Japan

Japan's yen stayed strong during last year's economic fallout, but now,

Barclays' latest forecast is for Japan's fourth-quarter real GDP to decline 3.2 per cent from the previous quarter, which would translate into an annualised fall of 12.1 per cent, Mr Morita said. That would be the biggest contraction in GDP since a 13.1 per cent annualised drop in January-March of 1974, when Japan was reeling from the early 1970s oil shock. - Business Times

Will the yen drop now that Japan's economy might be heading for deflation?

And now that so many Japanese are losing or have lost their jobs, I wonder if the economy will be better by the time I graduate... Enough that I can go teach there!