Jump to Comments Pax Arcana Thought the US housing market and subprime mortgage shenanigans were going to lead the world economy into the crapper? You were wrong. Not about that second part that’s going to happen just about the cause.
Turns out the Japanese economy a major global influencer according to the economists living in my imagination is very sensitive to ladies hairstyles. And the current trends do not look good:
Until the early 1990s, when Japan’s economic bubble burst, 60 percent of women in their twenties kept their hair long, the Nikkei said, citing the survey.
During the 1990s economic slump, short hair defined as above the collarbone became the dominant hairstyle for Japanese women. But since 2002, long hair has regained some popularity just as the economy started to expand, the Nikkei said.
The Japanese Global Economics Council ponders lowering interest rates and growing out their bangs So one of the most important economies in the world, in a nation that produced some of the most fearless, relentless, cunning warriors and businessmen in the history of humankind, is largely pegged to the whims of the female patrons at karaoke night at the Mr. Soul Disco in Kyoto.
OK, I’ll buy that.
Japanese women hairstyles track economy ups and downs Reuters.
[source]
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