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 Japan doesn’t need to be No. 2 in the world
 
alfredo19
 08/22/10 11:06PM (Read 978 times)  
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Registered: 12/06/09
Posts: 9
Hi all,

Check this article about the new realities of Japan:
http://www.nytimes.com/2010/08/22/opinion/22kato.html?_r=1

Quoting the autor, Norihiro Kato

"China has overtaken Japan as the world’s second largest economy"

"Three years ago, I saw a television program about a new breed of youngster:
the nonconsumer. Japanese in their late teens and early 20s, it said, did not
have cars. They didn’t drink alcohol. They didn’t spend Christmas Eve with
their boyfriends or girlfriends at fancy hotels downtown the way earlier generations
did. I have taught many students who fit this mold. They work hard at part-time jobs,
spend hours at McDonald’s sipping cheap coffee, eat fast food lunches at Yoshinoya.
They save their money for the future."

"Freshly overtaken by China, Japan now seems to stand at the vanguard of a new
downsizing movement, leading the way for countries bound sooner or later to follow
in its wake. In a world whose limits are increasingly apparent, Japan and its youths,
old beyond their years, may well reveal what it is like to outgrow growth."

Great article, I just keep wondering how this "new" reality will affect the japanese
society as a whole...

Alf

 
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