Yes, weak Yen will boost global attractiveness of Japanese goods and services like automobile and machinery to compete with expensive German cars or cheap Chinese goods. Tourism will also benefit from the weak yen.
A weak yen definitely makes Japanese products more competitive and boosts tourism. And for visitors from countries like Malaysia, it’s a great time to explore Japan while getting more value for their currency
A reminder that japan became rich because of usa opened its market for japans automotive and electronics with watered down yen value. We got plaza accord, and it ends.😂
No mention of over 10 years of QE!!!!! We printed and printed trillions. If you cannot see that as a cause of currency devaluation, I seriously doubt your credibility on economics.
for me if japan yen is still weak is a good chance for visitor to visit japan and then they at least get a chance to learn more about japan and how they can be the super modern and so futuristick country like we know now ,and japan also say its good cause when yen is weak many foreigner can help japan ,not like when yen is strong japan economy is weak cause not worth it
Actually, this video is totally wrong.... Japanese yen is still too strong to come back to the front line of the world economy. When Japanese industry and export were growing none stop during 60s to 70s. Japanese yen was so cheap and weak as US$1 = JY360. That's why we could export and deliver our industrial products to worldwide with very competitive prices. However, after the plaza accord with US government, we sucked by the strong yen and our exporting power was totally killed. Therefore, we need even weaker and lower Japanese yen than now....
You say it as if it were a bad thing. Quite the contrary, a "weak" Yen {or any currency used by an exporting Country) is GOOD! Expensive Yen on the 90s made Japanese goods expensive and uncompetitive, leaving the field empty for Taiwan, Korea and China. China beat them at their own game. Today "made in Japan" means: "VERY high quality ... but EXPENSIVE"
Some people say that yen is safe because Japan has huge amounts of foreign currency and foreign assets, but I don't really understand what they mean by that. I just feel that we are getting poorer and poorer.
Japan has always been safe, dont worry. Japan holding US Treasury bonds is like saving account and receive interest rate. Most japan foreign currency is also US dollar to purchase oil . Not just you, but most people are getting poorer. Russia sanctions, US china trade war , world economic slowdown are making stuff more expensive and we are producing less.
World has changed. G7 countries one by one going down slowly but sure BRICS countries going up. The future is in Asia. The US empire also in decline to the point of no return.
11:01 broo its not even happens even in malaysia they price still expensive i dont know what cost they have but it make japan car value so high that china car ,and make me fell sick cause of expensivee ,its no cheap in asiaa
please translate my word ok i speak malay ,sebenarnyaa walaupun jepun banyak melabur ke usd tapi silap mereka sekarang ,masih wujud ,kebergantungan pada usd juga boleh merosakkan integriti dan juga kestabilan negara sebab banyak campur tangan asing menyebabkan kedaualtan negara mudah dirosakkan ,kedua yen jepun melemah hakikatnya kerana kemampaun belinya yang lemah dan sikap rakyat jepun yang suka simpan duit dan kurang berbelanja membuatkan mereka membina kekayaan sendiri dan yang merisaukan jepun ramai yang lari dari bayar cukai sama macam negara membangun juga ramai orang kaya lari daripada bayar cukai sebab ia membebankan ,ia patut dimansuhkan saja sebab ia jelas menekan kewangan mereka terutamanya yang menikmati gaji rendah yang membuatkan mereka terpaksa bekerja lebih lama walaupun bayarannya tidak naik ,majikan mereka juga kena usahakan sesuatu bagi menaikkan pendapatan syarikatnya supaya tak kelhilangan ramai tengaa pakar terutamanya yang ada pengalaman lama ,silap jepun juga sebab dia gagal atasi masalah deflasi yang jauh lebih teruk berbanding inflasi yang mana terjadi disebabkan kenaikan harga barang dan matawang yang melemah menyebabkan kemampaun kuasa beli menjadi teruk ,selain itu yang teurknya perbandingan dibuat mengikut dollar amerika saja dan tak utamakan matawang dirantau asia seperti ringgit ,yen yuan dan juga singapura dollar yang meningkat berbanding dulu .amerika jelas campur tangan dalam merosakkan ekonomi negara asia dan ia mula disedari china sebab itu china dan jepun berpakat kurangkan pinjaman usd menjadi kurang dari 1 trilion usd kerana mereka tahu ekonomi amerika akan mula melemah sebaik brics ambil alih ekonomi dunia menjelang 2040 dan negara G7 akan alami kesusahan besar
8:34 where country that boj got the fund and need to pay back ? usa? if usa its not weird cause they just know use usd and dont respect any market even with europe they still critics like what donald trump do when they become us leader in 2018 ,if japan still fail to pay back ,maybe japan will be the next usa colony or i say state cause japan sell they country same like you got prosititue ,i dont want it happen many asia people want to save japan including china
Why is Chinese yuan used less than the Australian dollar in the international market? Why does the world trust australian currency more than china's super power currency?
