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More Economic Worries From Japan

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Well, it looks like the shit is hitting the fan in Japan--latest victim of financial meltdown---Japan's Origami Bank has Folded!!!

Happy New Year.

The credit crunch hits Japan: Origami Bank has folded, Sumo Bank has gone belly up and 500 employees at Karate Bank have been given the chop :o

Edited by flying

Bonsai Bank plans to cutback some of its branches.

Sushi Bank has something fishy going on -- I hear they're cooking the books.

The credit crunch hits Japan: Origami Bank has folded, Sumo Bank has gone belly up and 500 employees at Karate Bank have been given the chop :D

Flying, Thats not as bad as what I hear is going on at Samurai bank, I heard that heads are rolling because of the secretive off balance sheet debt :o On a more serious note the Jappanese export sector is getting bloodied and there is talk that the BOJ will be revaluing the Yen to above 100 to the U.S. dollar after the first of the year, not good news for PM's if this happens :D

:o On a more serious note the Jappanese export sector is getting bloodied and there is talk that the BOJ will be revaluing the Yen to above 100 to the U.S. dollar after the first of the year, not good news for PM's if this happens :D

:D:D You cant scare me that easily :D

On the plus side, Ninja Bank is in the black.

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