Economic Conditions of Japan
Japan is currently in an economic recession. We can see that the value of the yen is falling; unemployment is rising, and purchasing of durable goods is down. This unhealthy state of economy has progressively become bleaker over the years.
Many believe that the start of the slump was due to the economic bubble in the late 1980’s when low rates encouraged an inordinately large amount of investment. When a country has an elevated investment rate, large amounts of capital stock are purchased. This means that an elevated rate of investment must be maintained in order to accommodate for the high levels of depreciation. In the early 1990’s when investment began to slip asset values imploded. As a result, banks were making bad loans. The Japanese government was not quick to react, and by 1998 many major banks were on the verge of collapse.
To try to combat the trend of failing banks, the Bank of Japan Governor, Masaru Hayami, started a “zero interest rate policy” in 1999. This move built confidence in Japanese banks and the Japanese economy. However, this positive reform did not last. Banks were not using this recovery policy to write off their bad loans. They also did not get rid of very risky stock market shares. Hayami became fed up with the actions of the banks and raised interest rates in August of 2000. Then when the stock market began falling, those risky shares that the banks owned caused them to lose even more money.
So now the country is a facing a major problem: what to do about the losses experienced the stock market and from default loans. In the worst-case scenario calculated by Merrill Lynch credit analyst Koyo Ozeki, banks would have to write off more than 70 trillion yen in loan losses. In order to do that, banks would have to pull the plug on thousands of deadbeat borrowers. This would be devastating to the unemployment rate.
Japan’s unemployment rate is currently at 4.9%, which is a postwar high for the country. This is due in part to the number of workers losing their jobs. Another big part of the increase in unemployment is due to the increase in the labor force.
The year 2008 was a very scary one for anyone involved in the US stock market. Due to subprime lending, and cheap mortgages, the housing market became grossly overinflated. Naturally, as with a balloon that’s filled too much, it “popped”. The resulting collapse of the housing bubble had severe implications for the rest of the US economy, housing, and related industries such as lumber, construction, and realty all came crashing down, and the people employed in those fields soon found themselves out of work. As with the stock market crash of 1929, fear of the economic instability caused people to pull their money out of any investments they had. This can be a problem for a healthy bank, being unable to supply the money people are requesting if it’s tied up in loans. However, this would prove to be an even bigger problem if the money never existed in the first place, and would take down one of the largest scams in American history.
In order to understand how Richard Nixon was involved in Watergate, Americans must know who he was. Nixon stared his career in politics in the year 1947. His first political job was working in the House of Representatives. After that, Nixon became a Vice President for two terms (“Watergate: The Scandal That”). Later, in 1962, he said that he was retiring (Ehrlichman 33). However, he ended up running for president in 1968 and became president in 1969 (Ehrlichman 37; “Watergate: The Scandal That”). He was reelected for the next term (“Watergate: The Scandal That”).
Richard Nixon performed well in Whittier elementary school, but due to his brother Harold being diagnosed with tuberculosis, Nixon's parents sent him to Fullerton High School instead of Whittier High School(Black). His education would continue on to Whittier College, once again to Harold being ill with tuberculosis, which he helped take care of and work at the family gas station. Nixon's field of study would include student government, drama, and football (nixonlibrary.gov). He would graduate from Whittier in 1934 and go on to receive a full scholarship to Duke University of Law. Nixon would go on to graduate third in hi...
Finally after graduating from the Duke University he went back to Whittier, where he worked in al old law firm for various years. Nixon wanted something bigger than that old law firm, but World War II interfered and he ended up working in the distribution of tired for the Office of Price Administration in Washington, D.C. before he actually took part in the war as a lieutenant in the navy. Before he was done with his active duty the Republicans started asking him if he could run for a seat in California’s 12th congressional district in the House of Representatives. In 1930 for the first time the Republicans obtained control of Congress.
Nixon is a very well-remembered president, however, he isn’t remembered for all the good things he did rather all the trouble he caused the country. Richard Nixon was born January 9, 1913 in Yorba Linda, California to his parents Frank and Hannah Nixon. Nixon was the second of five kids. Richard’s father was a service station owner while his mom was a Quaker who had strongly influenced Nixon (Richard Nixon). Nixon went to Fullerton High School then later transferred to Whittier High School and ran for the student body president. He attended Whittier College and graduated in 1934. He then received a full scholarship to Duke University Law School in Durham, N.C. After completion of law school he returned to Whittier to begin practicing
Japan has moved on since then. They now have become one of the world's wealthiest countries and one of the United States' most powerful allies. Although Japan was hurting for a while, they overcame their struggles which is testament to how strong the people of Japan are, just ask Tamiko Tamonaga and Sachie Tashima. Word Count: 888
An often media scrutinized and citizen adored President, Richard M. Nixon was a liberal Republican that led his political career in a manner that not only caused great controversy during his time, but has also set limitations for contemporary Presidencies due to his over-zealous attempt of executive supremacy. While considered to be relaxed and humorous as an individual, politically he was considered an unstoppable and evil deviant to the political process. His stubborn attitude and relentless political agenda to obtain greater executive power, led to the events of the Watergate scandal and United States v. Nixon. The latter has proven to be one of the most influential cases in the last fifty-years, as it taught the nation to further question the lawful actions of both the U.S. government, the courts, and the President.