You do not know? Hahahh, what do you expect from such a leader like that Bang Bang? Instead of caring for the country and its people, Bang Bang spends his time doing his Master's bidding, spends his time stirring up trouble in the South China Seas under the instructions of his Master.
After today's election result, I think that a weak yen is a good thing for Japan. Trump is going to raise tarrifs on Chinese goods to the point Americans don't buy them, and they will be buying Japanese goods instead (assuming congress lets him) If a war between China and Taiwan breaks out, there might be an all out ban in Chinese goods, and that might turn Japan into America's full time factory
6:02 ia jelas menunjukkan pada kita bahawa negara barat mengalami penurunan kekayaan dan ekonominya mula menguncup macam negara kaya yang lain sedang alami ,dan kebangkitan china menengelamkan banyak pasaran tradisional macam negara jirannya jepun korea amerika dan eropah semuanya mula berubah sebaik china memulakan kerancakan ekonomi dan banyak negara bergantung pada barangan china yang jauh lebih murah dan juga bagus
Even China couldn't be the savior for world trade bcus they consume only little. At 40% of GDP compared to US at 60% of GDP. Make matter worse China protect their own companies and make life hard for foreign companies. I mean you can't have your cake and eat it too. Japanese yen value is weaker than USD rn but still valued higher than yuan or rupee. To be honest China is more greedy than the west. China try to sell everything at low price just to kill the competition. With less competition everything is at the mercy of China if they successful control the market. West is greedy on individual stand point but China is greedy on system wide level.
Sok tahu saja afizi ini. Lihat laporan ekonomi dan pelajari dengan baik data2nya, jangan berdasarkan opini propaganda cctv China saja. China penurunan ekonominya sangat tajam yang disebabkan oleh sektor properti. Justru saat ini negara barat terutama usa menunjukkan penguatan pada mata uang dan sektor ekonominya.
Do you think a weak Yen is good for Japan?
Yes, weak Yen will boost global attractiveness of Japanese goods and services like automobile and machinery to compete with expensive German cars or cheap Chinese goods. Tourism will also benefit from the weak yen.
as a malaysia is good cause we can visit japan look at we curency is still strong
A weak yen definitely makes Japanese products more competitive and boosts tourism. And for visitors from countries like Malaysia, it’s a great time to explore Japan while getting more value for their currency
trump won't like japans currency manipulation😅
I think japan going bankrupt
Probably a aging/declining population is indirectly linked to it as well
A reminder that japan became rich because of usa opened its market for japans automotive and electronics with watered down yen value. We got plaza accord, and it ends.😂
True, but they were making hell of products vs. Other countries
There are other reasons as well. For example, the new NISA cause flood of Japanese to invest outside the country
No mention of over 10 years of QE!!!!! We printed and printed trillions. If you cannot see that as a cause of currency devaluation, I seriously doubt your credibility on economics.
We also had covid which constrained supply.
