Re:Japan's Economic Stagnation Is Creating a Nation of Lost ...
by hga on Saturday August 07, 2010 @03:50PM
(#1584175)
Understood and that agrees with my much more distantly acquired picture of Japan.
What I've gathered is that Japan was divided into a low risk/high gain segment (the 1/3 or so who were salarymen or above) and a high risk/low gain segment (pretty much the rest).
If that picture of some decades ago is true, what has and does it mean as that path to the future (for those who could make it) got and continues to get increasingly closed off?
Great economic catastrophes tend to result in changes of social contracts and resulting secondary effects. Surely some, perhaps a lot of that has been happening in the last couple of decades?
What I've gathered is that Japan was divided into a low risk/high gain segment (the 1/3 or so who were salarymen or above) and a high risk/low gain segment (pretty much the rest).
If that picture of some decades ago is true, what has and does it mean as that path to the future (for those who could make it) got and continues to get increasingly closed off?
Great economic catastrophes tend to result in changes of social contracts and resulting secondary effects. Surely some, perhaps a lot of that has been happening in the last couple of decades?
(I do like your Twilight analogy. :-)