Popular myth and, allegedly, the laws of aerodynamics have it that the bumblebee should not be able to take flight. Yet still, our good bumblebee refuses to be pulled down by such details and year after year it takes flight as if nothing has happened. This allegory applies, with some imagination, to Japans economy too. [...]

Many people feel tremendous stress regarding financial matters and this often has detrimental effects on their relationships and is one of the leading factors for divorce.  Like a doctor who elucidates an extremely negative diagnoses I somewhat dread explaining The Great Credit Contraction to people because of the massive effects it is having upon both [...]

When I was a child, I loved to hoard money. I didn’t usually have an allowance, but I’d get money one way or another, here and there, and I was loath to spend it. I didn’t have a bank account, either—I kept my cold-hard cash where I could see and admire it, always. I had [...]