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Olduvai III: Catacylsm
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Why the Bank of Japan Can’t Stop a Sudden Collapse of the Yen

Why the Bank of Japan Can’t Stop a Sudden Collapse of the Yen On Friday morning in Tokyo, the Nikkei stock index was up again, at 20,600, highest in 15 years. Since “Abenomics” has become a common word in December 2012, the Nikkei has soared 128% on a crummy economy, terrible government deficits, and an insurmountable […]

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Japan Boosts Defense Spending to Counter China Island Claims

Japan Boosts Defense Spending to Counter China Island Claims Japan will increase defense spending for a third straight year as Prime Minister Shinzo Abe seeks to counter China’s claims to remote islands in the East China Sea. The budget for the year starting April will be 4.98 trillion yen ($42 billion), up from 4.84 trillion yen in fiscal […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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