The sad story of Japan

The sad story of Japan.

The first month's rent for an apartment is equivalent to the price of 10 canned drinks dispensed by the vending machines, or slightly more than $1 !! And Japan's Housing prices are equal to where they were in the 1980's.

Many economists compare the present US economy to follow the path of Japan, should the Fed's present actions continue. And probably China is now where Japan was in the 1970's.

Japan Goes From Dynamic to Disheartened

www.nytimes.com

For a generation, Japan has been trapped in low growth and deflation, shriveling from an economic giant to little more than an afterthought in the global economy.

When we thought we were rich

‎"cuando pensábamos que éramos ricos" or when we thought we were rich !

This is about housing in Spain; but the housing bubble is present in US, Canada, Australia, China, Hong kong and many many countries still !!

Housing Crisis Threatens Spain's Economic Recovery - WSJ.com

online.wsj.com

Some 1.5 million unfinished, unsold or unwanted residential units could undermine Spain's economy for years to come.

Trade wars !!

Now Trade war between China and Japan, and China tastes first victory. Bad for the world and other countries. And an all outtrade war between USA and China may not be that long away!

Gulf used petroleum for their gains, and now China may use Rare Earth minerals as their weapon.

See also:
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China's aggressive posture stuns Japan, experts - USATODAY.com

www.usatoday.com

A two-week standoff between Japan and China over a boat collision shows the communist state is adopting a more aggressive stance against rivals.

Pseudo-scientific fraud?

No comments !!

US physics professor: 'Global warming is the greatest and most successful pseudoscientific fraud I h

blogs.telegraph.co.uk

[caption id="attachment_100058267" align="alignnone" width="460" caption="Newton: "Fie on you, Hansen, Mann, Jones et al! You are not worthy of the name scientists! May the pox consume your shrivelled peterkins!""][/caption] Harold Lewis is Emeritus Professor of Physics...

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If you go very fast:

If you go very fast there will be too many to block you. If you go slow, you will have so many followers,(probably because) they can't overtake you and you are blocking their progress. If you are ahead of your time, no one will understand you. if you are behind time, you will be a messiah. So follow no one, but your thoughts, because they will only be with you throughout your existence.

Any news is Good News

It used to be said, "No news is good news". Well, now it is "Any news is Good News", as long as Fed is there with their quantitative easings. But how long? Risk can be asymmetric, but it can cut both ways!!

Fed to run the show despite big earnings | Reuters

www.reuters.com

NEW YORK (Reuters) - Not even earnings from big names like Google and GE next week will be able to pull Wall Street's focus away from the possibility of more cheap cash flowing in from the Federal Reserve. Normally

Well all these largesse should definitely result in direct taxes for the US citizens and not so direct in the form of devaluation of the US Dollar, resulting in losses for all those countries holding their reserves in USD denominated bonds or currency.

The invasion of the Bedbugs

The most profitable business in US during the economic downturn!!

The invasion of the Bedbugs.

Bedbug invasion is turning into big business

www.msnbc.msn.com

Bedbugs mean big money — whether you’re a victim or an exterminator.