An earthquake struck Tokyo around noon on September 1, 1923, while people were cooking lunch over open fires: Over 100,000 people burned to death in the city “built of wood and paper.” Now, September 1 is “Disaster Prevention Day.” And it’s time to go shopping for foldable helmets.
Birthday surprise for her husband: a woman and five friends dug a deep hole on a beach in Ishikawa Prefecture, put mattresses at the bottom, covered the hole with a plastic sheet, and sprinkled sand on it. Her husband would fall in and everyone would have a grand old time. The outcome was tragic. And they didn’t even have the required permit.
… if you can print money and are in control of the credit markets. Look at Japan. That doesn’t mean the underlying problems don’t matter.
For those who’ve been trying to swallow all the hype of a miraculous V-shaped recovery in post-earthquake Japan, there are some new numbers out: Just don’t expect the consumer to do any pulling.