• whalesmoker@lemmy.ml
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    28 days ago

    It seems like a rigged economic system. Years of wage stagnation, meanwhile Japan earns more through manipulating and engineering the bond market to flow capital into the financial capitalists pocket.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      20 days ago

      The reason Japan’s currency is collapsing is cause of the pressures on it which result from the very mechanics of the yen carry trade. There is nothing of the sort happening with yuan.