Article: Hit nightclub shows pain, potential of deflation-ridden Japan

00-00-0000
Dateline: TOKYO Tokyo nightclub owner Sakura Masui is nowhere close to the modern- day geisha girl she appears to be, shuffling demurely in a purple kimono as she pours drinks and chats in hushed tones.

The 34-year-old former office worker and bar hostess had the vision and the business smarts to exploit Japan's biggest economic disease: the downward spiraling of prices known as deflation that is eroding profits, paychecks and growth while leaving analysts and politicians alike clueless about a solution.

For the first time since the Great Depression of the 1930s in the United States, fears are growing around the world about deflation.

While cheaper prices may sound ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!