>yen just fell to all time lows against EUR, GBP, approaching lows in USD, CAD, AUD>BoJ rate hike did nothing to stop the bleeding>can't go over 2% or millions default on their mortgages>wages are low and inflation out of control>Takaichi announced a stimulus package (turning on the money printer)Wtf is Japan doing? At this rate they will turn into a third world theme park for foreigners.
>>61518887They have mortgages in Japan?Everyone keeps telling me people in Japan have depreciating houses. Why would you get a mortgage if everyone just rents which is superior?
What are the long term ramifications of the BOJ losing control over the yen, and the yen going the way of the Turkish lira?
>>61518887Why dont they sell US treasuries? CHINA would probably back the play, especially if the euro tanks because they refuse to change or adapt to changes.
>>61518896Because the US is the greatest ally and it protects Japan from china etc. National security is the most important.
>>61518887They will import millions of jeets
Japan's work ethic is the best work ethic in the world. They will always be the best country in the world. Imagine comparing Europeans to Japanese people. Fuck you all.
>>61518887weak yen is good for exports
>>61518924/thread
How is it that /biz/ thinks every country is collapsing?
>>61518887I remember when RUB used to be relevant
>>61518924>weak yen is good for e-sports?You sure?
>>61519218Terminally online neets that love being contrarians and have 0 experience about the real world. The learn some small things about different countries from /pol/ and youtube and they believe they are connaisseurs about something. Pseuds.
>>61519218They're jeets who are coping because the only way India becomes a superpower by 2050 is the total collapse of the top countries
This actually worries me because I get paid in Yen (I'm a famous pixiv artist)
>>61518887It's only an issue for importers, the export market will grow and tourism will get even bigger now that the yen is weaker.
>>61518922They make nice stuff sometimes, but it doesn’t matter, because they are nigger-brained when it comes to economics.All of them are Keynesians. They’ve never heard of Austrian economics or free markets. They think silver is a scam and not real money. Every morning when the Japanese market opens, they short silver and platinum.I was recently part of a group where our sole focus was buying up all the platinum in Japan. We succeeded, and the Japanese don’t even seem to notice we bought up all the platinum that they need for industry.Japanese are wonderful craftsmen, and the worst economists to ever exist.
>>61518887>they will turn into a third world theme park for foreigners>implying they aren't already
>>61519641I replaced all my Japanese electronics with Chinese electronics.My $5000 AUD Japanese drawing tablet is getting mogged by a far superior $1400 AUD Chinese drawing tablet.Why wouldn’t I just buy Chinese stuff?
>>61518924>making less money is good
>third world theme park for foreignersYUH. IMMA GO WILIN OUT IN TOKEY-YO YUH. BUSS A BUT INNA FINNA LINGLING. YUH. DROP CASH ON A BLING BLING COME GIT YO DINGDING. WE FINNA BE THERE IN TOKEY-YO. YUH.
>>61519641export in the modern era does well with really strong protectionism. We'll see if that becomes the new meta.
>>61519698It’s like this with TVs too>hmm should I buy a 75 inch TCL TV for $1,500 or a slightly “better” 65 inch Sony TV for $2,000
>>61518887how do we profit?
>>61518887>BoJ been selling its USD reserves amassed during the 80's to prop up the value of the Yen for 30 years>Invented quantitative easing>Has a 230%+ Debt-GDP-ratioTook long enough for the Yen to collapse
>>61519218there's a global debt crisis that will eventually pop
>>61518896>just sell the one thing in your arsenal that’s actually a net money maker instead of money loserNigger they’re getting a fat 2% yield just for doing nothing but printing money out of thin air and lending it out.
>>61518922You talk like a spastic weeb. You're probably still a virgin
>>61518924>making yourself poorer will make people work harder and its a good thinglol
>>61519471what kind of furry diaper porn do you make?>>61519688Austrian economics is the only real school of economics
>>61518887It was the only country on earth that wasn't flooded with niggers and mudslimes, so (((they))) are now trying to introduce them in Japan as well.
>>61519857This is the type of greed you get sent to hell for
>>61518887japanese are the biggest jew cocksuckers and their willing slaveswhy do you think the jews talked up a dumb monkey like Shinzo Abe, because he was their willing slavethe japs enabled the yen carry trade for decades which allowed jews to borrow cheap and speculate in western markets and impoverished the japenese populationnow they have the highest debt in the world, their currency is dying and the gig is upthey have destroyed their future for jewsand the current stupid bitch they have has no clue what shes doing either
funny, how quiet the usual jap shills are
>>61518887Japan is the new Thailand. Once their car industry collapses, boom boom, yum yum, and lady boys will be their main industry.
>>61518922>work ethiclol. No.Anyone who has actually worked there knows they have a work ethics that matches the Thais. They sit around doing very little, other than having office affairs but put up appearances like leaving after the boss.As a whole they aren’t very productive. I can promise you after managing sales in America and managing sales in Japan, Americans are far more aggressive and about 10x productive.
>>61518924>competing against China.You’d want to have some high profit niche exports, apart from the global Supply of zippers
>Funding currency >All-time low after all time low >Interest rate differential favoring even the Euro over the yen
>>61518896>if the euro tanksYeah in two more weeks.
>>61523348It's true that sadly, it's becoming a theme park for white young scum and wealthy Asians, mainly Chinese. Japan flew too close to the sun and was punished by EFL whites.
>1.25 tfr for decadesBUT HEY ITS GREAT THAT BOOMER INVESTMENTS KEEP GOING UP
>>61519218This thread is about the yen collapsing thoughbeit.
>>61518887China won't even need to fire a shot to nueter japan at this point. Thank you trump lmfao
>>61518891Houses even in Tokyo are fairly cheap at least compared to most, so I assume mortgages are fairly short. Idk wages are ass in Japan
>>61524568You can get a small appartment in Osaka for like 600$ a week. Very cheap compared to the west. Even if immigration is increasing, it hasn't reached the levels of madness of western countries.
>>61524446
>>61519768My TCL TV was the biggest piece of shit I've ever had, but go be fair it was like $200 not 1k (you're fucking crazy if you buy a 1k TV that isn't a straight up movie theatre, and even then just use a projector).My Phillips is way better. Never had a Sony TV, not sure if I've ever had anything Sony that wasn't music or PlayStation related. Anyway fuck you and your Chinese glazing bot ass
>>61524631I'm praying for Japan, this just makes me depressed.
>>61524631>You can get a small appartment in Osaka for like 600$ a week*A month, sorry.>>61524656Thank you :)
they aren't profiting as much from the weak yen, lots of their factories and supply chains are abroad; it's a mismanaged colonial state shitting on it's own population and doing nothing to reverse the demographic crisis
