Thursday, August 18, 2005

Japan: Nishi-Hajiochi

Beginning to settle in here we find that we are just about the only foreigners around. The days are very hot and humid and the locals carry umbrellas to do the shading task the name implies. There has been a little rain but most dampness seems to come from us

Now we travel more easily between out town and the next by train, transfering between JR and the Keio Line and back as required. Still it is a reminder of the madness of privatisation when applied to public transport .. travel that was once straighforward becomes complicated.

The latest step towards a fully privatised Japan is the attempt to privatise the Post Office. The refusal of the upper house to let this go through has led to an election next month.

When reading the financial papers in London it became apparent this is not just a local issue, but rather the drooling of the world banking mob has begun in earnest.

Japan's Post Office is actually the largest bank in the world so there is a tsunami of pressure from outside Japan as well as eager compradores within the country to take part in dismembering the richest pickings ever seen (US$3 trillion!!!). A world wide corruption bonanza!

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