Nasty

Reply to this note

Please Login to reply.

Discussion

50% devaluation in 4 years

WTF?

Well, close to, not quite, I’m not keeping up with the math

Nvm only 30%

How about domestic prices?

Domestic inflation is supposedly around 2.6%… Japan needs to import almost all of its oil tho so I don’t know how this can last for much longer.

Japan exports a lot though. Prob balances out 🤷‍♂️

Yeah weak yen will help exports in the short run for sure… but damn, I guess we won’t be seeing Japanese tourists parading around the globe 😝

This season is suitable for traveling to Japan

Cherry blossoms and currency devaluation, how’s that for a travel brochure 😆

Nope but will help Japanese tourism.

But yeah coal too. Japan is largely reliant on Australia too

42.57% but whatever… this thing is well on its way to 200 🤯