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- Jasdev Sekhon on In Japan, a Culture That Promotes Nuclear Dependency – NYTimes.com
- Matt on In Japan, a Culture That Promotes Nuclear Dependency – NYTimes.com
- Jasdev Sekhon on In Japan, a Culture That Promotes Nuclear Dependency – NYTimes.com
- Philanthropist on In Japan Reactor Failings, Danger Signs for the U.S. – NYTimes.com
- Rishaar on Japan risks nuclear disaster for consumer convenience – CSMonitor.com
Category Archives: economics
FT.com – Tokyo has no option but to cleave to China
While talk of a new industrial revolution may sound optimistic, recall that some of Japan’s best-known companies, including Panasonic, Sharp, and Toyota, laid the foundation of their manufacturing business atop the wreckage of the Great Kanto earthquake of 1923. For … Continue reading
$17.6 billion — better for Tohoku or better for US government?
The Treasury Department says Japan, the second-largest foreign holder, boosted its holdings by $17.6 billion to $907.9 billion. There had been concerns that the March 11 earthquake and tsunami would lead Japan to scale back its purchases so it could … Continue reading
Posted in economics, Great East Japan Earthquake, Japan, United States
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Japan risks nuclear disaster for consumer convenience – CSMonitor.com
The ultimate solution to relying on foolish technology is to rein in our energy consumption. Regrettably, humans appear to be foolish and greedy beings. However, if we are to hand our living Earth over to our children and grandchildren, we … Continue reading
Posted in economics, Japan, nuclear power
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Japanese Officials Ignored or Concealed Dangers – NYTimes.com
The nuclear power plant, lawyers argued, could not withstand the kind of major earthquake that new seismic research now suggested was likely. If such a quake struck, electrical power could fail, along with backup generators, crippling the cooling system, the … Continue reading
Posted in customs and culture, economics, Fukushima reactors, Japan news
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Japan Watching Yen; No Intervention Threats Yet – WSJ.com
He added Japan wouldn’t take action unless the benchmark Nikkei stock average were to fall below 9,000 or the dollar were to dip below Y75. The Nikkei closed down 145.00 points on Friday at 9859.20. Full article here: Japan Watching Yen; … Continue reading
Posted in business news, economics, Japan news
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Nikkei tops 10,000 on news bin Laden dead, but top weighed | Reuters
Japan’s Nikkei average jumped above 10,000 for the first time since mid-March on Monday on optimism that Wall Street shares would rally further later in the day after U.S. officials said Al Qaeda leader Osama bin Laden had been killed. … Continue reading
Posted in business news, economics, Japan news
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Safety Becomes Victim in Japan’s Nuclear Collusion – NYTimes.com
As moves to strengthen oversight were put on the back burner, the new government dusted off the energy plan designed by Mr. Kano, the Tepco adviser and former lawmaker. It added fresh details, including plans to build 14 new reactors … Continue reading
Posted in customs and culture, economics, Fukushima reactors, Japan news
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Fight of the Century: Keynes vs. Hayek Round Two
Excellent video: If you missed round one you can find it here, Fear the Boom and Bust: a Hayek vs. Keynes Rap Anthem. Keynes would favor large scale government projects, like nuclear power plants … Bookmark on Delicious Digg this … Continue reading
Posted in economics
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BOJs Shirakawa Lowers Japanese Growth Outlook, Prepares For More QE, Blames “Mrs Watanabe” For Yen Surge | zero hedge
Zero Hedge comments on why the yen gained so much strength after the big quake. This is worth reading: BOJs Shirakawa Lowers Japanese Growth Outlook, Prepares For More QE, Blames “Mrs Watanabe” For Yen Surge | zero hedge. Bookmark on … Continue reading
The Myth of Japans Lost Decades – Kel Kelly – Mises Daily
The earthquake, tsunami, and lingering nuclear crisis in Japan have devastated that countrys people and their place in the global economy. Can the island nation recover? To see where Japan might go next, we have to look at one of … Continue reading
