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Guruzilla's /var/log/knowledge-junkie
["the chatter of a missionary sysadmin"]

2003-05-30 11:06 AM
travel/future planning

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Mood:
puzzled

{ Now playing: Various (Take Hold Records), FOOLSRUSHINWHEREANGELSDARENOTTREAD

Recent movie: Throne of Blood****; Black Robe*****

Recent books: Leviticus; Ephesians; Sources of Japanese Civilization vol.1; Kosuke Koyama, Three Mile an Hour God; Steven Brust, Yendi; Velli-Matti Karkkainen, Pneumatology: The Holy Spirit in Ecumenical, International, and Contextual Perspective; Kosuke Koyama, Waterbuffalo Theology; C. S. Lewis, The Great Divorce; Schlatter, The Theology of the Apostles; OMF, The Biography of James Hudson Taylor; A Hundred Things Japanese; The Japan Christian Yearbook 1968; I John 1:2 (trans.); Joseph Conrad, Heart of Darkness; Aikawa and Leavenworth, The Mind of Japan: A Christian Perspective

}


So, thinking about travel and whatnot, and I really don't know what to make of this:


"Credit rating agencies have downgraded Japanese government bonds to below those of Botswana. Yet why doesn't the yen depreciate?"

-- Prime Minister Koizumi


Err... This seems... odd. Granted, cheap yen are convenient for me, and make my dollars competitive against a higher standard of living, but... I don't think other countries really ought to be managing their economies for my sole convenience. Honestly.

But if the dollar spiked against the yen in late November, massively, I wouldn't complain.

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