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council dweller

Uk Trade Deficit Worsens Unexpectedly In May.

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No thanks! I'm supposed to be going there in Sep...

You've got in-laws there....let them pay for everything!

But anyway, when people find out about the earthquake and nuclear meltdown I'm sure the Yen will sink. Yen at the 125 level this morning btw.

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You've got in-laws there....let them pay for everything!

They live in the middle of nowhere though. You have to drive several miles just to find anywhere that's selling anything! Just getting to their place from the airport is looking very very pricey...

:(

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They live in the middle of nowhere though. You have to drive several miles just to find anywhere that's selling anything! Just getting to their place from the airport is looking very very pricey...

:(

Narita? Suppose that could be a problem.

Do you have protective equipment?

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Maybe Fukushima will have another little wobble just before hand and you'll get a reprieve on the currency front. Fingers crossed ;)

We're not actually paying for the flights, so I can't whinge too much. Have Y70K in an old bank account over there which should at least get us to the inlaws. They do normally cross our palms with silver too (which I'm sure you'd refuse on principle GC ;)).

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im in tokyo at the moment, flew in this am after visiting the inlaws in Seoul, bloody hot , thing I notice since the disasters etc is the deflation is just getting more and more severe, for example a restaurant we have been going to forever that has a fixed price menu that has been the exact same price for the last 10 years at least just chopped prices 10%, and its the same all over the place , my mate cut salary of all his 20 odd staff by 20% recently and not a murmer, the yen basically was far too cheap for too long, I actually think now its probably at a reasonable level when you consider that prices have not moved for most things in years and rents in tokyo are waaaay lower ....

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Guest sillybear2

I think quite a bit of North Sea production has been offline for maintenance, that might explain some of it. Still, it doesn't bode well for the future when we can look forward to an endless structural energy deficit on top of the three decade long deficit in goods.

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at least just chopped prices 10%, and its the same all over the place , my mate cut salary of all his 20 odd staff by 20% recently and not a murmer, the yen basically was far too cheap for too long, I actually think now its probably at a reasonable level when you consider that prices have not moved for most things in years and rents in tokyo are waaaay lower ....

Still better than 5% RPI (and 10-20% real inflation) and no wage rises...

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im in tokyo at the moment, flew in this am after visiting the inlaws in Seoul, bloody hot , thing I notice since the disasters etc is the deflation is just getting more and more severe, for example a restaurant we have been going to forever that has a fixed price menu that has been the exact same price for the last 10 years at least just chopped prices 10%, and its the same all over the place , my mate cut salary of all his 20 odd staff by 20% recently and not a murmer, the yen basically was far too cheap for too long, I actually think now its probably at a reasonable level when you consider that prices have not moved for most things in years and rents in tokyo are waaaay lower ....

Wow that's amazing. Mind you, things were worse after the black death!

Thanks for the info.

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Guest sillybear2

Wow that's amazing. Mind you, things were worse after the black death!

Thanks for the info.

I dunno, at least the black death eventually resulted in a bit of wage inflation. :ph34r:

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I dunno, at least the black death eventually resulted in a bit of wage inflation. :ph34r:

Oh yes I forgot that. That comes after the die off...suppose 26k or whatever wasn't enough.

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Guest spp

That magic word again...'Unexpected'. It makes everything ok!

Sheeple turns head because he/she thinks everything will be back to normal next month... ;)

Edited by spp

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That magic word again...'Unexpected'. It makes everything ok!

Sheeple turns head because he/she thinks everything will be back to normal next month... ;)

Will this help close the gap? - Link

Edited by Clocker

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  • 285 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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