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Martin Burrett

Babadum - 16 views

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    "This is a fab HTML5 language learning site which tests your language skills through a series of games with 1500 words. The site collects stats on your performance. The current 21 languages include English, Spanish, German, French, Chinese, Japan, Italian, Russian, Polish and many more."
Dave Fones

Japanese Real Estate Bubble Recoverry? - 0 views

  • look at economic trends
  • it is becoming more apparent that we may be entering a time when low wage jobs dominate and home prices remain sluggish for a decade moving forward.
  • looking at the Federal Reserve’s quantitative easing program, growth of lower paying jobs, baby boomers retiring, and the massive amount of excess housing inventory we start to see why Japan’s post-bubble real estate market is very likely to occur in the United States.
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  • both economies had extraordinarily large real estate bubbles.
  • Massive real estate bubble (check) -Central bank bailing out banks (check) -Bailed out banks keep bad real estate loans on their books at inflated values (check) -Government taking on higher and higher levels of debt relative to GDP (check) -Employment situation stabilizes with less secure labor force (check) -Home prices remain stagnant (check)
  • the United States had never witnessed a year over year drop in nationwide home prices since the Great Depression.
  • home prices are now back to levels last seen 8 years ago.  The lost decade is now nipping at our heels but what about two lost decades like Japan?
  • the U.S. has such a large number of part-time workers and many of the new jobs being added are coming in lower paying sectors signifies that our economy is not supportive of the reasons that gave us solid home prices for many decades. 
  • young Japanese workers, some in their late 20s or early 30s, already resigned that they would never buy a home.
  • The notion that housing is always a great investment runs counter to what they saw in their lives.  Will they even want to buy as many baby boomers put their larger homes on the market
  • many of our young households here are now coming out with massive amounts of student loan debt.
  • Lower incomes, more debt, and less job security.  What this translated to in Japan was stagnant home prices for 20 full years.  We are nearing our 10 year bear market anniversary in real estate so another 10 is not impossible.  What can change this?  Higher median household incomes across the nation but at a time when gas costs $4 a gallon, grocery prices are increasing, college tuition is in a bubble, and the financial system operates with no reform and exploits the bubble of the day, it is hard to see why Americans would be pushing home prices higher.
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    Explains how Japan has responded to the breaking of their real estate market bubble and the effect it has had on Japan's economy
Seth Roberts

Satellite Photos - Japan Before and After Tsunami - Interactive Feature - NYTimes.com - 61 views

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    Satellite pics of Japan before and after
Bob Rowan

Twitter Reacts To Massive Quake, Tsunami In Japan - 25 views

  • Twitter users shared the tsunami’s estimated times of arrival on U.S. shores — before an official government tsunami warning
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    worth noting for volume of Twitter posts following 2011 tsunami in Japan, use of Twitter following phone outages, and sharing expected arrival time of waves in US before official government announcements
scott L

William Blake in Japan - 17 views

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    William Blake's Songs of Innocence and of Experience translated into Japanese and scans of the plates. Nice collection.
Steve Ransom

The Associated Press: Japan fattens textbooks to reverse sliding rank - 9 views

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    Alarmed that its children are falling behind those in rivals such as South Korea and Hong Kong, Japan is adding about 1,200 pages to elementary school textbooks. The textbooks across all subjects for six years of elementary school now total about 4,900 pages, and will go up to nearly 6,100.
Meredith Stewart

Kids Web Japan - 2 views

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    Information on Japanese cultural and history. Includes fun games and activities
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