Quote:
Originally Posted by Tenchu
I have done a lot of traveling and it is better to sell currency rather than buy in the most of cases.
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pls be kind and explain why it is better to buy than to sell a currency for a private individual? i would love to hear this.
Quote:
Originally Posted by Tenchu
No, Japan is getting raped, also. The large majority (like, 50% or something) of it's economy is based on the American consumer. Simple; America stops buying, Japan goes down the toilet.
However, the US is fuc*ed royally, but the USD has not fallen. Someone said it was because the amount of circulation of the USD, which is not completely US based (such as oil being bought and sold in USD, even in foreign countries), is what had protected it.
So, the fact that no one outside Japan buys shit in yen, and that Japans main market has just collapsed, and that I keep hearing about the yen falling on TV, I doubt it is very steady right now... you could probably try and Google it to find out if you gave a fuck... I don't unless you persist to disagree...
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based to 50 % upon the american consumer? strange, since the
japanese trade only stand for 15.5 % of its GDP and
less than 20 % of its trade is with the US. now u did say american so i guess we can add all other "american citizens". however trade with the other american countries is not very great.
the yen is falling u say. i'm sry if four examples weren't enough. i'll give u a couple more, pls let me know if u require more to understand that the JPY has not fallen.
JPY<->CAD
JPY<->GBP
JPY<->HKD
JPY<->KRW
JPY<->CHF