International Inflation

The economic crisis is not just in the US even once prosperous Japan has suffered from there greatest drop in industrial output ever. Its production fell about 10 percent in January since its importers cut back due to economic crisis they've been having too. Due to this demand for Japanese cars and electronics have gone done and the unemployment rate has gone up the numbers of jobless people rose from 210,000 to 2.77 million in January alone! Tent cities have been popping up everywhere to house the jobless and homeless. Such unemployment has made people homeless and lose hope people are just accepting defeat. If this isn't fixed fast people will start rebelling and other people might get hurt.



Here is a man who rented a net room as a temporary home so he won't become homeless.







Lah, Kyung (February 27, 2009). Japan sinks deeper into recession. Retrieved February 28, 2009, from cnn.com/world business Web site: http://www.cnn.com/2009/BUSINESS/02/27/japan.recession.jobs/index.html