Yen falls to lowest level since 1998 as U.S. yields march higher

7 comments

1. Sounds like a march to disaster, political instability. In other words, fresh terrain for opportunists to come in to ruin the ground even further.

2. i really feel like it will hit 150 yen to $1 when they got done with their election.

3. seems bad for the Japanese economy, not so bad for people who import from Japan.

4. I was there in 1998… it was only for a few days but it hit 144 yen / $1. O.o. Of course I had US loans to pay in dollars and earned yen. And then on the flip side I was there for the entirety of the yen going from 120 -> 75 -> 100 or so over the course of 3 years. And guess what! I earned dollars. :-/

   So yeah, while this sucks for some, it’s good for others (I have many bills to pay in yen even though I get paid in freedom dollars and live at the shooting range — aka anywhere in America). Having been on the ass end of it a couple of times I’m not going to have too much pity but will reassure everyone this stuff is cyclical. Could be days… could be years. It will change at some point though.

5. Nice. I’m planning to import a car from Japan this year.

6. Buying imported Reese’s is going to cost me

7. Time to buy more Anime Figurines and body pillows wwwwwwww