Several readers tell me that the huge quantities of cash swilling around in
Japan are accounted for by a national aversion to credit cards.
OK; but for a people who have set their collective face doggedly against all
the wonderful benefits of mass unskilled immigration, it still seems to me
that the Japanese are pretty comfortably off. The only thing I am hearing
to counter that point is: “Oh, just you wait and see!” All right, let’s
wait and see.