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The Myth of Japan's Failure
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| Joss Weatherby |
Good article!
http://www.nytimes.com/2012/01/08/o...ic-success.html
| quote: | DESPITE some small signs of optimism about the United States economy, unemployment is still high, and the country seems stalled.
Time and again, Americans are told to look to Japan as a warning of what the country might become if the right path is not followed, although there is intense disagreement about what that path might be. Here, for instance, is how the CNN analyst David Gergen has described Japan: “It’s now a very demoralized country and it has really been set back.”
But that presentation of Japan is a myth. By many measures, the Japanese economy has done very well during the so-called lost decades, which started with a stock market crash in January 1990. By some of the most important measures, it has done a lot better than the United States.
Japan has succeeded in delivering an increasingly affluent lifestyle to its people despite the financial crash. In the fullness of time, it is likely that this era will be viewed as an outstanding success story.
How can the reality and the image be so different? And can the United States learn from Japan’s experience? |
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| enydo |
| You should move there. |
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| Joss Weatherby |
| LOL I would if I could, but unless you marry a Japanese person there is no real good way to move there forever. |
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| enydo |
| quote: | Originally posted by Joss Weatherby
LOL I would if I could, but unless you marry a Japanese person there is no real good way to move there forever. |
Ah, that's a shame. There's no way any chick on that island would go near you. |
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| Joss Weatherby |
| quote: | Originally posted by enydo
Ah, that's a shame. There's no way any chick on that island would go near you. |
:p |
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| srussell0018 |
| I bet Nou can drink like 8 gallons of sake in one sitting though. And not even throw up! |
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| Joss Weatherby |
| Don't really like Sake tbh. Too thick. |
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| Vector A |
The "Who has bigger towers?" question is meaningless and silly (not least because Japan is basically forced to build upward due to lack of space). Otherwise good article, though.
:p |
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| EddieZilker |
| quote: | Originally posted by Vector A
The "Who has bigger towers?" question is meaningless and silly (not least because Japan is basically forced to build upward due to lack of space). Otherwise good article, though.
:p |
We only recently caught up to them in the monsters category, with the release of Cloverfield. |
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| srussell0018 |
Game over. |
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