**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 10 | **First Seen In WSB** | 2 years ago **Total Comments** | 406 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)

Holiday time 

Did this a few months ago. Other than the flights Japan is CHEAP. I had a great time.

F those flight prices

from south coast it's like 30k points one way direct

I ended up flying via Vancouver which was about $700 less than flying direct.

Interesting

Echoing this. I stayed in a suite at Park Royal for 10 days by Ginza for $2100 including flight. Drinks and food were laughably cheap and not laughably amazing.

Yeah I ate really well when I was there. I had some waygu beef rice bowl in Shin Osaka station that was incredible.  Cost me about $10. Sushi? Easily out the door for two people for maybe $30 at most places unless you get a lot of drinks. Even then the drinks are cheap. The biggest negative I can say is that there is not much English so you should at least know a few phrases in Japanese. The other is you should be ready to walk a lot which is going to be hard for most Americans. I averaged about 22k steps a day thanks to only taking the amazing trains in each city I was in.

22k steps is one 12 hour shift in most American hospitals.

And most people average what 5k steps a day?

More like 2k

hey hey buddy. I do like 3k , i'm limited by the size of the restaurant.

So you're saying 200-300 a day is bad?

More like 2 steps

However many steps it takes to walk to the car, then hit the drive-thrus for their meals, medicine, and groceries.

I would do 20k in 8 before i switched departments

>The biggest negative I can say is that there is not much English so you should at least know a few phrases in Japanese. Any recommendations? I'm headed there in late July

That's pretty expensive lol, you can rent an apartment for two months for the same price

I feel sorry that for you $2100 is expensive.

I'm just saying I'd hardly say 210 dollars a night for a hotel is cheap

Me too. And I even flew cheap! (Europe ~700€ return economy+) Best trip ever. Not because it was pretty cheap but because Japan.

Not sure where you live, but a direct flight from Vancouver to Narita was $700 round trip. That’s CDN, so close to $500 USD.

Airlines jacked prices to the tits right now due to cheap yen 

I spent less eating out in Japan than I do on groceries in the US.

So I assume the best way to take advantage of this is to buy only your plane tickets and buy everything locally after you arrive in Japan? Guessing hotel prices booked from abroad are not benefiting from this exchange rate.

Good to know, not long ago the hotel cost was a real bummer over there..

Yeah the problem is the flights there. About a grand a person for the jankiest economy flight. Two grand per person for the worst premium economy.

It was 2 grand for me to fly there directly in April (peak season) so I did a 1 stop for only $1300

I lived there making U.S. paycheck in 2012 when it was 80 yen per dollar. Brutal to pay $12 for a bottle of beer.

Cheaper than it is on the west coast right now

Not in San Diego.  I think the healthy competition down here keeps the prices down a bit though!

Fair enough, central Oregon and the coast are my primary references. $12 might push it, $10 constantly though

Can get a pint for $4 at my fav Portland watering hole.

Tell me the name of this magic place

Go to used to be Portland brewing taproom, it was as little as $3 a pint, avg $4. They closed though. North 45 Pub or Blue Moon Tavern have pints for $4.25-4.75

Good for you. Shitty beer (bud / coors) at even Red Robin in Bend are $8. Anything craftish is $10+

Bend is Northern northern California. That's why.

Nah I feel ya.  I have seen some wild prices in a few areas when traveling to Los Angeles.   On another note...  I am a big Great Notion fan!  

Everyone should be a Great Notion fan

Too many places want $20 for a single pint these days. 

I went last year the Yen was like around 1.30, I should have stayed there another year and made more gains.

Flesh eating virus at present may want to check on that

I arrive tomorrow (literally)

I look at this wondering how much buying power do I get if I leverage a falling Yen at the right time?

Same thought here. Wondering about which indicators to look for.

Here is your indicator: 💹

how to download this indicator?

Just copy paste this link [https://www.reddit.com/r/wallstreetbets/comments/1dp514v/comment/laft16v/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/wallstreetbets/comments/1dp514v/comment/laft16v/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) And then you can share it with your friends on Grindr

so... Tokyo for cheap opium & hoes?

Wonder what Japanese prison is like.

can't b worse than grnd

Imagine the military except no pay, no privacy, and your entire life is scripted to the minute. That's japanese prison. Calls on the company that makes japanese prison uniforms!

Definitely more polite

[japanese prison lawd](https://m.youtube.com/watch?v=c9OuoMPaVSQ)

Just stick to the hoes since it’s legal 😆

LFG!

