April 03, 2002


TOKYO DIARIST: For a country whose economy has scarcely grown in a decade, this place is amazingly vibrant. The deflation is having its effect, but I mostly see it in the newspapers. The banks have tons of bad loans, which might have something to do with why it's so hard to withdraw cash with an American card-- cash scarcity makes it not worth their trouble. (We finally found a bank we could use, but we were starting to get worried.)

Posted by John Tabin at April 3, 2002 07:08 PM