When Japanese talk about their country, they cling to cliché. A resource-poor land ... rising from the rubble of World War II ... Japan as number one. Even in the past decade of flounder and drift, the wisdom was always conventional. Increase government spending ... tighten the belts ... no pain no gain.
Of all the things Japan has lost since its economic bubble popped 12 years ago the van Goghs, Rockefeller Center, national confidence add one more: the comforting, all-accepted platitude. You don't hear the whens, hows or ifs of economic recovery anymore: the unspoken...
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