Lifestyles became much more modest, looking for cheap bargains. Deflation penetrated society.
The Japanese economy was suffering from the Luciano Pavarotti syndrome.
At the height of the bubble people used to go to expensive and luxurious restaurants, to drink a lot of tremendously expensive champagne.
It is cynical. He is clearly exploiting this male-female issue in a media-savvy way that plays into his desire to be seen as a reformer but belittles the role of women.
I think it's a pretty disastrous situation for them although it has been a disaster waiting to happen. At least they foresaw the problem this time but the fact that the system was about to crash is a problem.
It is a very inefficient working economy, in that respect, that the pool of talents is there but the antiquated system refuses to tap into it.
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