Japanese Yen will collapse to 165 against the U.S. Dollar, its weakest level since 1986, warns Goldman Sachs. Japanese Bankruptcies soar to an all-time high due to the yen collapse
Weak yen boosts exporters but squeezes importers and smaller firms hit hard. Japan's central bank balance sheet is falling at the quickest pace in history as they attempt to stop the the rapid devaluation of the Japanese Yen. So far it has been ineffective at keeping the Japanese Yen above 160:1 USD and they appear …
