Word: brutalization
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Dates: during 1990-1999
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...recession of the past four years has been Japan's worst since World War II. From about 1988 to 1991, the nation enjoyed a "bubble" economy that saw huge investment in new factories, real estate and equities, both at home and abroad. When the crash came, it was brutal. Between 1992 and 1995, gdp barely grew at an average of 0.6% a year. In the early 1990s, land values fell 50%, creating a burden of bad debt that could reach $1 trillion. From 1990 to 1994, industrial giants like Nissan closed factories as car production fell almost...
...social ills are nevertheless becoming more acute. The use of amphetamines and marijuana is growing, as is the fear of crime. In the past, only members of the Mafia, or yakuza, carried guns, and for the most part they killed only other yakuza. But last year there were several brutal handgun murders that did not involve mobsters. Three female employees at a supermarket, for example, were shot in the head in a Tokyo holdup. An advisory board to the National Police Agency last year endorsed the hiring of tens of thousands of additional police because Japan "is proceeding down...
...INSECURITY GOT YOU DOWN? WORried about all those new dead-end, low-pay McJobs that masquerade as gainful employment? Maybe the U.S. should look to Europe, where unions are still muscular, minimum wages high, and most workers insulated from the brutal hire-and-fire culture that characterizes mid-1990s America...
...peoples offer, they have also increased competition dramatically. International trade, previously heavily regulated and dominated by informal agreements and long-term relationships, has opened to fierce worldwide competition. The low wages and social security costs combined with a hard-working workforce in the emerging markets have initiated a somewhat brutal fight for survival in business. Companies undertook massive restructuring and layoffs in order to compete. Working hours have increased in the United States, and unemployment has increased in Europe while the standard of living has remained unchanged...
...military sentiment before President Clinton visits Japan later this month. "If Okinawans start demonstrating when Clinton is here like they did in October, this could backfire in Hashimoto's face," TIME correspondent Irene M. Kunii says. More than one million people demonstrated in October in response to the brutal rape of a 12-year-old Japanese schoolgirl by three U.S. servicement. Okinawans have historically harbored deep resentments toward the U.S. military for their bloody invasion of the island in World War II and the ensuing occupation. The invasion killed at least 80,000 Japanese troops and 130,000 civilians...