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5 days ago
The US is coming to the yen's rescue. But this isn't just about Japan. Why is the world's largest economy stepping in, and what does it reveal about America's o…
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I also donate to Japan's National Trust movement and engage in all sorts of nature conservation activities, but I don't impose my values on others; it’s just something I do on my own initiative.😂
Well, I get around using trains, fixed-gear bikes, or road bikes—exercising while avoiding environmental pollution—so I don't use a car at all; consequently, gasoline prices are irrelevant to me.😂😂😂😂
"US intervenes incredibly rarely" ...biggest LOL of the century
The average prices in Tokyo based on the latest weekly data are as follows:<br><br>Regular: 169.6 yen<br>High-octane: 179.6 yen<br>Diesel: 157.9 yen<br>Kerosene (retail): 142.2 yen
US treasury bonds offer much higher interest rates than Japanese government bonds which is why Japanese government buys so many.
1. Japan~$1,185.5~12.8%<br>2. United Kingdom~$866.0~9.3%<br>3. Mainland China~$683.5~7.4%<br>4. Belgium~$477.3~5.2%<br>5. Canada~$468.2~5.1%<br><br>Any of these could trigger a sharp spike in U.S. interest rates and severe disruption to global financial markets by dumping their debt.
I've never seen that high of price of petrol in Japan before, or even recently. The Japanese government keeps that low because they know that could easily come to a country standstill. Wonder where. One of the small low populated islands?
Japan have many USA bond
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