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Strategies & Market Trends : Asia Forum

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To: Esvida who wrote (67)	12/23/1997 6:48:00 PM
From: Thomas Haegin	Read Replies (2) of 9980

Why Japan has "low" quality of life (JMHO) First off: I do not want to offend any Japanese followers here! I can tell the following story: The uncle of a friend of mine is a pretty high level guy for a major Swiss corp. (non-financial) in Japan. He quotes the Japanese people as the richest poor people in the world: No space, horrendous costs of living, shopping and leisure, enormous stress at work and overdrowding of the cities. He says that salaries are very high, but if you live in Japan you spend it all again for rent, food, dining, the usual stuff. So relatively, the Japanes is not better off than the American (or Swiss for that) because he has relatively higher costs. The only times when Japanes feel rich is when they travel in other countries and can buy relatively cheaply the local goods and services with their Yen. TO ALL: Please correct me if my assessment is too simple, Thomas

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