The Jap yen has cracked and no one is coming to its rescue
#5

(26-09-2022, 03:23 PM)cityhantam Wrote:  Unfortunately, Japan needs to import a lot of raw materials and energy. The prices have shot up. 

As a result, Japan has been having trade deficit for more than 1 year! Depriciation of Yen and ascalation of prices of raw materials and energy will make the trade deficit worse.


[Image: Screenshot-20220926-152445-com-android-c...585354.jpg]

About 67% are imported.
The most funny thing is Japan rejected Russian oil.
Now China is the big winner. China begged for 12 years to tap the Russia gas and oil. Putin ignored China, always treated China as his main shadow enemy. 
Now Putin knows China is his true friend.(这叫做患难见真情,不离不弃)

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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