So this Japan thing....

lucylucky

debitcardmayhem wrote: »

And the G7 are trying to correct the "effect of speculators" any one want to buy 2Trillion of yen futures , at +0.001 points. No ok how about 1Billion then at .0015. Credit crunch time again, been here before, the markets have a realistic view of this, sell banks and tech stocks and nuclear/energy. I really want to know who are the creditors are for the UK/US losses sure aint me.

Remember the old BoE promise on the pound notes(sorry youngsters we had pound notes once,and silver threepenny bits and silver coins, we still have gold sovereigns but you cant buy 1 for £1 sterling), I promise the bearer the sum of one pound .... one pound of what.
Gold (i wish)
Cow Dung
Another one pound note (unless yours is a fake)
Computer Chips
or a pound of SPAM at least that is currency here:rotfl:

TFI friday:p

And here in sunny Scotland we still do!

debitcardmayhem

lucylucky wrote: »

And here in sunny Scotland we still do!

Yeah but in England we can refuse your gaudi notes:D

poppy10_2

buglawton wrote: »

The weird thing is, after all the bad news the Yen rocketed in value.

That's not weird at all

S0litaire

debitcardmayhem wrote: »

Yeah but in England we can refuse your gaudi notes:D

Thankfully us Scots can also refuse English Gaudy notes as well:j:j
(In Scotland all Paper notes are NOT legal tender, but are promissory notes...)

In Scotland only "legal tender" is coins...:beer::beer:

lucylucky

debitcardmayhem wrote: »

Yeah but in England we can refuse your gaudi notes:D

Not aware of any notes designed by him;)

spud17

lucylucky wrote: »

Not aware of any notes designed by him;)

....but I really enjoyed the Alan Parsons Project cd.

bengalknights

Luckily alot of japans factorys are spread out but in the short term there will be price rises due to shortages but other plants in asia should be able to take the capacity on to bring prices back to where they are.

patman99

I remember the after-effects of the last big earthquake in Japan. Memory prices shot-up so high that 1 enterprising individual (not me) cleared-out every PC World store in London, southern counties and East Anglia of their entire stock.

He then turned-up at a computer fair and sold them at 10% less than the established traders could buy them at, but with a limit of 2 per customer (to stop the other traders buying them). He made a 128% mark-up.