
#AskAbhijit 129: Current Affairs, Geopolitics, History
The #AskAbhijit Show
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What Happened to the Japanese Economy?
France, germany, uk and japan are five nations. One is the us. The other four are france, uk,. germany and japan. So these five nations decided to manipulate international exchange rates. It was all done at the behest of the americans. This was manipulation of international currency exchange rates. When your currency becomes more valuable, more expensive, your exports decrease. Your imports increase, because your population, which has money, suddenly the money has more value, so you can buy more. That kind of flattens the economy. Japanese export suddenly slowed down, and imports started increasing. Then the exchange rates were further decreased. And overtime, this
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