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This new paperback brings to a Western readership the ground-breaking Toynbee-Kosuge Theory for the first time. The author, a native Japanese speaker, has been able to leap over the world's toughest language-barrier, which has prevented even the most eminent Western political scientists from accessing indigenous documentary evidence in detail. Is Japan going to become a bankrupt state? What will happen to the Chinese economy? And how can Europe and the United States stand up to these unprecedented challenges? Will the West survive such a gigantic financial earthquake and Tsunami with possibility of nuclear confrontation from the East? Almost eighty years ago the British historian argued that its continuing adherence to ancient Chinese political beliefs presented a giant obstacle for the modernization of Japan. Only by perceiving that the old ideology that formed successful Eastern civilizations is still in place, and at the heart of the governance of the 'modern' states in the region, can the West understand the logic behind the recent alarmingly developing political struggles in East Asia. By introducing the real meaning of Arnold Toynbee's arcane analysis, together with the newest thoughts of other experts on this broad issue, Tony Kosuge convincingly warns us of its vital implications to the current world politics and economy.