One would not even open the newspaper – the latest edition of Nikkei Weekly, one weeks sheet on the economy in English, overturned only so with bad news – you'd think, the world is going in the next few days,. The Nikkei index (Pendant zoom shots Dax, of the same name as in the newspaper title is no accident) roars incessantly down and the yen, however, upward. Were there three weeks ago still 167 Yen Euro für den, This year there are just over 140.
Japan's banks falter even a little bit because of the housing crisis, but they are much safer than American (and how it looks, apparently so many European) Banks – because the banks in this country have the similar game played in the early 1980s – and lost.
Japan is, Like Germany, extremely dependent on exports, and when the ailing, will that have serious consequences for Japan. The reaction to all this should probably be similar in both Japan and Germany: Shaking head, fear, hope and (green) Tee trinken.
Talking about economic – Last week was suddenly a bigger company bankrupt. Calling itself the gateway 21 and taught Japanese to study / school abroad. A very costly business – for 3 Months in the States you can so with about. 750,000 expected yen (also rd. 5,000 Euro). Then it was “Glass Pipe” – and the President declared bankrupt. And about hinerlässt. 12 Millions of dollars in debt.
Dramatic scenes took place – People, the money already complete (have worked very hard for many – study abroad a life dream for most Japanese is) had paid, learned, that they probably will not see again. Student, who are currently abroad, were suddenly thrown from their schools and accommodation.
This contrasts with the lifestyle of (probably quite dictatorial ruling) Company President: The Mr. Fukui has a very large villa, some Ferrari and other luxury. Since then it should probably go out a lot of bankruptcy. For the banks, at least.
The Word of the Day: Prostrate – dogeza – the highest form of apology – to kneel and bow his head down to the ground (similar to kowtow). Fukui made this week at a press conference – and it was abused by a number of attendees in a very angry way unjapanische.