/jp/ - Otaku Culture

>>1526755

FFFFFFUCK.

That's like an $18 price increase holy shit.

Dammit.

If America is where the crisis started, then why has the doll0r gone up relative to everything except the yen?

But you have Canadiyen!

I'm not going to buy anything from Japan for a while too. The Australian dollar is looking pretty bad too.

>>1526758
>The Australian dollar is looking pretty bad too.
It sure is, and a friend of mine is going to Japan for a few weeks soon. Needless to say he's pretty pissed.

>>1526763
You should have pretended your friend was a girl. You would have scored MAJOR points.

The stuff I usually order is already way overpriced, so a few extra bucks doesn't bother me at all.

>>1526773
I didn't get it until you posted this. Thanks faggot.

>>1526770
He'd make a good trap. People have said how girly he looks and we give him shit about it all the time.

>>1526779
No problem! you seem to think that Arc is a faggot, I'm with you there, let's be friends!

>>1526784
can i be your friend too? im lonely.

>>1526791
Anyone that thinks that Arc is a faggot is welcome to be my friend.

>>1526853
>9 to 5 jobs?

>>1526758

A friend of mine is travelling to america (from australia) and had the mind to buy all of his currency back in july. Needless to say he's very proud fo himself,

Fuck me I know.

I'm moving to Japan in a few months, and will still be paid in US dollars. I'm gonna be fucked.

At least we'll have two incomes, mine and my wife's. And she knows how to live cheaply in Japan.

>>1526805
I would suck his dick and some more for American currency.

>>1526794

I have $400 worth of purchases coming out in december, it better improve before then

Ausfag here
'1 Australian dollar = 63.7795276 Japanese yen'
;_;

>>1526818
I was happy when it was around 80-90 cents for 100yen.

>>1526818
I was happy when it was 1AUD= 80-90Yen. ;__;

Shouldn't you Australians be at your 9 to 5 jobs?

I'm Canadian and i just ordered the klein fig ~

>>1526758
>>1526763
yeah the AUD sucks, i had to stop my orders from HLJ.

but I'm living in japan, and i've been sending money home like crazy!!

FUCKING AWESOME EXCHANGE RATE HERE!
sad thing is, my contract and visa are up, so ill have to go back home to australia...
GODDAMN STOCK MARKET WHY COULDNT YOU FALL 18 MONTHS AGO WHILE I STILL HAD A FUCKING JOB! WHY FALL NOW THAT MY CONTRACT IS FINISHED!!!

FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCK

>>1526749

Uhm...Not me.. Within the last two weeks I spent a thousand dollars on hlj and play-asia. Perhaps I should slow the fuck down.

>>1526889
Because American treasury bonds are seen as the FINAL FORM of secure investments, but in order to buy them, you have to buy U.S. dollars first. This raises the dollar's value relative to other currencies (supply and demand).

Japan is a special case. In the 1990s, Japan was your one-stop-shop for cheap loans, so lots of companies went there for that purpose. However, now that the credit crisis makes everyone risk-averse, businesses are trying to pay off their Japanese loans. Therein lies the problem: in order to do that, they need to buy Japanese yen first, hence the rise in the value of the yen.

tl;dr people are buying the yen.

THE MOAR YOU KNOW!

>>1527752

Listen to this man.

Currencies aren't tied to share indexes, like anything that can be traded they're tied to if people are buying them or not.

Since the demand of the sorts of raw materials that australia sells (coal, iron, wtc.) took a massive hit when this crisis hit china not many people have a reason to buy AU dollars. Also note that the AU was already slumping before the shit hit the fan, this was mainly due to reports of massive stockpiles of unused iron at chinese ports and general reportings of growth slowing over there.

The good news is that it's likely to bounce back because it's unlikely people will stop demanding coal and iron and other basic resources in developing countries. The bad news is that this demostrates just how dependant we are on the chinese boom in our own economic success.

>>1527752

Listen to this man.

Currencies aren't tied to share indexes, like anything that can be traded they're tied to if people are buying them or not.

Since the demand of the sorts of raw materials that australia sells (coal, iron, etc.) took a massive hit when this crisis hit china not many people have a reason to buy AU dollars. Also note that the AU was already slumping before the shit hit the fan, this was mainly due to reports of massive stockpiles of unused iron at chinese ports and general reportings of growth slowing over there.

The good news is that it's likely to bounce back because it's unlikely people will stop demanding coal and iron and other basic resources in developing countries. The bad news is that this demostrates just how dependant we are on the chinese boom in our own economic success.

>>1527752
One more thing I should add: there is a light at the end of the proverbial tunnel. Right now, the yen is massively overvalued if you look at the relative strength of Japan's economy on a global scale. Japan's economy is very export-driven, especially for high-end luxury-type items, which means it will be hit especially hard. If it weren't for all the people paying back loans, the yen would be mugged in a ditch somewhere.

So it probably won't be long before it slumps again (like, six months to a year).

>>1527848

It is sounding frighteningly like the conditions before the "lost decade" and I'm certain that many japanese investors are nervous as all hell right now.

The only thing I'm still buying is the Shimada Fumikane art book, since that's just a basic.

>>1527867
In a way, it is. But the "Lost Decade" didn't have to be lost - it ended up that way because cultural factors made the Japanese ignore the problems until they'd gotten really bad, then react too conservatively, exacerbating the issue.

It's just that this time, the problem is global in origin (well, American in origin), and the Japanese have much less control over it.

>>1527877
The problem is STUPID in origin not American. Investing in debt instruments you don't understand and not doing due diligence is not the USA's fault it's investor ignorance. Expecting the Housing market in the USA to go up forever was stupidity as well.

>>1527867
http://edition.cnn.com/2008/BUSINESS/10/29/japan.earnings.ap/index.html