• Pat Flood (@rebarcock) passed away 9/21/25. Pat played a huge role in encouraging the devolopmemt of this site and donated the very first dollar to get it started. Check the thread at the top of the board for the obituary and please feel free to pay your respects there. I am going to get all the content from that thread over to his family so they can see how many people really cared for Pat outside of what they ever knew. Pat loved to tell stories and always wanted everyone else to tell stories. I think a great way we can honor Pat is to tell a story in his thread (also pinned at the top of the board).

Japanese Yen is collapsing

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.
 
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.
 
Costly imports hurt Japan's balance of trade this past month.



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.
 
Japanese Yen at 142 and climbing. Japan has no domestic energy and must import it and their currency is collapsing in value. Not good for Japan.




 
I doubt the credibility of this news. How in the world can the Japanese economy of all things be going downhill nowadays?
 
It’s a safe bet to doubt the credibility of most things on this site
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.
 
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
 
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.
Yea... credible sources... Sure Brian...


AridIdleEft-size_restricted.gif
 

Donate 2025

Current cycle
$0.00
Total amount
$620.00

Latest posts

Back
Top Bottom