@@complexaltruistthe entire globe had Covid
Trump has always respected Japan as a trade partner. I'm sure Japan will be improving their economy soon!
for me if japan yen is still weak is a good chance for visitor to visit japan and then they at least get a chance to learn more about japan and how they can be the super modern and so futuristick country like we know now ,and japan also say its good cause when yen is weak many foreigner can help japan ,not like when yen is strong japan economy is weak cause not worth it
Actually, this video is totally wrong.... Japanese yen is still too strong to come back to the front line of the world economy. When Japanese industry and export were growing none stop during 60s to 70s. Japanese yen was so cheap and weak as US$1 = JY360. That's why we could export and deliver our industrial products to worldwide with very competitive prices. However, after the plaza accord with US government, we sucked by the strong yen and our exporting power was totally killed. Therefore, we need even weaker and lower Japanese yen than now....
Please no
You say it as if it were a bad thing. Quite the contrary, a "weak" Yen {or any currency used by an exporting Country) is GOOD! Expensive Yen on the 90s made Japanese goods expensive and uncompetitive, leaving the field empty for Taiwan, Korea and China. China beat them at their own game. Today "made in Japan" means: "VERY high quality ... but EXPENSIVE"
Just came back from Japan, Geezus , everything is soo cheap now
I hate it now that you use AI voice. Not genuine at all.
Not the same BA that I subscribe to.
@@rexvsionph true
I thought the Debt was autofinancement by shareholders and Japanese companies?
Some people say that yen is safe because Japan has huge amounts of foreign currency and foreign assets, but I don't really understand what they mean by that. I just feel that we are getting poorer and poorer.
Japan has always been safe, dont worry. Japan holding US Treasury bonds is like saving account and receive interest rate. Most japan foreign currency is also US dollar to purchase oil .
Not just you, but most people are getting poorer. Russia sanctions, US china trade war , world economic slowdown are making stuff more expensive and we are producing less.
逆ですよ
経済は良くなってきています🙃
World has changed.
G7 countries one by one going down slowly but sure
BRICS countries going up.
The future is in Asia.
The US empire also in decline to the point of no return.
Kapasitas produksi yang selalu mengalami kembang kempis seiring periode berjalan
There was a time the yen even more
Value than US dollar
How many wives can I technically buy surrogacy services to have my children from this country!?
11:01 broo its not even happens even in malaysia they price still expensive i dont know what cost they have but it make japan car value so high that china car ,and make me fell sick cause of expensivee ,its no cheap in asiaa
Strong or weak depended on it public appearances in glibal business and countries relationships achiveness
Not the same BA that I subscribe to. So boring to watch.
Hey that’s China’s flag
please translate my word ok i speak malay ,sebenarnyaa walaupun jepun banyak melabur ke usd tapi silap mereka sekarang ,masih wujud ,kebergantungan pada usd juga boleh merosakkan integriti dan juga kestabilan negara sebab banyak campur tangan asing menyebabkan kedaualtan negara mudah dirosakkan ,kedua yen jepun melemah hakikatnya kerana kemampaun belinya yang lemah dan sikap rakyat jepun yang suka simpan duit dan kurang berbelanja membuatkan mereka membina kekayaan sendiri dan yang merisaukan jepun ramai yang lari dari bayar cukai sama macam negara membangun juga ramai orang kaya lari daripada bayar cukai sebab ia membebankan ,ia patut dimansuhkan saja sebab ia jelas menekan kewangan mereka terutamanya yang menikmati gaji rendah yang membuatkan mereka terpaksa bekerja lebih lama walaupun bayarannya tidak naik ,majikan mereka juga kena usahakan sesuatu bagi menaikkan pendapatan syarikatnya supaya tak kelhilangan ramai tengaa pakar terutamanya yang ada pengalaman lama ,silap jepun juga sebab dia gagal atasi masalah deflasi yang jauh lebih teruk berbanding inflasi yang mana terjadi disebabkan kenaikan harga barang dan matawang yang melemah menyebabkan kemampaun kuasa beli menjadi teruk ,selain itu yang teurknya perbandingan dibuat mengikut dollar amerika saja dan tak utamakan matawang dirantau asia seperti ringgit ,yen yuan dan juga singapura dollar yang meningkat berbanding dulu .amerika jelas campur tangan dalam merosakkan ekonomi negara asia dan ia mula disedari china sebab itu china dan jepun berpakat kurangkan pinjaman usd menjadi kurang dari 1 trilion usd kerana mereka tahu ekonomi amerika akan mula melemah sebaik brics ambil alih ekonomi dunia menjelang 2040 dan negara G7 akan alami kesusahan besar
8:34 where country that boj got the fund and need to pay back ? usa? if usa its not weird cause they just know use usd and dont respect any market even with europe they still critics like what donald trump do when they become us leader in 2018 ,if japan still fail to pay back ,maybe japan will be the next usa colony or i say state cause japan sell they country same like you got prosititue ,i dont want it happen many asia people want to save japan including china
Most of japanese debt is held by japanese investors, banks and federal reserve.
