注目の話題: レストランに赤ちゃんを連れてくるな; 彼氏との宗教の違い; ファミレスに連れて行っても許される子供の年齢

Let's enjoy English!Ⅱ

No.491　15/02/10 22:18
燻し銀三 ( 50代 ♂ Oe38xe ) あ+あ-

【ActⅡ started in the financial crisis.】

《The bubble burst and the yen became strong.》

Japanese government welcomed to the weak yen,but as the bubble burst,not only Hedge Funds but investment banks stopped investing.🙅

They gave up all the investment then,and sold all the stocks,but stopping the investment means paying back the money which was used for the investment.😃

In short,they had to repay some Japanese banks the money which they borrowed.Without changing dollar and euro into yen,they can't pay back.💰

Movements that changing some currencies into yen happened so suddenly that the yen became strong all at once from autumn to winter in 2008.⤴

The yen became strong and almost all of the people tried not to buy automobiles in foreign countries,for the prices went up there.🚗

Even if Japanese automobiles were sold,when changing its profit into the yen,the profit decreases.In consequence,Japanese depression got still worse.🚗