January 24, 2011

Random Memorial for Monday 1/24/11

Gone but not forgotten: Japan's place as #2 in the world economy.

Growing up as I did in the 80's, it was frequently said that Japan was going to overtake America in the overall scheme of the world's finances. And when Japan bought Rockefeller Center, our days were numbered. If you bought into the historical concept of countries and their centuries of influence -- back then, the clock was ticking and it was forecast to be a Hello Kitty Karaoke kind of 21oo's. [I just might have lost my challenge to not be offensive during Oriental Inspiration theme week.] My how 'jikan' has changed.

The financial devil you know really is better than the financial devil you don't ... and so, Japan's long time #2 status, you are missed.

CHINA KNOCKED JAPAN OFF THE #2 PEDESTAL:
http://www.seedol.com/20116526-china-surpasses-japan-as-second-biggest-economy-globally.html

BUT JAPAN IS STILL LOOKING FOR AMERICAN REALTY:
http://www.nytimes.com/2005/01/26/business/26prop.html

SO I HOPE JIKAN IS JAPANESE FOR TIME:
http://japanese.about.com/blcounter_jikan.htm

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