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Value of Yen

Old Feb 28, 2007 | 01:15 PM
  #16  
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Originally Posted by Robert_Nashville
Yes, the value of the Yen in relation to the U.S. dollar is an issue and it CAN give Japan an advantage (or go the other way). However, it is hardly the source of all of Detroit’s woes…the issue is much more complex than the article would lead people to believe nor is it quite so one-sided.
Sure it isn't the source of ALL of Detroit's woes. Neither is health care, or dealing with the UAW. Add those three (and others) together, though, and you get a pretty serious set of disadvantaged circumstances...

Rapists are not the source of all crime in our country. Should we just ignore them or pretend rape is not a problem?

Old Feb 28, 2007 | 01:28 PM
  #17  
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Originally Posted by 96_Camaro_B4C
Sure it isn't the source of ALL of Detroit's woes. Neither is health care, or dealing with the UAW. Add those three (and others) together, though, and you get a pretty serious set of disadvantaged circumstances...

Rapists are not the source of all crime in our country. Should we just ignore them or pretend rape is not a problem?

Well, if people believe that the Yen is that important; let's just go to a world currency and eliminate all exchange rates.

Remember; for several years Detroit complained that Japan was messing with the value of their currency; then they stopped and now Detroit doesn't like that either so perhaps the "let them eat cake" approach and making everybody use the same currency will make them happy.
Old Feb 28, 2007 | 04:21 PM
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Originally Posted by 96_Camaro_B4C
Sure it isn't the source of ALL of Detroit's woes. Neither is health care, or dealing with the UAW. Add those three (and others) together, though, and you get a pretty serious set of disadvantaged circumstances...
But people seem to try and fault the Japanese automakers for the value of the yen, when in reality, they're just taking advantage of the system as any good capitalist should do. As I've stated before in this thread and many others, the blame for the yen-vs-dollar exchange rate lies solely with the US and our inability to function without borrowing hundreds of billions per year from other countries (which necessitates keeping our currency highly valued to make it an attractive investment for countries like China).
Old Feb 28, 2007 | 04:28 PM
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Well, I'd say you're partially right, with US spending Trillions Policing the world maybe those countries should be paying us a fee rather than lending us the money??
Old Mar 1, 2007 | 12:51 AM
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Originally Posted by Robert_Nashville
Remember; for several years Detroit complained that Japan was messing with the value of their currency; then they stopped and now Detroit doesn't like that either so perhaps the "let them eat cake" approach and making everybody use the same currency will make them happy.
I know you keep sticking to the "Detroit complaining argument" but I say who can blame them. When you have a nation doing things to keep fair trade from happening you'd complain too. They probably only stopped because they didn't need to mess with the Yen anymore or maybe they thought the US gov. might impose a tariff. I don't think anyone can say that Japan hasn't been less than interested in importing our goods than we with theirs. There would be a huge backlash from American buyers and foreign carmakers if the US gov. imposed tariffs and thats not really the way our economy works even if the Japanese have numerous cost advantages.

So you say let them eat cake and let me say they are stuffing it in like a 5 year old at a birthday party. But just remember that there is a reason why Japan protects or protected their home companies. Thats because they know if those brands go down so does the base for their economy. The world and business are not fair but its built on people and run by people so who's to say the rules can't be tweaked.
Old Mar 1, 2007 | 09:59 AM
  #21  
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Originally Posted by 90rocz
Well, I'd say you're partially right, with US spending Trillions Policing the world maybe those countries should be paying us a fee rather than lending us the money??
Rite ON brother! (97SS 383 - D1)
Old Mar 1, 2007 | 11:51 PM
  #22  
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Originally Posted by 90rocz
Well, I'd say you're partially right, with US spending Trillions Policing the world maybe those countries should be paying us a fee rather than lending us the money??
Maybe its time for the US to stop 'policing' the world and concentrated more on internal problems?
Old Mar 2, 2007 | 06:07 AM
  #23  
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Originally Posted by 90rocz
Well, I'd say you're partially right, with US spending Trillions Policing the world maybe those countries should be paying us a fee rather than lending us the money??
They do, it's called cheap Saudi oil.
Old Mar 2, 2007 | 08:25 AM
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Maybe its time for the US to stop 'policing' the world and concentrated more on internal problems?
Amen...Britain is sending troops home, and guess who is taking up the slack.
The next solution will be, more Mercenaries, hired guns, (sugar coat it any way you want) Bush already said more are going to be used, but I'll bet they will be paid a lot more than a US soldier sending the war bill even higher. But it might allow him to appease the public cry to bring our boys home.
Maybe its time for the US to stop 'policing' the world and concentrated more on internal problems?
Funny how the "cheap oil" isn't affecting our gas prices...guess the savings goes to "the stockholders" just like every other corp., after making war bill payments ofcourse.

Last edited by 90rocz; Mar 2, 2007 at 08:28 AM.
Old Mar 3, 2007 | 07:55 PM
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ohh how does Exxon Mobile have a historic profit quarter after quarter..they do so by what were doing protecting the world.

The other thing is in another thread here. Its more I think of the Unions as the major problem in this whole question.
Sure there has to be a concerted effort to see if there is a level playing feild. and you know something like stated. Japan protects it own. Yet its okay here in the U.S. whos is benifiting? Not us..but the thing is its its unions. slaes and public buying products. the wedge that toyota and the import companies are driving into us is only breaking our economy faster than without.
Old Mar 3, 2007 | 10:41 PM
  #26  
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I think there are many contributors, including, which I think is a major one, this "fixation" on the stockholders...they are excerting way too much influence.
If they wish to invest in a company, fine, but they should be like the "suspension" not the "steering wheel"...(auto analogy... )
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