Bill (Bill Mann)

speaker
117 appearances 1 recordings 1 series first heard Sep 2014 last heard Sep 2014

Bill (Bill Mann)’s voice in public audio — every appearance, attributed to the second.

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Don't rock that boat.
So the really interesting thing in Japan, and one of the reasons that I went is that we had gotten rumblings through 2013 that this time things actually really were different.
Japan has been in what
That would be.
It would be.
It would be massive.
It's unprecedented, and yet you go to Japan, and Japan is still one of the most important consumer markets for very high-end goods makers.
And there's no panic there, and it's always kind of made me wonder why.
Why has there never – if it was Greece, everything would be on fire now.
Japan, well, okay.
What do you attribute that to?
I think culture has something to do with it, but I also think that people outside of Japan have misunderstood what has been going on inside of Japan.
And let's not say, hey, we thought it's bad and it's actually really good.
It has been bad.
But Japan still has an unemployment rate, which is the envy of the world.
It's not like France, where if they get down into single digits, they're going to declare another national holiday.
In Japan, it's remained in 6% range.
But what they haven't been able to do is figure out how to make the economy grow again.
And they have, in Japan, a demographic time bomb that's coming up.
It is a population that is shrinking.
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