*YEN* Shock

[iStayBroke]

My parents are still in Okinawa, living offbase. I'll be there for summer, and I imagine it would just get worse by that time.

[dino6192]

Well, I'm here, and the yen rate SUCKS!!!
Its funnny though cause you can actually get Japanese car parts cheaper in the states now.

but yen rate aside, Japan is a really cool country to be in.

[racer98]

Originally Posted by E Double

Holy shit! So glad i left when i did. That shit is getting out of hand. When i first got there 6 years ago it was in the 120's. Crazy to see how much things change.

Thing is, Say your in the USA and getting ROI from investments in japan and your getting what ever profit + 35%+ on the exchange rate from YEN to USD, but if your buying and selling from there it ******** sucks.

Originally Posted by iStayBroke

I knew the rate was dropping and everything, but 79? That is just stupid. I remember the yen rate was at 1 for 1 and people were bothered about it then. I can't imagine how they feel now.

Inter bank rate is what ever you see it in the paper but a lot of people forget what the rate is when they trade with the bank or those M****FU***ers called credit cards which screw people on the exchange rate.

Originally Posted by E Double

I'd be really pissed off if i was still there.

working there making yen would be a good thing but if your using USD there your money as you said it would piss any one off so take what ever you were making and take 50% out of your check if it was USD.

Originally Posted by iStayBroke

My parents are still in Okinawa, living offbase. I'll be there for summer, and I imagine it would just get worse by that time.

Yup, you sir are correct. I just somehow think Bank of China & Bank of South Korea is involved in this strategic monetary cluster *uck, to make the yen expensive. BOJ and the former NUTTY PM of japan called Hotoyama, really failed to take action, talk about *ducking it up on all sides, and he was the dood who wanted to kick all of the Military service off mainland Japan, As one mentioned A lot of people in japan are pissed about this who export out of japan.

Originally Posted by dino6192

Well, I'm here, and the yen rate SUCKS!!!
Its funnny though cause you can actually get Japanese car parts cheaper in the states now. but yen rate aside, Japan is a really cool country to be in.

Yes, You're right on all of those points, enjoy the time there and have a fun time :0).