Japan’s yen is weakening again, prompting talk of another intervention worth billions of dollars

12 comments

1. Pissing against the wind …

2. Interest rates in the rest of the world have gone up, naturally this will weaken the Yen against other currencies.

   It’s very unlikely that interest rates in Japan will suddenly rise in the same manner as in Australia, America etc

3. Oh yay.

4. this is good news

5. Thanks Japan for the cheap holiday

6. Isn’t this what they wanted for the past 4 decades?

7. Is the intervention raising interest rates?

   Nope, so the “intervention” is just “swallow this bullshit and pretend it tastes good”.

8. Weakening again? When did it strengthen?

9. Anime figure buying time😊

10. Clearly people should be working kore hours while having more babies.

11. Got an email from the Department of Ed saying I qualify for SNAP and Pell Grants. Good chuckle from that. I live comfortably in Japan but my salary is shit in the US. At least I can put my student loans on hold again when they start back up

12. The only country that deserves my money wants less of it?