To: Ernest_at_the_Beach; TigerLikesRooster
WOW, over here in Tokyo as I Freep, the US dollar is getting kicked to the sidewalk; it is now 96 Yen to the US Dollar. 10 p.m. Eastern Time Sunday night.
I don't think I have seen these levels in 12-15 years!
Well, there goes Hawaiian real estate! Visiting Japanese in limos will be putting down hard cash, 100% of the sales price, after just driving by condos that meet their fancy, parking the car (with the engine running) and negotiating with the owners directly, paying with Yen-based traveler's checks on the spot. Talk about "bargain basement." YIKES.
21 posted on
03/16/2008 7:06:59 PM PDT by
AmericanInTokyo
(The GOP serves a huge cr*p sandwich every 4 years to Conservatives, & sez "shut up!, no choice!")
To: AmericanInTokyo
Maybe you should cash out in Japan and move to Hawaii....
To: AmericanInTokyo
To: AmericanInTokyo
There was a report that Fed beefed up manpower to handle bank runs. When some banks(even if they are relatively small) go under, dollars would tank further, and Japanese could buy stuffs real cheap.
34 posted on
03/16/2008 7:14:05 PM PDT by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: AmericanInTokyo
I don't think I have seen these levels in 12-15 years! Lowest since 1995 they say.
122 posted on
03/16/2008 8:29:42 PM PDT by
1066AD
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