Sony stock 24 year low. "No turnaround in sight".

[KillerMan]

kowenicki said:

KillerMan said:
The problem will go away though with longer timeframe as high yen reduces the growth of Japanese economy and that leads to weaker currency. I still don't know though why Japanese goverment just wont print their way out of the problem. Not the fairest thing to do but US has done it for years so why Japan shouldn't?

the Japanese govt have tried that 3 times in the last 12 months....  the last time was as recenty as October.

And I think your synopsis of how it will just go away is very simplistic... there will be many casualties in the short term before the long term fix.

Well then they are fucked till EU gets its shit together. And yes my synopsis is worst case scenario how the currency will weaken to its normal levels.