October 20th, 2008
03:26 PM ET

Fear rolls into Nissan Town

Kyung Lah | BIO
CNN Correspondent

The town of Oppama is about as far away from Main Street, USA as you can get. Virtually nothing here resembles anything American, except for a lone McDonald’s on the corner. But stop and talk to 78-year-old fish-shop owner Kohei Ishiwata and he’ll wax poetic about the US credit crunch.

“They made fake money out of thin air!” Ishiwata exclaims, in between slicing up thick chunks of fresh sushi.

Step next door to Yuji Fujita’s vegetable shop and he’ll teach you a thing or two about trickle down economics, Japan-style. “I hope the US economy improves. They’re a big influence for us,” he says, his 20-month-old son sleeping in the corner of the grocery store that’s been in the family for three generations.

The influence is everywhere on Oppama’s main street, which relies on the robust appetite of Main Street, USA. Oppama is home to a major Nissan plant. It’s the area’s primary employer and every part of life here is connected to the automaker.


Filed under: Global 360° • Kyung Lah
soundoff (3 Responses)
  1. Max

    Can Nissan make a small pickup truck truck again???? A hybrid with v4 gas mileage???? Please????


    October 20, 2008 at 4:46 pm |
  2. Annie Kate

    I wonder if the people on 360's top ten wanted list that have gotten the US economy in so much trouble can sleep at night knowing that its not just the US they hurt – but the global economy as well. Countless families on the main streets of the world are going to suffer from the actions of a few greedy people. While I hope that some of the most egregious of the CEOs get a nice long jail sentence I can't help but think that even that not is not enough.

    Annie Kate
    Birmingham AL

    October 20, 2008 at 4:35 pm |
  3. Honor Johnson

    I would like to know, Why are we so hard on the big companies that caused us to spend 750.00 Billion dollars,on a bailout, and not on the people whom we elected in congress, to let them get away with this. Why aren’t they cutting their salaries, and feel what most of the Americans are feeling right now?

    October 20, 2008 at 3:35 pm |