Dryheavemorning t1_iuj1pwa wrote
Reply to comment by BasileusLeoIII in Editorial: Better bet: Despite turbulent Senate race, Oz better prepared to lead by User_Name13
>Absolutely reckless federal spending, and a skyrocketing deficit due to tax incomes not even approaching spending rates
Japan spent comparable amounts on Covid stimulus and also runs a big deficit but doesn't have bad inflation at all.
TiberiusDrexelus t1_iuj23b1 wrote
...excuse me?
>Yen’s 24% Plunge Is Crisis Warning World Can’t Ignore
[deleted] t1_iuj3h5o wrote
[removed]
a-german-muffin t1_iujdyix wrote
>Since the late 1990s, a succession of governments favored a weak exchange rate to boost exports. Tokyo is now losing control over the yen as the Federal Reserve hikes rates.
It ain't just the last two years tanking the yen.
Viewing a single comment thread. View all comments