one year later,reviewing this video is even more interesting
@apunchingcat2 жыл бұрын
A lot of large global Japanese corporations are making history record profit due to low JPY. 33% up. It means the Japanese government are gaining record high corporate taxes from them. Small to mid import businesses are hurting but from the government perspective their loss is not critically impacting because it’s covered by profits/taxes made by those large players. Raising interest rate to “strengthen JPY” discussion has no point. What the Japanese government needs to do is to support and redistribute gained taxes to those small mid size businesses impacted by low JPY.
@animedrill2 жыл бұрын
My god I wanna read market like this
@0xdeadbeef1318 ай бұрын
“Redistribute” Are we supposed to thank the government when they do? So dumb
@ilhamrj25992 жыл бұрын
It is great for export-driven economy like Japan.... They did it artificially and massively back in 1970s and 1980s to boost their economy... that was the time when Japanese tourists were flocking Hawaii and major US cities in droves (kinda like Chinese tourists before pandemic). THat was also the time when The Japanese was the top investors in Asia and America.
@milocreates83394 ай бұрын
But are they export driven? Dont they import majority of their goods?
@rajvirsingh45522 жыл бұрын
In order for a country to be considered to be doing well, it only has to 2 things : 1. Trade Surplus / Positive Balance of Trade 2. Positive Net International Investment Position.
@trustgtr332 жыл бұрын
more attractive japanese exports is a good thing for japan..situation is volatile at the moment, an over reaction by central bank would effect an already slow local economy.
@wisdom67652 жыл бұрын
Japan is no more for foreign worker 😢😢😢
@johntwohy83372 жыл бұрын
In the past, a strong yen had caused economic stagnation for decades. Let's see if a weaker yen will help.
@perlasandoval78832 жыл бұрын
the race to the bottom again?
@helixcrash2320 Жыл бұрын
its not helping the residents here regarding food stocks.
@syafsmith50852 жыл бұрын
Des Chan will show up here and tell us this is somehow our govt’s fault
@asiaone96092 жыл бұрын
Des Chan is smart actually
@JeramieSaito Жыл бұрын
I hope the government knows what it's doing
@raffycalisa7594 Жыл бұрын
Because of that many of the foreign worker discide to go back to their own country or applying to other countries
@teacre120 Жыл бұрын
0:19 missed opportunity for wh¥
@deschan22462 жыл бұрын
Low Yen is a strategy Japan choose. From past record, I trust Japanese Government knows what they are doing.
@chriswaters34422 жыл бұрын
It is among the stupidest governments in the world.
@luisarashirovideo9 ай бұрын
The US being weak it’s making Japan weak
@toram62102 жыл бұрын
Yen is low because they are helping USD Why the news make it so complicated
@Forever-iz2dv10 ай бұрын
Sure, I have no plans of investing my Filipino Peso to Yen anyway
@johannesjohn1662 жыл бұрын
Euryen Will be 150 soon ?
@rex-ov4bi2 жыл бұрын
Look from other side, why other currency so strong?
@harukrentz4352 жыл бұрын
If only they open their country for tourist.
@jjsamuelgunn11362 жыл бұрын
They are doing that now.
@colonia042 жыл бұрын
They will open it now completely in October 11
@DanielHYNg2 жыл бұрын
Japan is deteriorating further.
@nikosbalakos65252 жыл бұрын
This is what I'm wondering... with their debt, they can't raise rates to defend the yen... looks like they're trapped.
@anglo-saxonconnor8172 жыл бұрын
Japan depend on selling tourism and exporting goods out to the world to survive unlike Singapore who attract investments in. In the past when technology,skills and talents wasn't that widespread people have no choice but to buy from that few handful of countries and they can charge a hefty price for their assets thus their currency strength is strong. Nowadays no countries have that edge and people have a much bigger choice. Also you drop your currency strength you sell your goods easier and attract more tourists to enter your country. Singapore can't do that. Singapore have to do the reverse instead by keeping the currency strong all the time. You adjust and weaken the currency strength your investors will run away from Singapore very quickly. Singapore three most important things to defend are her currency strength,societal stability and law integrity. These three draw in everyone and keep most in check. If these three went awry Singapore will be in trouble.
@joshuacorden42952 жыл бұрын
What does Singapore actually do
@operas258511 ай бұрын
Just help increased the value of ringgit then other high value currencies country could be increased too. Help ringgit become Rm 1 = 2 usd then others could be happier.
@tylert98754 ай бұрын
Yen weak, against dollara. Dollar is strong.
@juvezhang17152 жыл бұрын
G of Japan aims to boost export by downgrading Yen value. This is normal. YEN Daka is not good for export.
@operas258511 ай бұрын
Yen Daka😂 from green Japanese flag.🇧🇩
@reflectlight13684 ай бұрын
too complicated explained
@ああ-t4i8c2 жыл бұрын
みんな!円安だから日本に遊びに来てよ!
@kap0no222 жыл бұрын
来ますよう〜
@prakashsharma14042 жыл бұрын
As long as Japan accepts American slavery, the situation in the Japanese yen will only worsen.
@terminatorfluffywooo2 жыл бұрын
Singapore belongs to China
@LYJrb8196 ай бұрын
ok
@wangchung75992 жыл бұрын
The best students were sent to study capitalist economy in the best universities in America. Something amiss.
@soewin97842 жыл бұрын
Good to buy Japanese products @ cheaper price.
@Riddingwithvivian2 жыл бұрын
Yen weak for same reason all currency is weak against the dollar...US is destroying supply while all others are not
This should worry Asia's stability. Because when Japan declines rapidly, they will be even more submissive to the US; thus, creating an opportunity for the US to convert Japan into 2nd Ukraine in Asia (against China). Imagine the US suggested billions of aids for Japan in exchange for hosting some nukes on Japan's territory...
@harukrentz4352 жыл бұрын
Japan isnt that dvmb, Taiwan on the other hand though....
@desmond892 жыл бұрын
Nah nobody will be against China unless they are willing and feel threatened by China Korea and Japan and Taiwan have a mind of thier own, they aren’t dumb or ruled by dictators They will do what they feel will be a counter if there is a possible threat of Chinese expansion especially in the South China Sea and towards the asean countries
@rvtoyeri2975 Жыл бұрын
Dont worry South korea Hong kong Macau Taiwan Singapore still exist
@soehtike19392 жыл бұрын
japanese gdp nominal is only one fourth of china one fifth of us.
@helixcrash23202 жыл бұрын
the prices of products in japan skyrockets for about 30% this is due to the weakened of YEN.
@xihengtan86992 жыл бұрын
HUH
@lycan392 жыл бұрын
💴 biz hub, tax haven for West. gateway for West to East.
@dekolbe2 жыл бұрын
dead currency
@cheapyx55822 жыл бұрын
Maybe Japan should open up instead of closing off to the world
@gothakane2 жыл бұрын
You got your wish
@cheapyx55822 жыл бұрын
@@gothakane yeah and it took almost three years. But I can wait to see my gf again and make sweet sweet love
@hotpotato73922 жыл бұрын
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