| View previous topic :: View next topic |
| Author |
Message |
canuck
Joined: 11 May 2003
Posts: 1921
Location: Japan
|
 Posted: Tue May 22, 2007 2:16 am Post subject: |
 |
|
| craven wrote: |
US Dollar (USD) 122.41
Pound Sterling (GBP) 242.07
Canadian Dollar (CAD) 113.39
Australian Dollar (AUD) 101.61
New Zealand Dollar (NZD) 90.43
Euro (EUR) 164.95
Swiss Franc (CHF) 99.65
Hong Kong Dollar (HKD) 15.93
Singapore Dollar (SGD) 80.15
Swedish Krona (SEK) 18.12
|
Ok, at what point are people bailing on Japan? 130? (I shudder to think of it, but you know it could happen) |
|
| Back to top |
|
 |
Willy_In_Japan
Joined: 20 Jul 2004
Posts: 329
|
| Posted: Tue May 22, 2007 3:08 am Post subject: |
|
|
I am 13,000 dollars Canadian in debt. I dragged my feet paying off my debts and now I regret it. (I've still come a long way however).
I have decided that it is going to be my main priority to get out of debt and get some bucks saved and then get out of dodge. I have never been a fan of Japan, and what drew me here in 2002 was a 77 yen dollar, and high wages.
Since I have got here, there has been downward pressure on wages, and now I am seeing increases in prices. I don't see a very bright future for ALT work with all these cut throat companies either.
I hear that they are talking parity with the US dollar. I also read that the US dollar is dropping against most of the world's currencies......why the heck is the yen sitting at 122 yen for a US dollar?
This is getting difficult to take. |
|
| Back to top |
|
|
canuck
Joined: 11 May 2003
Posts: 1921
Location: Japan
|
| Posted: Tue May 22, 2007 3:26 am Post subject: |
|
|
| Willy_In_Japan wrote: |
I am 13,000 dollars Canadian in debt. I dragged my feet paying off my debts and now I regret it. (I've still come a long way however).
I have decided that it is going to be my main priority to get out of debt and get some bucks saved and then get out of dodge. I have never been a fan of Japan, and what drew me here in 2002 was a 77 yen dollar, and high wages.
|
Why wouldn't you be looking at Korea then? Do you view Japan as the lesser of two evils? |
|
| Back to top |
|
|
shuize
Joined: 04 Sep 2004
Posts: 1270
|
| Posted: Tue May 22, 2007 3:44 am Post subject: |
|
|
| canuck wrote: |
| Ok, at what point are people bailing on Japan? 130? (I shudder to think of it, but you know it could happen) |
I've left Japan and come back. But I was here in the late 1990's when it was often 130-140 to the U.S. dollar. That wasn't the main reason I left, but it sure sucked trying to pay student loans on a crappy teacher's salary and then getting hammered on the exchange rate on top of it. |
|
| Back to top |
|
|
furiousmilksheikali
Joined: 31 Jul 2006
Posts: 1660
Location: In a coffee shop, splitting a 30,000 yen tab with Sekiguchi.
|
| Posted: Tue May 22, 2007 6:59 am Post subject: |
|
|
| canuck wrote: |
| craven wrote: |
US Dollar (USD) 122.41
Pound Sterling (GBP) 242.07
Canadian Dollar (CAD) 113.39
Australian Dollar (AUD) 101.61
New Zealand Dollar (NZD) 90.43
Euro (EUR) 164.95
Swiss Franc (CHF) 99.65
Hong Kong Dollar (HKD) 15.93
Singapore Dollar (SGD) 80.15
Swedish Krona (SEK) 18.12
|
Ok, at what point are people bailing on Japan? 130? (I shudder to think of it, but you know it could happen) |
Go on, get lost! And take Jim Dunlop with you....
 |
|
| Back to top |
|
|
craven
Joined: 17 Dec 2004
Posts: 130
|
| Posted: Tue May 22, 2007 7:58 am Post subject: |
|
|
Ha! Fair enough...it DOES make me feel moderately better to know I'm not suffering alone though!
