Quote:
Originally Posted by slideways2004
ok I'm having a brain fart, someone help me understand.
If the Japanese Yen is dropping in relation to the American Dollar, isn't that good for the Japanese economy because it's worth more? Obviously for Americans that isn't good news
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You have to understand that most of Japan's money is made form Exporting goods. And this weak dollar is an advatage to america as well. because now the US' exports increase.
The reason why Japan's recovery rate is so slow is because they dont get to do what they want to. Japan is pretty much America's bitch. Japan should just start printing a shit ton of Yen to make their currency weaker to balance out at least themselves but there is no way the US would let them do that.
Japan is in a really shitty position. They are always under the impression that America would protect them and take care of what is needed, but they are slowly starting to realize that the US would never put themselves at a disadvantage.
sucks...........