Japanese Yen is collapsing
- Thread starter CDDP
- Start date
Putins fault
Well the Euro is taking a massive dump too. What do Japan and the EU have in common? Both are massive energy importers. Russia has tons of energy.
How does this affect my savings account aka my comic book collection under my bed?
Probably won't be good for the world economy if the third largest economy (Japan) has their currency fall out of bed. Also, Japan is the biggest buyer of US debt (they overtook China) if they stop buying our debt to stabilize their currency it's just another country that is no longer funding our broke entitlements.
Rube Reaper
Elite
It means yank dollars are worth more you stupid rube.
A strong dollar lowers inflation and Japan relies on exports so a weak Yen is critical to them.
BigBucnNole
Elite
It'll balance. Japan is the most developed economy in Asia with a navy to safeguard trade. You'll get cheaper insurance using more efficient sea lanes to move goods from output to consumer markets.
They also have a pretty cool end of chain production line that uses Japan proper almost like a bank to buy inputs in Asia, ship them to America and manufacture here. Skips the whole aging debacle, and corcumvents higher cost of US material.
They also have a pretty cool end of chain production line that uses Japan proper almost like a bank to buy inputs in Asia, ship them to America and manufacture here. Skips the whole aging debacle, and corcumvents higher cost of US material.
Uncle Muscles
Elite
Send their women refugees to me and I will lead the humanitarian effort
BigBucnNole
Elite
Japan is resource poor with the bulk of their production process out of country. You obviously can't be a net exporter in that scenario. Maybe under the Tokugawa Shogunate they were net importers contracted with Dutch, but they've never been internally self sustainable.
When Does the Japanese Yen and/or Bond Market Totally Collapse?
I have been following this chart but have not commented on it. Jim Bianco at Bianco research posted a series of Tweets well worth a look. Tweet Thread The
mishtalk.com
I know.
I don't think that Honda or Toyota is Made there anymore
Rube Reaper
Elite
So President Biden, The People’s President, has made the yank dollar the strongest currency in the world…
Shocker
Shocker
It’s a safe bet to doubt the credibility of most things on this site
absoluteUnit
Check out the size of this lad
I keep the entire Japanese economy afloat by the sheer amount of used panties I buy from overseas
Densel
Poster
Densel
Poster
Im still getting to know this place so im not sure about that but the news piece in this thread is still unbelievable, it seems unlikely and none of my credible sources say anything about it.
There is a ton of irony, sarcasm, shit slinging and disrespect on here but it’s all in good fun (for the most part). Buried under that you will find some good discussion here and there
Uncle Muscles
Elite
Jtrain80
Legendary
Hot potato?
Got it now.
So this will devalue our dollars w a bond call? I have an understanding of the markets bUT don't really know the ins and outs
So won't this just bring more dollars off the table?
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