This book of memoirs should be intended to anybody who is interested in becoming a good politician. In conclusion, the ways that he lived his life were different then most, especially in the "arena". His lessons throughout his own life showed that he went through everything early and late in life the hardest way possible, even in college. He did what he had to do, to finish and become the best he could have with the conditions given to him. Nixon could have quit, but he didn't and pulled through and lived his life one step at a time, broken and angered. The most important thing is that he kept strong and mentally stable at all times, which made him the great politician he was.
Richard Milhous Nixon was born into a poor family on January 9, 1913, in Yorba Linda, California, and was raised in the nearby small town of Whittier. His mother, Hannah Milhous, was well educated and a religious member of the Quaker Society, while his father Francis Anthony Nixon was uneducated, had no steady jobs, and was accused of being quarrelsome with nearly everyone around him (American President, http://www.americanpresident.org/history/). Nixon was very introvert as a child. He had a difficult early life with series of hardships, which made a lasting effect on his character and personality. He did not fit in with most of his peers and had a lifelong difficulty of trusting people outside of his family (Nixon, 1978, 5-15). His anger was kept inside of him, which motivated him to develop a sense of competition and struggle, and inspired him to excel in school. He became the valedictorian of his grammar school and was an excellent debater in Whittier High School. It was also there that he met first long-term girlfriend, Ola Florence Welch. Ola Florence was known for her beauty and strong character, with a brain to match. The two quickly fell in love and stayed together for six years. Ola Florence became engaged to Nixon in 1933. However, their romance fizzled as Ola Florence broke off their engagement in 1935 (Aitken, 1993, 58-65).
Credit structure was another factor; farmers were indebt owing land mortgage and crop prices too low to ever help pay of the due. Small & large banks in trouble as in 1920’s customers defaulted on loans that suffered because of the market crash.
Born on January 9, 1913, in Yorba, Linda, California was Richard Milhous Nixon. He lived on a lemon ranch owned by his parents Francis Anthony Nixon and Hannah Milhous Nixon. Richard has four other siblings; he was the second of the five brothers. The Nixon family experienced financial hardships and death of his two beloved brothers. The family moved to Whittier, California, there they had a grocery store and a gas station, which all the Nixon family worked in to make ends meet. Nixon spent his three years at Duke’s University law school, he graduated in 1937. He met Thelma Catherine “Pat” Ryan in 1938, Nixon was smitten by her and pursued her, soon enough they married on June 21, 1940. In 1942, the Nixon family moved to Washington, D.C., where Nixon got the opportunity to join the Office of Price Administration. He quickly left to join the Navy in 1942. After his discharge, his political ambition rekindled when Republicans in California where in search for a con...
Japan needs to have more babies. The population of Japan is declining, and the birth rate is a base problem. People just aren’t having enough babies anymore. This will be problematic, as Tomm says “The consequences have had negative effects as fertility rate continues to decline and life expectancy continues to increase”. After the birth rate has been declining for the past four decades, the old far outnumber the young at a ratio of nearly 2:1(“Japan Age structure”). There aren’t enough workers to pay into social security. Social problems like traditional gender roles and stereotypes negatively impact the growth of the population. Because of their work-centric lifestyles, social problems, and child related expenses, Japan’s birth rate is severely declining.
"They may forget your name, but they will never forget how you made them feel" (Maya Angelou). A nursing assistant can impact a patient’s health by checking and making sure they are getting better each day or by just being there for them. A nursing assistant makes a patient more comfortable and has the time to listen to them and makes a nurse work easier to have enough time to check on every patient in the hospital or in the facility. Preparing themselves with a good education to take care of all those patients that need that love and caring nurse, and being ready for all the job responsibilities that there’s is to work in a facility to make a patient’s life a whole lot of better. The job outlook keeps growing due to the fact
Technology has given individuals the opportunity to change the game of bullying. Cyber-bullying is one of the most common forms of bullying as of today. The Internet has no boundaries so the public has access to endless and countless number of things. Cyber-bully is the electronic posting of mean-spirited messages about a person (as a student) often done anonymously according to Merriam-Webster dictionary. While traditionally bullying and cyber-bullying are very comparable in forms of technique that also have many differences. Cyber-bullying gives the bully the benefit of hiding their identity behind a screen. This makes it easier to tear people down because they do not have to come in contact with anyone. It’s the easiest form of bullying. These can happen in text messages, chat rooms, email, websites, excluding people from certain online activities, digital photos, and social media. Cyber bullies have unlimited supplies of ways to hurt someone. It is difficult to conduct a study on cyber-bullying because the majority of people will not confess or admit to it. Instead, in the article “Cyber-bullying among adolescents: Measures in search of a construct.” Researchers sit and listen through the grapevine on what is going on inside of schools. They found out that cyber-bullying is more dealt with within adolescents than traditional interaction bullying. (Mehari, K. R., Farrell, A. D., & Le, A. H.) Cyber-bullying can cause more
Unemployment rates is the number of unemployed people divided by the number of people in the labor force. According to IndexMundi (2018), the unemployment rate of whole world in year 2017 is 7.9%, which was increased 0.6% compare with year 2016.