Tuesday 30th December, 06:04 AM JST
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11 Comments
30061015 at 12:38 PM JST - 30th December
Yes, these are the lucky ones who lost their jobs first. The next wave will be on the streets.
Freddy5 at 12:41 PM JST - 30th December
I guess Hello Work will need to hire more people to meet all the more people...
MikeBarrymore at 03:38 PM JST - 30th December
This world recession caused by Greedy Americans has made this happen.
How many poor people will suffer homelessness in Japan and worldwide because of this?
When i saw about thousands of Japanese living in the street in blue tents, it made me cry.
as_the_crow_flies at 09:04 PM JST - 30th December
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cainhf1 at 11:58 PM JST - 30th December
As an American I can agree everything is about money. I laughed when the housing bubble popped simply because I knew it had to happen these greedy housing realtors have been forcing the price of real-estate for so long it was becoming ridiculous. I rent so I found it humorous, but for the homeowners affected it was not so funny. I wouldn’t generalize it as all Americans are greedy as most of us work paycheck to paycheck but I would say that for the most part the arrogant few that pushed the economy to the bursting point got what they deserved. It was time that the over inflated American economy got knocked down a notch. I'm sorry if it was our fault that Japan has to suffer also but the American economy needed this huge reality check. Hopefully we have learned from this huge global debacle (but knowing the US leadership I highly doubt it) So, I sit here in Texas wondering what will happen next...
KaysValentine at 02:52 AM JST - 31st December
Hi Cainhf1 I sit in texas wondering the same thing, where in Texas are you ? To blame the U.S. for all global woes is, I believe, misdirected. I think that there were just as many people all over the world looking to line their pockets and whippin' us poor horses till they couldn't anymore. Not just America, look at other countries that circumvent humanity to line their pockets, case in point, China.... Case in point OIL speculation that drove the world to the brink of anarchy.... It's too easy to just say oh the U.S. is at fault, we spread the wealth but we need to spread the blame as well.
Moderator: Back on topic please.
aj2o1 at 04:13 PM JST - 31st December
It's hard for some to admit, but denial and deflecting will not erase the fact that the toxic loan contagion originated in the USA and spilled over to foreign markets.
Badsey at 07:33 PM JST - 31st December
dear renter: expect your rent to eventually go up also. It is actually a good time to buy a house and lock in the low interest (depending on your job outlook and location outlook) Your money is worth less -the cost to build a house will only go up along with all your other bills.
An even better time to pay off credit debt. -it's a short term loan and the interest rates could rise every 30 days for any reason (until new 2010 laws take effect)
Buy now (lock in the interest rates) while things are cheap (cash) and save, save during the periods of coming high interest.
Badsey at 07:40 PM JST - 31st December
renters: many rental outfits have short-tern loan contracts (3-5-7-10yrs) on their properties. When there is a loan renegotiation after the contract is up they may not be able to get a loan now. =the building you rent from goes into default =the rent could double etc (doubtful with all the other properties available and people still buying homes).
You are not exacly safe either.
Badsey at 07:47 PM JST - 31st December
makes you wonder how big the blue-tarp shanty people will get. Maybe they will need to give their town a name and elect a Mayor (and of course annex some property!!) Posession is 9/10 of the law = squatters rights -but will this new crowd of bankers, financialists, company workers, and part-timers be accepted into squatter society? Only time will tell I quess.
Skywards at 01:52 AM JST - 1st January
Politicians in the cities with the support facilities need to get out of their city halls and spend a night per week volunteering to speak to support workers and making municipal financial assistance available to shelter, feed, and clothe the homeless. Words alone won't help--politicians need to view the reality and help people.
I can understand that homeless individuals will go to where the support services are--they don't want to lose hope and need the support to stay afloat during their times of trial.