Why Japan is the most interesting story in global economics right now

Posted by & filed under Liberal Dribble.

Through the last six years of rumbling global financial crisis, Japan has been an afterthought. In 2008, the world’s second-largest (soon to be third-largest) economy was still dealing with the consequences of its own banking crisis from the 1990s, its economy mired in a generation of economic stagnation and low-level but persistent deflation. If you… Read more »

Taxpayer-backed Fisker lays off 75 percent of workforce; poor sales attributed to global shortage of people named Leonardo DiCaprio

Posted by & filed under Uncategorized.

**Written by Doug Powers Fisker Automotive, as you might recall, received hundreds of millions of dollars in US taxpayer backed loans on the promise of manufacturing cars at a Delaware plant, and then promptly — assembled the first line of Gore-Mobiles at a factory in Finland. Cue the inevitable layoffs: Fisker Automotive, the struggling, government-backed… Read more »