Even Japanese aren't as picky as before!!

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I've read from a news in the internet a few days ago, that Japan is feeling the crunch of economic crisis, and as reported by their own consumer watched group, japanese now buys China, and other country like US and Canada made appliances and electronics, where before they only buy locally made brand, because they believed that theirs are more superior in quality compared to those made abroad, but now they just buy appliances that are cheaper but offered same quality as the expensive brand, they now go with the basic, like in washing machine,as long as it give the same quality in washing clothes, they don't care of the added factors like germ killing etc, given by the expensive brand. Even in computers,laptops and other electronic products. It seems every country is experiencing the economic depression. What do you think?