Trying to keep in the theme of posting more threads about Japan itself here is some more news about the economic recession going on in Japan. People are calling this Friday Black Friday in Japan.
More economic news from Japan and not good news. NEC Corp announce major layoffs along with Hitachi. Also, Honda took a pretty big hit basically reporting its for loss in a long time.
This article can go pretty much with the article i posted last week about declining birthrates in Japan as as we can see the economic problems and cost of living within Japan itself is linked to the declining births.
So what is everyones opinion on this news? Ideas on what Japan can do to help it citizens or just any thoughts you might have in general.
Article below.
27,000 to lose jobs in Japan as demand slumps - CNN.com