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Funny enough, when you walk the streets of Osaka, the reality doesn't appear to match the media.
Shops are busy. People are buying. Restaurants are full. No one has told the Japanese people that they are not spending money or that they are all depressed about it.
I need to provide an update... Yesterday I stopped in the hotel cake shop to get a "Danish pastry", the price was Y450. Today, same shop, Y225. OK, so 5 minutes before closing, but a 50% deflation in one day shows that the economy is going down the pan.
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