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Pushing Christine O'Donnell's Button

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Love-Child of Cassandra and Sisyphus9/18/2010 10:27:34 pm PDT

A negative side effect of too strong a currency:


Automakers to boost ROK parts sourcing / Japanese firms seek remedies for strong yen

Seeking a way out of a decline in their international competitiveness caused by the strong yen, major Japanese automakers, including Toyota Motor Corp. and Nissan Motor Co., will begin full-scale procurement of low-cost auto parts from South Korean suppliers, The Yomiuri Shimbun has learned.

The Yen is too high… so fewer can afford Japanese goods, especially here in the US.

Well, we’ll just have to settle for something American, like ACDC.