policies and their impacts. Protesters have taken to the streets of the financial district, Nishi-Shinjuku, to voice their displeasure. The Japanese government has not been able to trace the origins of the movement at this time.
The Occupy Nishi-Shinjuku Movement has seen increased funding in recent weeks, though the identity of the donor is unclear. The protestors are armed with fiery spirit, the traditional mob weapons of old vegetables and fists, as well as with batons, which are believed to have been purchased with funding from the unknown donor.
Because the Japanese government holds firm anti-gun beliefs, the police aren’t armed. With the addition of the batons, the protesters now effectively out arm the police who are struggling to maintain control.
In addition to teaming up with an anonymous donor and an unknown sect, the Occupy Nishi-Sinjuku Movement has also joined forces with the Japanese Socialist Party, who have offered resources and their full support. The combined forces of these once fringe movements have become powerful.
The Occupy movement comes as a new feminist movement is also sweeping Japanese college campuses. Young women have become deeply interested in feminist media, particularly the book “A Brief History on Why Men Ain’t Shit,” and have taken its message that men really ain’t shit to heart.
More to follow on the impact of these movements in widespread Japanese society.