|Time on Japan: "A Clouded Outlook"|
|Blogs - Jeff Johnston|
|Written by Jeff Johnston|
|Wednesday, 28 July 2010 20:33|
In his upcoming Time article entitled "A Clouded Outlook," (August 2, 2010) Michael Schuman writes a sobering view of Japan's malaise and dismal economic outlook for the future. The 4-page article helps to see the big picture of the economic reality, which has been stagnant since the bubble burst in the early 1990s.
If you want a better understanding of Japan and the dynamics of turning this big ship around, read Shuman's article.
Here are a few excerpts to give you a sense of the problem:
There is much more detail in the article, including what current PM Naoto Kan is trying to do, the downside of consensus-based decision-making, the economic effect on the younger people, potential implications on taxes and immigration policy, and much more.
What needs to be done to change this dilemma? Schuman with the help of fellow reporter Terrence Terashima offer recommendations. I'll let you read them, if you're interested, but Schuman closes with this pessimistic summation:
Allow me to make a personal comment here after tracking the news and talking with my Japanese friends. . .
What is painfully obvious in Japan is that things are going to get worse—not better—at least for the foreseeable future. Japanese will need to adjust their lifestyle accordingly. No more can the people of Japan put their faith in their government to do what is best in their long-term future.
As a missionary here, who has seen countless Japanese shy away from following Christ, I can only hope—and pray—that this growing economic challenge swings wide open the door in people's lives for the Gospel. Up until now, they've simply been too comfortable.
While I'd like to see Japan flourish, its own affluence has become a huge stumbling block for the Gospel. And God loves the Japanese too much. I trust He will use this difficulty to compel many to follow Him.
They say that every cloud has a silver lining. Maybe the spiritual outlook is not so clouded after all.
What do you think?
|Last Updated on Tuesday, 10 August 2010 14:46|