[Sangetsu]

The exchange rate is killing Japan's economy, and news this week is that auto makers are moving manufacturing to Thailand and America. When you add a corporate tax of more than 50% to the high value of the yen, they must move or become bankrupt within 5 years.

I have a business in Japan, but all of my customers are from overseas, and I get paid in dollars, so the high yen is hurting me too.

The cause of the problem is China, and the pressure they are using to keep the Yuan low. Western countries have been forced to devalue their own currencies to keep trade imbalances in rein.

I will travel first class to America for the holidays, as I book my flight and hotel through an American agency, so the exchange rate problems are not entirely a bad thing.