Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: The Magical Mischief Tour

If the Japanese have a lot of debt, denominated in Yen, and hold a lot of other currencies (e.g. the USD) then a suddenly strong currency is not to their advantage.


20 posted on 03/16/2011 5:30:23 PM PDT by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: coloradan

Strong Yen is very advantageous to Japan at current with such a collossal rebuilding effort ahead of them and little in the way of domestic sourcing for materials. If they’re not still too dazed, smart forward thinkers would capitalize and secure contracts now. The pendulum will swing back the other way soon enough.


21 posted on 03/16/2011 5:33:58 PM PDT by RegulatorCountry
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson