|
|
|
|
Thread Tools | Display Modes |
08-11-2011, 02:22 PM | #1 | |
Scooby Guru
Member#: 73805
Join Date: Nov 2004
Vehicle:24 TypeS ZO6 White |
Honda says studying shift overseas to avoid yen effect
Quote:
* Registered users of the site do not see these ads.
|
|
08-11-2011, 02:34 PM | #2 |
Scooby Specialist
Member#: 119958
Join Date: Jul 2006
Location: (IA) flyover cornfield country
Vehicle:1992 SVX LS-L |
Is it the Yen being stronger, or the dollar being weak as hell, and going down?
I am not sure what Japan is doing to strengthen their currency, but the US is certainly trying to devalue ours, and we are a big importer with our customer base also under economic pressure. American buyers can still buy a few things, but not with enough economic leeway to afford big price increases. |
08-11-2011, 05:17 PM | #3 |
Scooby Specialist
Member#: 232940
Join Date: Dec 2009
Location: cold
|
The yen is perceived as a safe haven currency by many. Banks and traders are still buying it up, even though the Bank of Japan has gone through many rounds of quantitative easing style money printing and loose monetary policy.
|
08-11-2011, 10:26 PM | #4 |
Scooby Specialist
Member#: 119958
Join Date: Jul 2006
Location: (IA) flyover cornfield country
Vehicle:1992 SVX LS-L |
Evidently they are just slightly behind the US FED's curve, and the Yen is still stronger than the Dollar, just like the US is slightly behind the defaults of Greece, Portugal, Ireland, and soon to be Spain and Italy.
All going down the same road, to the same bankrupt destination, just at different mile markers at any given time, I guess. |
08-12-2011, 01:03 AM | #5 |
Scooby Specialist
Member#: 69694
Join Date: Sep 2004
Chapter/Region:
SCIC
Location: My personal hell
Vehicle:2014 EuroPinto 5MT |
Just build more Crosstours. That should fix things.
|
08-12-2011, 01:41 AM | #6 | |
Scooby Specialist
Member#: 39937
Join Date: Jul 2003
Location: SF Bay Area
Vehicle:2011 328i 6MT LMB |
Quote:
|
|
08-12-2011, 11:47 AM | #7 |
Scooby Specialist
Member#: 119958
Join Date: Jul 2006
Location: (IA) flyover cornfield country
Vehicle:1992 SVX LS-L |
With what money? I am subjected to the trends I discuss. My dollars, as well as yours, and everyone else's, are being de-valued. My job is just as vulnerable as anyone's, and my pay hasn't gone up, just as most people's hasn't. Most people, even if they do get a 3% raise, are still losing money, because the actual inflation rate has been around 10% since 2008.
Anyone, like the US Government who tells you otherwise is lying to sell something. The government's stats in recent decades has ignored food and energy, which are the two biggest inelastic demand items in a household budget. And that isn't a moral action, to actively seek demise. I already prepare, in the slight ways that I can, for the demise I see others seeking for the US, and other countries. Know history, or you will be doomed to repeat it. I know what is likely to happen, because I know it has all happened before. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
GM plans to shift overseas production | AVANTI R5 | Non-Subaru News & Rumors | 7 | 05-13-2009 01:00 AM |
Honda Open Study Model Concept to be revealed in London | AVANTI R5 | Non-Subaru News & Rumors | 9 | 07-22-2008 06:33 PM |
Thump in rear when shifting - how to avoid? | newsman | Transmission (AT/MT) & Driveline | 4 | 07-17-2003 12:47 PM |
Reason To Avoid Honda | dil9u | Off-Topic | 20 | 01-09-2003 01:10 PM |