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Showing posts with label big 3. Show all posts
Showing posts with label big 3. Show all posts

Wednesday, November 19, 2008

Rise in unemployment sparks suicide bids in Hong Kong

This is how the Chinese deal with financial ruin and distress over the job prospects ( or lack of )
with the big three looking to to tank next , an estimated 3 million people will be out of a job ( just in America I believe ) If the Government can help out the stupid banks that helped start the ball rolling , and the even stupider people who were ignant enough to take one of the stupidest mortgages ever put on paper , Then they most certainly should Help out the big three with their problems , they are the ones employing people at a bad time in our history ,Its only fair !!!!
No jobs , No houses , we could start seeing Suicides here like in China!!!
From China news

A jobless driver leapt to his death from the 33rd floor of a building in Hong Kong, becoming the latest victim of the economic downturn, the police said Wednesday.

The 29-year-old married man was confirmed dead at the scene after jumping Tuesday evening from the window of his flat. He had been out of work for a month.

His suicide came as government statistics revealed growing job losses and a fall in the number of job vacancies in the city of 6.9 million people.

On the same day, a decorator who had just lost his job prepared to jump from a window in a flat where he had been working, but was talked down to safety.

The cases are the latest in a series of suicides and attempted suicides in Hong Kong that have been linked to debt and the economic slump.

Last month, a 62-year-old businessman leapt to his death from the eighth floor of a building after suffering huge losses as the stock market posted its biggest selloff in more than 10 years.

In September, a 59-year-old businessman and his wife killed themselves and their two-year-old son because of the fear that they faced financial ruin.