| The crisis in Europe, the unpredictability of American politics, and the mounting tensions with China make Japan a attractive alternative for investing right now. Japan has been in an economic stasis for decades, some believe this to be triggered by the 1985 Plaza Accords which devalued the Dollar against the Mark and the Yen. Germany recovered from that shock by absorbing East Germany and pushing EU integration. Japan did not have this options, but the new multipolar world order might give them an opportunity. This will probably be to the detriment of Germany and the US, which both probably would like to increase the value of the yen. But given that the American are not perceived as a reliable partner right now, I do not see something like the Plaza Cords coming again any time soon. Plaza Accords:
https://en.wikipedia.org/wiki/Plaza_Accord Impact on Yen and Mark:
https://www.macrotrends.net/2550/dollar-yen-exchange-rate-hi...
https://de.statista.com/statistik/daten/studie/312004/umfrag... |