The Perfect Storm: Semi-Annual Economic Review [View article]
As someone working in Japan and being paid in yen, I am currently pleased with the yen's strength, but I fear your long-term view of Japan is correct. I don't know how much longer its decline can, however, remain graceful. Increasing numbers of the elderly are turning to shoplifting, and a few have committed violent acts of crime to be imprisoned where they will be fed and taken care of for free.
World Oil Supplies Declining Faster Than Expected - IEA [View article]
Don't know when, but interurbans will make a return. They will be privately run, because nearly all levels of government will be effectively bankrupt or deemed too risky to lend money to for such projects. There will be more telecommuting, too.
The Perfect Storm: Semi-Annual Economic Review [View article]
World Oil Supplies Declining Faster Than Expected - IEA [View article]