newbon:

Putting things in perspective, a great blog piece – A Conversation with Japan.

The Economy

Me: Hi Japan. What’s going on with your economy?

Japan: The usual. Why?

Me: I keep hearing that it’s “stagnating” or “stagflating” or “sluggish” or a “train wreck”.

Japan: It is.

Me: And there’s a “lost generation” that can’t find really amazing jobs and earn buckets of cash every month.

Read on…..

Originally posted on conversations with japan:

Me: Hi Japan. What’s going on with your economy?

Japan: The usual. Why?

Me: I keep hearing that it’s “stagnating” or “stagflating” or “sluggish” or a “train wreck”.

Japan: It is.

Me: And there’s a “lost generation” that can’t find really amazing jobs and earn buckets of cash every month.

Japan: They can’t.

Me: And your GDP isn’t seventeen double digits above the baseline macro index for economic growth forecasts in the second half of the Dow Smith fiscal trimester.

Japan: Something tells me you’re not an economist.

Me: All of this must have had lots of very negative impacts on your society.

Japan: Oh yes. Absolutely.

Me: Such as?

Japan: Well, as you said finding a decent job these days is tough.

Me: Right. Finding a job isn’t easy. What else?

Japan: People are…

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