@@RafaelMarques01 what they problem is so over confident that they can got the good returns
Why is the Philippine Peso so weak?
Do you realize/recognize the commonality between Japan, Philippines and the EU? That's right: USA.
Why is Chinese yuan used less than the Australian dollar in the international market? Why does the world trust australian currency more than china's super power currency?
You do not know? Hahahh, what do you expect from such a leader like that Bang Bang? Instead of caring for the country and its people, Bang Bang spends his time doing his Master's bidding, spends his time stirring up trouble in the South China Seas under the instructions of his Master.
basic supply demand, the demand is low
collapse
Aging society
Why Vietnam is weak?😕🤔
@angelinaly135 You joking? Vietnam is becoming "the second China". Lots of Industry moving there.
Bitcoin
😢😣
😦 WUOOOHANDH..
UTS REAHLH PROMEHS IF YUOEAN ONEH,.. YEN,SEN ALIAS
SHIEYN😮
The fact that Japan pegs its trade to a collapsing USA, instead of China or the rest of Asia is the biggest foreign policy and economic mistake.
After today's election result, I think that a weak yen is a good thing for Japan.
Trump is going to raise tarrifs on Chinese goods to the point Americans don't buy them, and they will be buying Japanese goods instead (assuming congress lets him)
If a war between China and Taiwan breaks out, there might be an all out ban in Chinese goods, and that might turn Japan into America's full time factory
6:02 ia jelas menunjukkan pada kita bahawa negara barat mengalami penurunan kekayaan dan ekonominya mula menguncup macam negara kaya yang lain sedang alami ,dan kebangkitan china menengelamkan banyak pasaran tradisional macam negara jirannya jepun korea amerika dan eropah semuanya mula berubah sebaik china memulakan kerancakan ekonomi dan banyak negara bergantung pada barangan china yang jauh lebih murah dan juga bagus
Even China couldn't be the savior for world trade bcus they consume only little. At 40% of GDP compared to US at 60% of GDP. Make matter worse China protect their own companies and make life hard for foreign companies. I mean you can't have your cake and eat it too. Japanese yen value is weaker than USD rn but still valued higher than yuan or rupee. To be honest China is more greedy than the west. China try to sell everything at low price just to kill the competition. With less competition everything is at the mercy of China if they successful control the market. West is greedy on individual stand point but China is greedy on system wide level.
Sok tahu saja afizi ini. Lihat laporan ekonomi dan pelajari dengan baik data2nya, jangan berdasarkan opini propaganda cctv China saja. China penurunan ekonominya sangat tajam yang disebabkan oleh sektor properti. Justru saat ini negara barat terutama usa menunjukkan penguatan pada mata uang dan sektor ekonominya.
I live in Japan and get paid in dollars. Live is great 😂