The rapid decline of the Japanese yen — recently stabilised by a (presumed) round of intervention — has brought forth the usual “currency crisis” discussion from the usual suspects (people you do not want to listen to for macro views). I cannot say that I am following Japan closely right now (I used to in the now distant past…), so I will just make a few generic points.
Japanese Yen
Japanese Yen
Japanese Yen
The rapid decline of the Japanese yen — recently stabilised by a (presumed) round of intervention — has brought forth the usual “currency crisis” discussion from the usual suspects (people you do not want to listen to for macro views). I cannot say that I am following Japan closely right now (I used to in the now distant past…), so I will just make a few generic points.