All insolvent idol group “The Margarines” to debut, total debt of all members: 127 million yen
Debt is a major problem facing people of all ages today. Many young graduates head out into the world already handicapped by a shrinking job market and crippling student loans while their parents have to deal with drying pensions and stagnant real-estate market. It’s a heavy burden that requires a combination of luck and hard work to pull oneself out of, but with some sensible fiscal planning it is possible.
Or, you could do what the nine young women in The Margarines did and pursue a career in the pop idol industry. Their mission is to sing and dance their way out of a combined 127.7M yen (US$1.17M) of debt in an already heavily over-saturated entertainment industry. How could it possibly fail?
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The Margarine’s roster
Akino Fujiwara (aka Group Leader)
Debt: 7,000,000 yen ($64,000)
Reason: Student Loans
Ran Takahashi (aka Kabosu)
Debt: 500,000 yen ($4,500)
Reason: Owes mother for supporting her move to Tokyo to pursue dream of being an actor
Miku Ono (aka Subu)
Debt: 4,000,000 yen ($37,000)
Reason: Student Loans
Mary Christine Krause (aka Gel-san)
Debt: 2,200,000 yen ($20,000)
Reason: Owes parents for tuition to study in Japan
Miu Mishihara (aka Miuuuu)
Debt: 3,000,000 yen ($27,000)
Reason: Debt to parents after changing high schools
Kanami Yoda (aka Kanami-chan)
Debt: 3,000,000 yen ($27,000)
Reason: Started a new business and failed
Natsumi Watanabe (aka Okka-san)
Debt: 5,000,000 yen ($45,000)
Reason: Was taken in by a scam
Yua Kinoshita (aka Mouse)
Debt: 3,000,000 yen ($27,000)
Reason: too many spas and amusement parks
Mami Nishida (aka Plant Manager)
Debt: 100,000,000 yen ($915,000)
Reason: parents went bankrupt