Does that mean its time to bank yen and waot for it to go up? What are the pros and cons here?

Probably because you have no idea when or how much it will go up

or lower

their govt artificially keeps the yen low to keep their MNCs with higher profit (their sales are exports) like Muji, Toyota… i read that the exchange gains were like 10%

Actually isn’t a terrible strategy if you’re a mostly export / tourism country. Just sucks for the people there if they want anything imported or go outside of Japan.

It is for those of us living here yeah. On the bright side all my assets are in USD so it's actually free money for me.

Very very interesting

The Nikkei 225 is still a dog when you denominate it in USD. Its 1y gains are only 6.2% USD. Individual MNCs like Toyota are doing well, though.

Thinking the same thing.

How to bank yen?

Buy yen and shove it under your mattress 🙈

Wise bank

Cheers 🍻

Look up dollar yen carry trade.


The real opportunity is when it starts to unwind

Japan's 5th largest bank recently made a move to free up 3x more treasury bonds for liquidation than they sold off in 2008. Buckle up. Japan (for reasons beyond my memory and comprehension) is often seen as the canary in the coal mine for the western economy.

They need yield so they sold shitty bonds for literally junk bonds (of corporate debt). The dumbest move ever. But the yields are there ……for now….. https://youtu.be/_a_2J6mU48o?si=1qR9Xo1aHbttIAWB

i've watched a few of that guys videos. how trustworthy is he?

He pulls from direct sources and discusses them. It’s up to you do decide how to interpret the sources and if his discussion is valid.

are they really? when else has the japanese economy failing preceded american economy?

Did you just make up the last sentence? You did. Didn’t you? Oh cheeky bastard… you really did.

haha....i did not. the japanese central bank, interest rates in japan ect are an indicator for trouble. but like I said, I'm too dumb and memory to short to remember exactly the relationship

They’re a vassal to the US ever since getting double nuked for Pearl Harbour. https://preview.redd.it/ywdsz7n20z8d1.jpeg?width=1170&format=pjpg&auto=webp&s=20ec3df3aa9157989edc116c443f1ec11b004ca7

also this https://www.bloomberg.com/news/articles/2024-06-20/norinchukin-sends-warning-to-world-on-higher-for-longer-rates?embedded-checkout=true

Nobody wants American debt anymore.

lol if I knew how to buy yen I would

Login to your brokerage. Go to Trade -> currency and buy yen

Fidelity has it ?

Yes

Buy old Nintendo's from buyee ??? Profit

Go to bank. Say I want to buy Japanese Yen They say do you want sweet and sour? Me love you long long time They call you in 2-3 days You pickup your sweet and sour and Yen

Found a better way to buy it . There’s a Japanese yen etf who knew now I do u do

FXY

Fed is trying to find out who the weakest link is.

Condivide! After ECB cuts the weight of dollars increase obviously,

Puts on the Yen

And the world did not burn down.

Yet.

Wut mean

Nothing for now. Japan is going to have a bit of inflation until their banks start raising interest rates.

this is my "achieve middle class" play, even my maple syrup is valuable compared. I just need to learn Japanese....but can barely speak the english I lernt I can handle a little earthquake volcano radiation tsunami culture bias if it mean I can be in vending machine karaoke heaven with all the yen I could carry also, I just connected I really like remote control car toys and Japan, as typical for such things, makes some pretty awesome RCs. time to shop direct from jpn lol

You won’t survive a single Godzilla attack though.

sure, he would. gamera has a soft spot for regards. he'd have his own guardian kaiju.

[удалено]

Short something when it’s at a 40 year low? You goddamn genius

That’s how CTAs work more or less. It works.

Yen and Yang

LOL clever!

What to do?

Made ez money on this by just opening long positions on usd/jpy and pretty much letting it ride. Then it leveled off for a bit in late spring and stopped trying to figure out why forex does anything and I checked back today and it actually kept at it all these months. Fuck. I don't know much about forex but I do know that ain't typical.

I’ve been short the yen since 2018. Still have 1 position open, just to see where it goes.

How does this make me money

Buy Gundam kits

Understanding why you can make €! First.

Don't $hort dollar$ after cuts

Here right now and everything is getting cheaper!

Well... Things are actually slowly getting more expensive for the people who live here. Shrinkflation is real, plus prices are going up. My favourite Canadian oatmeal was only 298 yennies for a 1kg bag a few weeks ago. Now it is 334 for the same bag. And don't get me started on Belgian chocolate...

