OSAKA, Japan — Like many members of Japan’s middle class, Masato Y. enjoyed a level of affluence two decades ago that was the envy of the world. Masato, a small-business owner, bought a $500,000 condominium, vacationed in Hawaii and drove a late-model Mercedes.
If these are some of most pessimistic things he can write about it, then Japan’s future is not so bad. Many of Japanese in the article seem to be just idiots. No sympathy is needed for these bubble riches. France and UK once were the center of the world and though they lost their supremacy, their citizens still enjoy high living standard. Japan is just back to the place it belongs to. Fackler seems to stuck in the mentality of 80’s. Japan in the bubble was interesting to write about and good for capitalists. But it was a truly idiotic unsustainable transitional moment. I am sorry for him that he has to write about Japan now since it is a very boring place to be in. It is time for him to move on since Japan is not likely to bounce back another 10 years. But why does not Fackler write about Nobel prize in chemistry, which two Japanese got? There are many ways to live a meaningful life.