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

Skip to comments.

Here's What's Behind The Collapse Of The Japanese Yen — The Biggest Economic Story In The World
TBI ^ | 12-27-2012 | Joe Weisenthal

Posted on 12/27/2012 7:52:42 PM PST by blam

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-29 last
To: blam

hedge fund guy Kyle Bass believes the japanese yen drop is being driven by a sovereign debt crisis in that country

http://www.zerohedge.com/news/2012-11-20/kyle-bass-end-debt-super-cycle


21 posted on 12/27/2012 10:23:32 PM PST by Reverend Wright (1990 Budget Agreement: learn from other's mistakes)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dr_lew

And to think that it was 320+ yen back in the wee early 70’s. Amazing!


22 posted on 12/28/2012 12:35:12 AM PST by nfldgirl
[ Post Reply | Private Reply | To 12 | View Replies]

To: blam

Japan has the highest debt to GDP ratio of any country bar none. Japan’s debt to GDP ratio is about 2.33 to 1. A ratio above one is generally a cause of concern in the financial markets.


23 posted on 12/28/2012 12:53:13 AM PST by monocle
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cringing Negativism Network; ClearCase_guy
Well, sorry, I'd like to think that the economy is languishng but that isn't what the data seems to be showing. Holiday sales were down slightly, but new home sales have rebounded, realtors I know are starting to do better, and any restaurant or mall you go to is full of customers. Dayton, a depressed town, has cranes up all over. I have raised this point about shoppers and restaurants now for two years and the only answer I get here is "credit cards." We'll, credit runs out and supposedly banks aren't lending, yet people keep spending. Yet there is no inflation.

China's manufacturing sector has slowed, Europe is a mess, and we're still the last place to go.

So, despite the debt and deficits, you aren't seeing the inflation that has been predicted fo SIX YEARS, nor are you seeing enough economic hardship that people would turn out the Dems. My conclusion has to be, then, that things aren't all that bad, and certainly not bad enough to spark widespread unrest. There is some venture capital for sure-fire projects, although high risk stuff is still tough to finance.

It's possible this is a lull before the taxamaggedon---but again we heard this for years now, that it's all "about to blow." So far, again aside from debt, no big indicators this is happening.

24 posted on 12/28/2012 2:46:51 AM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Individual Rights in NJ

Don’t think stocks are “crushed”-—they just haven’t moved for 3 years. We were at 14,000 under Bush, fell to 10,000, and ve hung in the 12,000 for a while. In a robust economy, we should be at 17,000-18,000 Dow.


25 posted on 12/28/2012 2:50:40 AM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
[ Post Reply | Private Reply | To 6 | View Replies]

To: erlayman

Japan has far mor serious problems than a falling yen or the BOJ. It’s population is aging faster than any in the world, Japanese youth are depressed and according to most sources and polls “without hope” for a better futur, and about 1% of young men are “shut ins” literally not leaving their rooms for YEARS. This is not a yen or trade problem.


26 posted on 12/28/2012 2:58:01 AM PST by LS ('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Democrat_media

Thanks I wondered how Joe Weisenthal suddenly became trustworthy


27 posted on 12/28/2012 4:10:33 AM PST by gusopol3
[ Post Reply | Private Reply | To 11 | View Replies]

To: blam

Just another “unexpected” story from a so-called expert crap shoot at the local financial casino.


28 posted on 12/28/2012 4:38:47 AM PST by existentially_kuffer
[ Post Reply | Private Reply | To 1 | View Replies]

To: LS

The fundamental cause of deflation is a protracted downward trend in Japan’s GDP growth caused both by the decrease in the number of workers and declining productivity. They need a combination of approaches to end it: Monetary easing, a higher consumption tax, boosting domestic demand (especially among the elderly) bringing more old people and women into jobs to counter the decline in the working-age population, free trade, etc.


29 posted on 12/28/2012 7:43:05 AM PST by erlayman
[ Post Reply | Private Reply | To 26 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-29 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

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