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/jp/ - Otaku Culture


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1502643 No.1502643 [Reply] [Original]

The nikkei is down 53% in the last year.

Hold me, /jp/ ;_;

>> No.1502644

And 50% of that is due to America borking up.

>> No.1502658

>>1502644
Lets not kid ourselves; us Americans screwed up royally, but the rest of the world that kept lending us money to support our bullshit loans are the ones to blame for losing what they invested in us.

>> No.1502668

Are you really so goddam weeaboo you even care about Japanese stock market?

>> No.1502669

>>1502658
I tend to agree. At the end of the day, each country is responsible for its own economy.

This is really no good though. A few more points lost and the 225 index is going to reach levels not seen since the early 80s.

>> No.1502672

>>1502668
I GUESS THIS IS WHY THEY CALL THIS BOARD JAPAN/GENERAL, UGUU~ ^^;

>> No.1502676

>>1502669
It's bad if you already have money in the market from before the crash; it's a pretty good time if you're buying in, though. (Assuming that things don't get MUCH MUCH WORSE, which they of course could. But if that happens, your financial investments are the least of your worries.)

>> No.1502677

WOOHOO does that mean I can import cheap figurines?

>> No.1502685

>>1502677
actually, the dollar just today declined to its lowest level against the yen this decade, so no.

>> No.1502688

>>1502677
I think the Yen is still getting stronger than the dollar at this time so no.

>> No.1502693

>>1502677
Not with the US economy fucked up like it is.

>> No.1502697

>>1502677
The yen is dropping, but the US dollar is dropping faster. Right now 1 USD = about 95 JPY. That's horrible.

If you're paying for it in Euros you might have a deal though. At least as long as the Japanese market doesn't drop so low they have to stop making figures entirely.

>> No.1502719

>>1502685
>>1502688
>>1502693
>>1502697
The "Show me your rooms" thread made me feel lacking that I have very little in my room and felt like spicing it up. Thanks for the info and I just checked the exchange rates, oh god its horrible.

>> No.1502731

Actually, the yen is just really strong. USD is up against everything else. Yen is seen as least risky as the entire global economy sits on the brink of recession

>> No.1502739

>>1502731
That's because they went through THEIR banking system bailouts and reforms about ten years ago.

(America lobbied strongly against any bank bailouts.)

>> No.1502743

Too strong Yen is not good for Toyota, Sony, etc.

>> No.1502745

Yeah, Japan is an export/import economy, shit for natural resources. Shitsux hard for them lol.

>> No.1502750

>>1502697
Why Euro? The Euro is dropping very quickly.

>> No.1502753

>>1502750
Its still better in comparison to the Dollar, but yeah both the Dollar and the Euro are not good investments right now.

>> No.1502774

fuck, with the U.S Dollar and the Yen on the rise compared to the Euro, the stuff I have on preorder is going to be even more expensive.

give me back my weak Dollar and Yen, please.

>> No.1502794

>>1502774
same, im paying like $30 shipping recently, fuck the economy

>> No.1502854

But somehow the Japanese Yen, American Dollar, British Pound, Europe Euros are still going strong, while the Australia dollar is getting an ass wipe all the way down. I don't get it.

>> No.1502863

America should just blow up themselves. Fucking failures bringing calamity to the rest of the world.

>> No.1502864

>>1502854
British Pound is below 1.60 US, that is NOT keeping strong.

Also Australia is a commodities market. Lower commodity prices means less demand for Australian dollars to pay for them. Then you get double fucked by the fact that speculators expect the price of commodities to keep dropping so they don't even order yet, so that lowers the demand for Aussie money even more.

>> No.1502865

Fuk, the cost of figurine use to cost ie 9000 yen plus 3000 yen shipping, Australia dollar that would use to be 120 dolloars, now FUK ken 250 dollars!!!

>> No.1502873

>>1502863
not exactly failures if their economy grew so large it encompassed everyone else's, i'd say

>> No.1502877

>>1502863
and everyone else should blow themselves up if they let their economies get to the point that some banks closing several thousand miles away can send everything crashing

>> No.1502891

>>1502888
Examples of such corporations?

>> No.1502888

Japan has a bunch of zombie corporations that do nothing but feed on brains.

I am serious, they just put people to work in them, but they produce nothing at all.

>> No.1502892

>>1502877
the value of an investment is inversely proportional to its distance from you

>> No.1502898

>>1502888
That's like everywhere though, just a bunch of paper pushers that bitch when they fuck up their computers and tell me to fix retarded shit.

>> No.1502901

>>1502891
zombie corporations, ie corporations that are constantly bailed out by the government over and over again so are speculated to be running less than efficient.

>> No.1502902

>>1502892
An investment that risky doesn't carry much value at all, unless you are a fan of Las Vegas casino odds.

>> No.1502904

>>1502901
So what we can expect to happen to U.S. banks in the near future?

>> No.1502910

>>1502902
the risk of an investment is directly proportional to its distance from you

>> No.1502912

>>1502904
they'll cut the budget and remove those buckets of suckers

>> No.1502917

>>1502901
well not exactly. Zombie corporations ALWAYS default on their debt because they borrow and produce nothing. Then they change their name, borrow more, default again, ad infinitum.

>>1502904
Nationalization is the only real answer. US banks have shown that they will just make up some shitty financial instrument to get around regulations like their Credit Default Swaps and the SEC is fucking slower then a mountain..

>> No.1502918

>>1502904
If they do it for the majority of corporations again and again, yes.

>> No.1502919

>>1502910
Oh, wait, I see what you were saying. Sure.

But we're dealing with things that are inherently Too Risky; you don't want them overseas, and you don't want them at home either. They are just bad investments, unless you can find a sucker to buy them from you at a higher price.

>> No.1502938

>>1502901
Every US corporation?

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