Month February 2009

Asia: The coming fury

The sudden end of the export era is going to have some ugly consequences. In China, about 20 million workers have lost their jobs in the last few months, many of them heading back to the countryside, where they will…

It’s Bank Failure Friday again

Riverside Bank of the Gulf Coast of Cape Coral, FL and Sherman County Bank in Loup City, NE went kersplat today and were seized by the FDIC. Update: Two more just got added to the list, Pinnacle Bank of Beaverton,…

Bra for boys is bestseller in Japan

A bra for men becomes the hottest selling men’s underwear item on a Japanese online shopping site. The move has provoked heated online discussion in Japan with thousands debating the merits of male use of the item of underwear. Sue…