The bottom falls out of the Japanese bond market. Tokyo stocks implode, the banking system collapses and a global depression sets in. It's actually the plot of a novel by Koda Main. More than 100,000 copies of the twin-volume work that predicts what could lie ahead if Tokyo fails to get a grip on the national debt have been sold since it appeared in bookshops three months ago. Nihon Kokusai is a prime example of a raft of doomsday books that have appeared in the past year.
People are eager to know what is happening in order to prepare for it psychologically.
Things don't come a lot worse than in a recently released book by former banker Moriki Akira. That one has sold 40,000 copies in two months. Amid the gloom, the outlook for publishers of disaster books has never been so bright. All Rights Reserved. Terms under which this service is provided to you.