Thursday, February 19, 2009

Japans Economy

Cory Mattson
February 19, 2009
10:20pm
Not only is the United States going in an economic downfall with people losing jobs and people getting pay cuts but so are countries starting to get hit with this economic. Japan is one starting to being the suffering as well. Japans minister Mr. Nakagawa, quits in the middle of a bad time for Japans economy which cannot help the government any. Even though there may be some reasons not related to his departure from office, him leaving still is not good right now in a crises. They say even if he would have stayed in office the current quarter could have been just as bad.
This just shows that it is not only the United States suffering from economy downfall. The whole world is suffering in some kind of way. Even the article we read the other day for class said that Germany is having zero job growth right now. If countries don not start to figure out something to help the countries in some kind of way there will be an even bigger world problem and not just in their own countries.

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