Can the economy of Japan really collapse after the Yen plunged to the 24-year lowest level? This is what everyone is wondering about during these uncertain economic times.
And what if you trade in Yen or invest in Yen? Should you be doing that or not? Why did the Japanese Yen plunge to its lowest level and what it would mean for Japan in the long term? Can a cheaper Yen against the United States Dollar make Japan a cheaper country to live in?
You will learn more about it in this video.
Japans Worst Currency Crisis In Decades
0:00 - Intro
0:35 - Breaking Point
1:18 - Why did the Yen loose its value?
2:00 - Rule Of Economics
2:16 - Why is Japan keeping interest rate at zero?
4:10 - Why doesn't Japan just buy back its currency?
5:56 - Cheaper Country to live and visit
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Japans Worst Currency CRISIS In Decades
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