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You Europeans get a fifty percent drop, yet the yen, my sole source of income, has yet to return to its 2004 levels!

yup.  i waited, and waited, and waited for a time when the yen would "bounce back" against the euro so i could convert some for long term savings.  never happened.  so i just bit it and exchanged at 155 yen to the euro some time last spring.  frikking outrageous.  i'm convinced that if it weren't for the sorry dollar, the yen would be much higher against the euro.

I have a bunch of yen, and debt in the US, and I'm just waiting to cash in on the final day of reckoning.

but the yen is still fairly strong against the dollar.  in fact, at this rate, i would have converted my yen into dollars if i wanted to pay off U.S. dollar debts.  (now i'm just praying the Bank of China doesn't adjust the yuan basket unfavorably with respect to the yen.)

Truth unfolds in time through a communal process.

by marco (cowannar at gmail punkt com) on Thu Nov 8th, 2007 at 06:36:28 AM EST
[ Parent ]
Given that Japan still has a strong export economy, I suspect this may be deliberate government policy or something.
by Zwackus on Thu Nov 8th, 2007 at 06:19:36 PM EST
[ Parent ]

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