Saturday, 11 May 2013

Endaka

In August of 2012 the Yen set a new record high against the beleaguered Euro; 94 yen would have bought you 1 Euro.
We didn't go home last year.
This year we are planning to go back to Ireland in August (brace yourselves) and as of Friday's closing prices, it now takes 131 yen to buy 1 euro.
That is a decline, nay base jump freefall, of close on 40%.
Now if you are say, Toyota, you are counting all your yen denominated profits and laughing all the way to the 'ginko'. In the three months from January to March alone the company reported profits of $3.2 billion. For every, single yen the currency drops in value against the dollar, Toyota rakes in an extra 350 million dollars in profit.
But I don't work for Toyota, don't have shares in the company, and don't even drive their cars.
I do however have airplane tickets to pay for. As these have now got ridiculously expensive we have decided to invoke the 'Ghost Protocol'. There is a lot I am not at liberty to tell you about, but what I can tell you is that involves flying home via Dubai, slave traders, indefinite bonded servitude, and Cian.
Yes, we will miss him, but listen he's 6, old enough to make his own way in the world and there comes a time in every parent's life when they must loosen the ties that bind and have somebody else bind them, probably with iron manacles, and allow the boy to experience life in all its verisimilitude, or whatever quota of verisimilitude has been allotted to the notorious salt mines of Taghaza.
But at least me and Sanae will be back for the hurling semi finals in August so it should all end well (as long you are not a Clare supporter).

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