My impression about “What is behind the weak Yen”

Summary:
 This book explains the reasons why Japanese Yen has been so weak these days based on the statistic support data. Main reasons are;

  1. Japanese imports exceeds thier exports due to the overseas expanding of their factories in 2010s. Japan isn’t an exporting country any more.
  2. Japanese receivables towards foreign tend to invest on overseas repeatedly and rise no demand of Japanese Yen, however Japan is the country with the biggest receivables.
  3. Service import like Netflix, AWS, GCP has been expanding. This trend would not shink but accerate increasingly.

So this author analyzes this trend of weak Yen would continue for decads.

I totally agree. He put my unverbalize feeling into words. To protect my asset, I decide to transit my fortune to foreign currency much more.

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