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evalseraphim

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Well, the Bank of Japan fired up its printers and injected $10,000,000,000,000 (10 trillion) Yen (aka US $115 B) into the economy to offset deflation and the negative impact the strong Yen has had to companies in Japan that rely on exports.
 
They don't have the wiggle room anymore. They would have to start dumping shipping containers full of Yen to keep up with what the US is doing to the dollar. As they were weak to start with, relative to the greenback they can't weaken their currency fast enough to overtake the dollar.
 
Great...

It has been interesting watching and listening to NHK World. They were saying that one Japanese exporter (maybe Panasonic?) loses $20B in revenue for each yen increase against the dollar. Apparently the two hot currencies are the Thai Bhat and the Singapore Dollar.

Why are currency traders trading into currencies from countries whose economies are dominated by export trade when exports are going to get pounded by a weak dollar?
 
I heard that about you, Eff. You went from a place with a very high cost of living to a place with an even higher cost of living, if not the highest. The only question is, are the girls hotter, and are you liking the change? Are you a popsicle yet?
 
Hey Eff!! How you doing over there you lucky Monkey!! Switzerland is awesome yeah??

Do they sell American Army Knives over there??
 
[quote author="evalseraphim"]I heard that about you, Eff. You went from a place with a very high cost of living to a place with an even higher cost of living, if not the highest. The only question is, are the girls hotter, and are you liking the change? Are you a popsicle yet?[/quote]

Interestingly, strength in the Euro may have rendered Switzerland not such an expensive place to live compared to surrounding countries. It really all depends on one's lifestyle. I will say that almost nothing here is cheaper than in the US. Beer, fresh-baked bread, peanut and olive oil are the only things I can think of at the moment. Beef prices here will encourage you to cut it out of your diet. Gasoline is $5.94 per gallon at today's exchange rate. This is actually cheaper than in France and Germany. Not too many fatass 6000lb SUV's on the road here regardless.

The weather has been mild. Light freeze 2-3 times so far but no snow in the western part (except for up in the mtns).

The girls are 20 kinds of hot. I wouldn't even know where to start when describing them. Unfortunately there's a language barrier here that's far worse than in many other European countries. Pretty much everyone in major cities in Austria, Germany, and Belgium can speak good English. In the Netherlands almost everyone can speak English, even the farmers. Not so here. The 2nd language for the Swiss-French tends to be German, and vice-versa for the Swiss Germans. English is a distant 3rd spoken mainly by those who have attended higher education.

I still haven't been able to start learning French. My work travel will be complete soon (Paris tomorrow, then Milan and Prague in January) then I'm going to jump on that as soon as I can. I'm contemplating taking two weeks off work to do a two-week total immersion program in France.
 
[quote author="peteruk"]Hey Eff!! How you doing over there you lucky Monkey!! Switzerland is awesome yeah??

Do they sell American Army Knives over there??[/quote]

The only American export you can find here is the music, the movies, and a handful of the fashions on the younger locals.

Tons of Brits here; to listen to them talk one might think that the UK is only months away from anarchy and the complete breakdown of civilisation. "Rats leaving a sinking ship" was how one Londoner described his expat brethren in Switzerland. As long as the local English girls don't swear off their rampant alcoholism any time soon, I'm happy. <!-- s:D -->:D<!-- s:D -->
 
Oh, and the wine here is effin' nasty. Boring, flat, one-dimensional old-world wine. The Italians seem to be hell-bent on castrating primitivo by growing it at higher elevations. California wines double in price when they cross the ocean. My cellar has a bunch of stuff from South America right now, and I've had to swear-off my beloved Zin.

How this is relevant to the thread title escapes me, but I'll think of something.
 
Eff, I'm glad to hear you're having fun over there, they were interesting Posts...

I did 5 years of French at School, imagine my disappointment the first time I went over there and everyone spoke English...

Those Bloody Brits are everywhere, for instance, when I started the job I'm in now, out of a dept of 9, 3 of us were British...

I'm surprized, although I shouldn't be, how many Brits there are in your locality...
 
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