NOTHING - Even if they were given good advice they would not listen to you..
I see the only option for the failed banana republic ( J Gov not the Japanese people) is to peg the Yen to the dollar at say 100:1...
Remember, the country is managed and run by over-privileged, self-centered and complete morons, so don't be surprised if they continue act and live up to their reputation.
Lock it in while you can with long-term oil and other raw material contracts. Go on a spending spree abroad to buy up the parts producers needed to support high-end domestic production. Bring in more foreign labor at five-year contracts. The Yen is probably about 20% overvalued; in two or three years, I expect it will be back to around 100 to the dollar. Use this time wisely!
With the Swiss making a strong move to protect their expoters, the Yen has effectively been crowned
King Yen
of the currency world...
Japan should leverage that to Destroy non-state players speculating in the currency market, i.e.,
Wall St. Scambags
Japan can easily play the Spoiler against those corrupt cretins that paid lobbyists to have the system rigged so that they could exploit it, at the expense of the tax paying public.
11 Comments
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some14some
Hedge Fund Dealers please come forward and post your comments.
tkoind2
There is very little the government can do.
ubikwit
something like what the swiss did.
ihavegreatlegs
Print a lot more money
tokyokawasaki
NOTHING - Even if they were given good advice they would not listen to you..
I see the only option for the failed banana republic ( J Gov not the Japanese people) is to peg the Yen to the dollar at say 100:1...
Remember, the country is managed and run by over-privileged, self-centered and complete morons, so don't be surprised if they continue act and live up to their reputation.
Utrack
devalue it by printing more to at least cover the cost of reconstruction stop over taxing the people.
Laguna
Lock it in while you can with long-term oil and other raw material contracts. Go on a spending spree abroad to buy up the parts producers needed to support high-end domestic production. Bring in more foreign labor at five-year contracts. The Yen is probably about 20% overvalued; in two or three years, I expect it will be back to around 100 to the dollar. Use this time wisely!
ubikwit
With the Swiss making a strong move to protect their expoters, the Yen has effectively been crowned
King Yen
of the currency world...
Japan should leverage that to Destroy non-state players speculating in the currency market, i.e.,
Wall St. Scambags
Japan can easily play the Spoiler against those corrupt cretins that paid lobbyists to have the system rigged so that they could exploit it, at the expense of the tax paying public.
ubikwit
Show all of the Wall Street Cretins
that
Japan is NOT a "safe haven"
for
White Collar Criminals in the Finance Sector__
Kevin Lee Brooke
Nothing. I like it being cheap for me to go home and on vaca.
nstn123
Catch up with the US in term of printing money.