>Japan spent an estimated $70 billion to $95 billion to prop up falling yen in July looks like its sinking again
>>540532288Money is fake and gay. Not my problem.
>using one counterfeit current to try to prop up anotherYeah who could've predicted that it wouldn't work. "let the goyim deal in the real world". You work for money, they counterfeit it and give it to themselves.
I cannot wait for all the cheap nip whores I'll be fucking
Death to dirty japs
>>540532539buy kneepads because Japan is the biggest holder of US treasuries and selling them is the only way they can prop up yen.
>>540532512well
>>540532288We will fuck over europe to save the japs in order to keep them from getting rid of their us treasuries because their economy is failing due to high energy costs.Why would Iran do this to the global economy?
As a Reminder to everyone: A functioning society can survive an economic depression and recover quite quickly. The greatest protection against downturns is The Power of Friendship.Even on a micro-level this is true, so I hope you are friends with your neighbours.
>>540532288So....someones moving large sums out from Japan to somewhere else?...Falling yen helps their economy at long term.
>>540533084Every days deals....don't bother think them too much.
>>540534627We truly live in a my little pony episode
>>540532288They had better sell off US bonds.
>>540532288>>540534526You are morons, and I am ashamed that you are part of this community.
>>540534526Based. Fuck europoors, I'm sick and tired of their shit and would back up Japs over them any day of the week.
>>540535364Nobody gives a shit what you think
>>540535679>jeet immediately talks about shit.
>>540532288This was obviously going to happen. Japan's economy is dogshit. Government intervention isn't going to change that. It just delays the inevitable.
>>540532288go white, get the blight
>>540532288How much do they pay you for making doomer posts on /pol/?
>>540532288Euroids are going to take a portion of that bill from the US fed selling EU treasuries, with a substantial portion printed via QE. I'd hate to be a wagie right now.
>>540532288Just in time for my vacation
>>540532288It seems you’re misunderstanding something. In the past, Japan sold yen and bought dollars to curb the yen’s appreciation, and then used those dollars to purchase and accumulate U.S. Treasury bonds.With this latest currency intervention, Japan is simply converting those U.S. Treasury bonds back into yen, which is why it’s making a profit.Furthermore, the reason the U.S. cooperated with this intervention is that it would be in trouble if its Treasury bonds were sold off.
>>540534526If you have a business with a healthy revenue stream, you dont have to care about the stock price and your evaluation. If however your business is a big fat bubble and you dont actually produce stuff customers want to buy, you are in big trouble once your rating goes tits up. The same goes for a country and its currency.
