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13 sats \ 1 reply \ @SatsMate 3 Jun 2024 \ on: What’s going on with the Japanese yen 💴? econ
This, in addition to slow economic growth, high inflation, and weak global growth I think will contribute towards a weak Japanese outlook.
Furthermore, with the Japanese being an importer on a lot of goods (island nation), they must rely on a stronger currency more often than not.
I hope for a short and quick recession so that Japan can prosper once again.
Japan has been in a slump since 1990.
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