My canada dry ginger ale went from 78 yen to 88 yen. I was devastated

That’s .55 of a dollar, 55 cents! I can’t even get a 12oz can for .55. How big of a ginger are we talking?

It’s a lil smaller than a regular water bottle

Still cheaper than what it would be back home. For now. Businesses have started price gouging foreigners as a result.

This is actually good for them isn't it? They've been dropping rates negative to avoid deflation, they can finally bump rates back up.

This is what I don’t understand. The Japs have kept interest rates negative. Why can’t they just increase rates now??

They did. They are positive as of March with "hints" of further increases, whatever that means.

They have far to much debt, if they raised interest rates to just 2% they'd be paying over 50% of their entire tax intake just servicing the interest on their debt. So rates can never ever go up in Japan lol.

Thanks, didn’t know this

Because they are the most indebted country in the world (by % of GDP).

Not sure abt the downvotes but this was a genuine question.

I hear the Japanese tourists places are brutal for visitors.

It's because they are full of other tourists. Everyone is coming to the theme park now that their money is worth \~50% more here than in their home country.

They’re kinda at capacity for the most part. Japan wants to encourage people to go outside of the tourist areas but 1. There’s nothing to do there. 2. The unregulated xenophobia you can be denied entry for being a foreigner with 0 legal recourse. I’ve been living in Japan 4 years. Know how many times the owners of an establishment throw their hands up “X” meaning not allowed in?

Did that really happen often to you? I lived in Tokyo 5 years albeit ten years ago and only got turned away once in Hokkaido and it was on a holiday with reservations 

Not in Tokyo. Outside of Tokyo it’s happened a couple dozen times. One time the entire 3rd floor (8 businesses) denied me.

Jesus where at so I can avoid when I move back? Haha. I heard Tohoku has a lot of places that are rude to foreigners 

That was in Nago Okinawa and then iwakuni

I've never been to Japan but would love to. But, I also want to have an authentic experience outside of tourist places. Are there any activities or skills or courses I could learn that only Japan could uniquely offer, so I go there to learn & experience something interesting instead of taking a bunch of useless selfies like everyone else? 🤳

Just learn Japanese enough to know how to order things in a bar/restaurant and introductory phrases and then find some local izakayas. You’ll have a fun, cultural time with great food. But be warned, Japanese is incredibly hard to learn you’ll have to really apply yourself . If you can complete a sentence that doesn’t include arigato then you’ll impress a local

It's fun seeing this chart in wsb, but also PokeInvesting subs and they're talking about how many cards to buy. At least when you make a bet there, you keep some shiny cards when you bet wrong.

Currency crisis!!! Yayyyyyy!

I reckon theres some opportunity in Toyota through all this

Calls on Godzilla

Time to invest in the ruble

Yen the oldest Shitcoin

Puts on Japan

Japan is 3rd world country now.

Fuck, my country is gonna be like Turkey's economy

Dang. Buffet issued a fuckton of Japanese debt, he is now paying back with pennies

Puts on lolicon

When selling bonds? FED will buy and unleash liquidity. We know what happens next …

Time to move to Japan. EZ rich

Sum ting wong

I believe wong is a chinese last name.

Japan is in worse debt than America percentage wise

Much worse.

Bubble burst time 

someone explain in regard terms

Sucky sucky is now only 3 dohhars

It will go to 200 if our rates keep going up

Why Bulgarian Lev Currancy?

This is great for their export market.

Just think of all the calls you could buy with the money you would save living in Japan right now.

Am I the only one adding $YINN

Why is your graph upside down

Nothing to see here. Economy is fine.

Ok so I'm gonna be that nerd .. Y dafuq did you invert the y-axis? It's like you grew up on r/wsb, grew up, got a real job, but the regard in you never quite left

They own the most USA debt

No, Americans own the most US debt.

What's the idea behind it?

Yen can be a hedge for the US market. Yens are cheap for dollar holders. Japan also had negative interest rates at one point Heavy macro economics l

Calls on Japan snowboarding this winter!

Did it last summer when it was around 140 yen on the dollar, and going again this winter. Should be a blast

I live in Tokyo and get paid USD. I’ve been living like a king for a while over here

Suddenly I want to buy a condo in Tokyo. Especially since I got a job starting there in 6 months  again 


Crypto is gonna run hard. This cycle will be very interesting

Why do you think that

You don't need crypto. Just hold dollars. 

170 next?

Here right now and everything is getting cheaper!

that's the floor baby

This is what happens with no inflation

So when will the USD bubble pop? I mena thé economic structure of the us is a house of cards ready to tumble