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To: patron_anejo_por_favor who wrote (87230)3/28/2001 8:49:24 PM
From: sammaster  Respond to of 436258
 
maybe they closed their books on the quarter yesterday and now there is no buying pressure...



To: patron_anejo_por_favor who wrote (87230)3/28/2001 8:49:24 PM
From: sammaster  Respond to of 436258
 
maybe they closed their books on the quarter yesterday and now there is no buying pressure...



To: patron_anejo_por_favor who wrote (87230)3/28/2001 9:05:13 PM
From: BigBull  Read Replies (2) | Respond to of 436258
 
Yeah, and he's buying at the 100 yen shops.

Unemployment in Japan has reached record levels, just under five percent. In city parks, the foot soldiers of Japan's economy, the "salarymen," wearing their trademark suits and ties, sit idly on benches, too humiliated to admit to their families that they've lost their jobs. Crowds of day laborers line up at missions hoping for a day's wage or a subsidized lunch box. Across Tokyo, homeless warm themselves around fires. A shanty town of cardboard-box shelters covered with plastic sheeting has gone up around the Tokyo National Museum. Many homeless people seek shelter in subway passages.

Consumer spending has remained sluggish and the Japanese are adopting new ways to stretch what little yen they are willing to part with. Popping up around the city are Western-style bulk goods and budget stores. In the fashionable Shibuya shopping district, customers wind their way up and down flights of stairs at the "100 Yen Plaza," where every item in the eight-story mall is priced at 100 yen, or about 80 cents.

ap.tbo.com
japantimes.co.jp
japantimes.co.jp

More tough love coming to the Banzai's



To: patron_anejo_por_favor who wrote (87230)3/28/2001 9:11:50 PM
From: stomper  Respond to of 436258
 
Got pissed off keiretsu?

-dave