ShareThisScott Paul, Executive Director, the Alliance for American Manufacturing (AAM): CNN International Interview
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What is up with Japan exchange rate
Interesting...
Dollar has been weak against the Yen.
GM reports good profits and even a declaration that it is largest auto manufacture (taking back from Toyota), and Toyota is whining about having to rely on fleet sales with low margins.
Surprise (not). Yen falls against the dollar (was 75 to dollar, now almost 80).
There are no "fundamentals" changing here, and probably US banker/brokers are helping the Yen fall. Who is dumping the Yen? Who is buying the dollars? You should try to find out; expose the participants in this fake current market (really just a tarriff exchange).
Workers should not strike for rules or benefits; they should actually join together to insist on a weak dollar. Foreign goods (i.e. everything at the mall) go up, but if we can take the pain, eventually the country will come back to a good long-term position.