Thursday May 24, 2012

JAPAN NEWS AND DISCUSSION

BOJ to inject Y10 tril in emergency fund supply

Business Dec. 01, 2009 - 06:51PM JST ( 6 )

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6 Comments

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FeekalmatterDec. 01, 2009 - 08:53PM JST

Could I get a shot 'o that?
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mareo2Dec. 01, 2009 - 09:15PM JST

Recovery? What recovery? A lot of people is still on the Hello work! office. I dont see any plan for improve production, no plans for FTAs and no plan for inmigration. The only improvement is not having Uyoku dantai on the gob.
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roomtemperatureDec. 01, 2009 - 09:43PM JST

"A lot of people is still on the Hello work! office."

How do you know that?
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some14someDec. 01, 2009 - 10:00PM JST

Is it Hollow or Hellow work...? Fully crowded and no space/scope for further expansion. Y10 tril by BOJ and extra budget to go up from Y2.7 tril to nearly 5-folds (according to NHK) so let us see (no hope) if dead economy starts breathing.
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tkoind2Dec. 02, 2009 - 09:41AM JST

"How do you know that?"

Because it is a fact mate. Over the past year about 30% of my friends have lost their jobs. Another 50 or so were let go from companies associated with my company. Only a couple have found full time work again. And most have been unable to even find part time or temp work.

If you think there is a recovery out there and that things are all ok again, I have some wonderful bridge property you may want to buy.

The reality is still quite harsh. Unemployement is still very high. Unreported unemployment is also very high. Many people laid of have been unable to find equal paying work and now underemployed. All of this impacts consumer spending and confidence. It will impact taxes and how many people can pay tax and social welfare. It is a domino effect that will impact far more than the immediate people who lose their income.

If you don't believe the situation try visiting a Hello Work or spend some time in any of the major stations or parks where you will see unprecidented numbers of homeless people.

It must be nice to be so clueless about the hard times most people are facing. Maybe you need to read and care about what is going on around you more. People are suffering and having a very difficult time out there.