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Japan: Jobless rate hits record high ahead of legislative elections

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Uploaded by on Aug 28, 2009

Japan's jobless rate hit a record post-war high according to new figures released on Friday, rising to 5.7 percent in July. The results increase the pressure on beleaguered Prime Minister Taro Aso, just two days ahead of legislative elections.

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  • japan has problems and their defense aka military budget is a fraction of america's! if only their export economy weren't so dependant on american spending!

  • Japan's troubles are identical to America & many other Anglo-Saxon nations:

    Banking oligarchs gouge the citizenry

    Right now Japan is trying to create a new money system that will prevent control by banking oligarchs!

  • LOL, I'm sure he will also tell you that there wont be inflation in the USA.

  • butt the world economy is recovering...just ask beernankee.

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