At the end of the 20th century, Japan is once again at a crossroads, undergoing fundamental transformation, as it did when it opened its doors to trade in the 19th century and renounced its feudal past, or when it rose from the ashes of World War II as a mighty economic machine. Today's recession and real estate and financial crises reflect, however, a confluence of trends that are proving that its current model for economic growth is unsustainable. In Kawari (which means "change" in Japanese), noted international asset manager and Japan expert, Milton Ezrati, paints a rich and...