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Forums - General Discussion - The Japanese Market is collapsing

Holy crap, the Japanese market is down almost 5% today. The US dollar is at an all time low. I have a bad feeling about this. Nintendo and Sony are falling too.

With the dollar so weak, it makes Japanese products very expensive in the US. Anyone hoping for a price cut from Nintendo or Sony better not hold their breath.

Consequently, this will make the Xbox 360 very cheap outside of the US. 



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well...if Ninty wanted to have a price cut now, it could anyways cause the Wii is relatively cheap to manufacture

Sony is a different story.....



So is this due to Godzilla or Mothra ??? Sorry I have very little insight into the Japanese market...



 

 

 

El Duderino said:
So is this due to Godzilla or Mothra ??? Sorry I have very little insight into the Japanese market...

 more like due to the continnued US subprime fallout

 

thanks to all those losers who couldn't afford houses! thanks peeps! and all the idiotic lenders that continued to open their wallets! thanks morons! 



El Duderino said:
So is this due to Godzilla or Mothra ??? Sorry I have very little insight into the Japanese market...

It's the monster known as George W. Bush. 



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Am I the only one who sees a buildup to a worldwide depression quite possible from this situation?

Several major banks have pretty much collapsed (Northern Rock, Bear Stearns) and markets are falling worldwide.



Rath said:
Am I the only one who sees a buildup to a worldwide depression quite possible from this situation?

Several major banks have pretty much collapsed (Northern Rock, Bear Stearns) and markets are falling worldwide.

It's hard to tell as there hasn't been enough transparency.  This could just be a hiccup (albeit a big one) like the S+L fallout, or even worse.  Thankfully at least there will be a new president to get rid of what has been one of the worst administrations in HISTORY. 



FishyJoe said:
El Duderino said:
So is this due to Godzilla or Mothra ??? Sorry I have very little insight into the Japanese market...

It's the monster known as George W. Bush.


Yeah, pretty scary how one man of such limited intelligence can do so much damage... can´t wait till I get to vote for someone else again... don´t even care that much who it will be as long as he´s gone...



 

 

 

El Duderino said:
FishyJoe said:
El Duderino said:
So is this due to Godzilla or Mothra ??? Sorry I have very little insight into the Japanese market...

It's the monster known as George W. Bush.


Yeah, pretty scary how one man of such limited intelligence can do so much damage... can´t wait till I get to vote for someone else again... don´t even care that much who it will be as long as he´s gone...


 The easiest and most appropriate way out of this mess is to let people line up and for $20 a slap (unlimited slaps purchaseable) get a whack at Greenspan, Bush, Rummie and Cheney.



FishyJoe said:

Holy crap, the Japanese market is down almost 5% today. The US dollar is at an all time low. I have a bad feeling about this. Nintendo and Sony are falling too.

With the dollar so weak, it makes Japanese products very expensive in the US. Anyone hoping for a price cut from Nintendo or Sony better not hold their breath.

Consequently, this will make the Xbox 360 very cheap outside of the US.


 Would it really? Aren't they built in China like everything else?



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