Japan Goes From Dynamic to Disheartened (Published 2010)

DISPIRITED Akiko Oka has worked part time in an Osaka clothing shop since her store closed in 2002. She said she lamented Japan’s loss of vigor.Credit...Hiro Komae for The New York Times OSAKA, Japan � Like many members of Japan’s middle class, Masato Y. enjoyed a level of affluence two decades ago that was the envy of the world. Masato, a small-business owner, bought a $500,000 condominium, vacat

[Cru]

“Deflation destroys the risk-taking that capitalist economies need in order to grow”

[rdaneelolivaw]

20年間続くデフレの状況が日本に与えている影響を書いた記事。いくらなんでもここまで暗くないだろうと思うものの、Japanificationなんて言葉がデフレにはまってだめになるような感じで使われているのにはちょっとショッ

[equilibrista]

いろいろ問題はあっても、普通に前進してると思うけどな。

[Scatterbrain]

Still, as political pressure builds to reduce federal spending and budget deficits, other economists are now warning of “Japanification” — of falling into the same deflationary trap of collapsed demand that occurs when consumers refuse to consume, corporations hold back on investments and bank