Silence on currency manipulation at the recent G8 summit means the yen isn't dropping any time soon... |
|
| Back to top |
|
|
Willy_In_Japan
Joined: 20 Jul 2004
Posts: 329
|
| Posted: Tue May 22, 2007 12:30 pm Post subject: |
|
|
I considered going to Korea, but I have established myself with a group of private students. It would take a fair bit of time to get the same number in Korea. I also have a furnished apartment here. So, I guess I am stuck. I really can't believe how fast the Yen has dropped against the Cnd dollar.
It really gets me angry when I hear of the Japanese government buying US dollars to keep the Yen at about 118- 120 yen. |
|
| Back to top |
|
|
canuck
Joined: 11 May 2003
Posts: 1921
Location: Japan
|
| Posted: Tue May 22, 2007 1:22 pm Post subject: |
|
|
| When I first came to Japan, I had debt. However, I made it a point to pay it off. It was my number one priority. I didn't miss out on anything, and I worked a little extra. I was paying it off around the low 70s. I'm happy I did. I'm totally debt free, and am holding my money in my bank account here. The exchange rate bothers me, but won't affect me until my next holiday to Canada. |
|
| Back to top |
|
|
keister
Joined: 18 Jan 2007
Posts: 26
|
| Posted: Tue May 22, 2007 2:00 pm Post subject: |
|
|
| Willy_In_Japan wrote: |
I considered going to Korea, but I have established myself with a group of private students. It would take a fair bit of time to get the same number in Korea. I also have a furnished apartment here. So, I guess I am stuck. I really can't believe how fast the Yen has dropped against the Cnd dollar.
It really gets me angry when I hear of the Japanese government buying US dollars to keep the Yen at about 118- 120 yen. |
actually, in Korea you can get everything paid for. plane ride over, plane ride home, furnished apartment for free, and a huge severance pay at the end.
also if you're a white guy.... privates are a cinch to get. ESL in Korea is probably one of the biggest businesses in Korea. and having that "white" factor will definitely make it easy to get some privates.
plus it doesn't hurt that the won is steadily rising |
|
| Back to top |
|
|
canuck
Joined: 11 May 2003
Posts: 1921
Location: Japan
|
| Posted: Tue May 22, 2007 2:12 pm Post subject: |
|
|
| keister wrote: |
| Willy_In_Japan wrote: |
I considered going to Korea, but I have established myself with a group of private students. It would take a fair bit of time to get the same number in Korea. I also have a furnished apartment here. So, I guess I am stuck. I really can't believe how fast the Yen has dropped against the Cnd dollar.
It really gets me angry when I hear of the Japanese government buying US dollars to keep the Yen at about 118- 120 yen. |
actually, in Korea you can get everything paid for. plane ride over, plane ride home, furnished apartment for free, and a huge severance pay at the end.
also if you're a white guy.... privates are a cinch to get. ESL in Korea is probably one of the biggest businesses in Korea. and having that "white" factor will definitely make it easy to get some privates.
plus it doesn't hurt that the won is steadily rising |
That said, you have to live in Korea!   |
|
| Back to top |
|
|
markle
Joined: 17 Jan 2003
Posts: 1316
Location: Out of Japan
|
| Posted: Wed May 23, 2007 3:08 am Post subject: |
|
|
| furiousmilksheikali wrote: |
|
Let me reiterate
The yen is weaker than before GET OVER IT |
|
| Back to top |
|
|
canuck
Joined: 11 May 2003
Posts: 1921
Location: Japan
|
| Posted: Wed May 23, 2007 1:57 pm Post subject: |
|
|
| It's amazing, because our Kiwi, American, Brits and Aussie friends also feel the pain! |
|
| Back to top |
|
|
nonsmoker
Joined: 20 Apr 2007
Posts: 352
Location: Exactly here and now.
|
| Posted: Sat Jun 02, 2007 2:04 pm Post subject: |
|
|
| Will the Yen ever recover? Can the Japanese economy regain its former glory? Can I pay my student loans back home? |
|
| Back to top |
|
|
JimDunlop2
Joined: 31 Jan 2003
Posts: 2286
Location: Japan
|
|
| Back to top |
|
|
nonsmoker
Joined: 20 Apr 2007
Posts: 352
Location: Exactly here and now.
|
| Posted: Sat Jun 02, 2007 2:22 pm Post subject: |
|
|
| Something must be done about this. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
