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We sold out all the apartments in one day.

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Kazuki Sakata, project sales manager at Mitsubishi Estate Group's residential division, referring to sales of the Parkhouse Gran Chidorigafuchi, the most expensive newly-built apartments to come on the Japanese market since the 2008 financial crisis. (CNBC)

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Which simply serves to illustrate the well-known but no less sad truth that Abenomics have benefited no one in Japan but the wealthy. Japan's economy is rapidly morphing into a mirror image of the the U.S., with the rich getting rapidly richer and the economic divide between those who have it all and those who have very little not only becoming starkly apparent, but also near impossible to bridge, no matter how hard one works in the current economic environment.

It's just a matter of time before it all comes crashing down.

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