Chapter
The Financial Squeeze on Japan before Pearl Harbor
2:23:59 - 2:34:16 (10:16)
The American government signed an executive order to freeze Japanese financial assets in the US, resulting in a catastrophic situation. The imbalance between the United States and Japan continued to grow every day, with the US getting stronger and initiating rearmament efforts, thereby resulting in a green force military that was nowhere near as experienced as that of the Japanese forces, and the Japanese were well aware of this imbalance.
Clips
In the lead up to WWII, the US implemented an executive order that froze all Japanese monetary assets held in the US and extended it to Japanese colonies to prevent looting.
2:23:59 - 2:30:10 (06:10)
Summary
In the lead up to WWII, the US implemented an executive order that froze all Japanese monetary assets held in the US and extended it to Japanese colonies to prevent looting. This caused catastrophic consequences for Japan’s international payment system and caused the yen to only be used and traded within Japan's own empire.
ChapterThe Financial Squeeze on Japan before Pearl Harbor
EpisodeShow 63 - Supernova in the East II
PodcastDan Carlin's Hardcore History
The Japanese aristocracy feared that a war with the West would be unwinnable, and Prime Minister Kanohi confided in a direct descendant of an illustrious Meiji oligarch that he had made a big mistake on Japan's relations with China, leading to a slide towards war.
2:30:10 - 2:34:16 (04:06)
Summary
The Japanese aristocracy feared that a war with the West would be unwinnable, and Prime Minister Kanohi confided in a direct descendant of an illustrious Meiji oligarch that he had made a big mistake on Japan's relations with China, leading to a slide towards war. Despite having the power to stop the war, there were questions about why the Emperor hadn't intervened, and why Kanohi hadn't done more to prevent it.