Japan is that guy who slays giants but gets mugged.
-3 ( +0 / -3 )
Americans have pretty good defense but not so great forwards. The Netherlands isn't exactly the strongest team either so who knows ?
2 ( +2 / -0 )
No bullet-proof glass ? No steel barrier ?? No padlocked merchandise ???
This is dystopia. Dystopia I tells ya !!
-3 ( +1 / -4 )
What is the appropriate rate for yen ? One dollar for 100 yen ? One yen for 100 dollar ?
No let's leave it to the market to decide.
The market did that.
Then people cry why is it so cheap ?? Do something.
And we're back at square one.
0 ( +1 / -1 )
Just ban this before it happens. Halloween is just an excuse for some people to turn the city into a playground.
-2 ( +1 / -3 )
By interest rate you mean THAT interest rate ? The money you give the bank when you take a loan from them ??
I wonder if Japan, you know the country with the largest debt on earth, had to start paying it ?
4 ( +9 / -5 )
They intervened again this morning. Lasted only a few minutes before the gains were wiped out.
That would be $20 billion. Thank you come again.
10 ( +12 / -2 )
Gotta love JT readers who say why doesn't Japan be more like Britain.
-1 ( +2 / -3 )
The funny thing is that cheap Yen has been what Japan wants all along. Now they get it no one knows what to do. Boosting manufacturing and export ? Unlike before, today everyone from China to Vietnam is also making the same thing and one reason fuel prices go up is because they all also buy it for their own economies. Can Japan compete for resources, more importantly for brains ?
Japan should really explore being a Thailand. So what if the economy depends on tourism ? We all know the country is shrinking so instead of insisting on a revival better focus on soft-landing.
3 ( +5 / -2 )
When did you realize that the free world resembles Putin's Russia
0 ( +2 / -2 )
It's not that Yen is weakening. It's just moving to its appropriate place.
8 ( +9 / -1 )
Who are the puritans who are the progressives I can't tell anymore.
-2 ( +1 / -3 )
I miss the days when US' interests were just cheap oil.
3 ( +3 / -0 )
Today I learned that it is okay to discriminate against religions.
-1 ( +0 / -1 )
It is normal when your currency is weak, it helps exporting side of economy.
The reality is Japan has been running record trade deficit for more than a year even with a weakening currency. You can't boost export when there is nothing to export.
-1 ( +3 / -4 )
Here's a simple fact.
People used to see 1 dollar = 100 yen. A high earner is someone who earns six figures or 100 thousand dollars or 10 million yen.
With today's rate 10M yen is about equal to $66k. And to earn this much you don't need to be in tech or finance in America. You can probably get it flipping burgers.
So if there are smart people in Japan which I believe are plentiful, the smart move would be to go to America and flip burgers.
-5 ( +7 / -12 )
DON'T sell your YEN. Hold it until the exchange rate reverses in your favor.
Foreign workers send their money home. You're telling them to let their family starve ?
-5 ( +4 / -9 )
I just watched two videos on Yt, one is about tourists from Vietnam and Hongkong splurging 1 million yen on Gucci bags and watches. The next is Japanese going abroad to look for jobs.
Clearly first-world and third world terminology needs redefinition.
-1 ( +1 / -2 )
Japan, great for tourists, terrible for workers. Sounds like a Caribbean country really.
2 ( +14 / -12 )
Who would BUY energy from Russia after it has yada yada bad things
Europe STILL would.
-2 ( +3 / -5 )
Who would sell Europe gas after this war ?
Who has the equipment to plant explosives on a seabed ?
But thinking is dangerous. Just wait until Washington Post or CNN explains it to you.
-1 ( +5 / -6 )
Which is to transfer them to somewhere else they didn't even expect nowadays.
Precisely. They are all sent to a remote Pacific Island, Rwanda, or Martha's Vineyard.
3 ( +4 / -1 )
Remember how JT readers were like when Yen was very strong 10 years ago ?
They were just like now when Yen is very weak.
1 ( +6 / -5 )
I earn in USD.
Let the good times roll !
-1 ( +12 / -13 )
You will own nothing
and you will be happy
-4 ( +8 / -12 )
An association with a religion could reshuffle an administration and start background checks on politicians.
All I say is if discrimination on religion is acceptable the carry on. Just be ready to apply that rule equally.
3 ( +4 / -1 )