For those who were fans of the Katz-Fink dialogue, Shane Baldwin offers over at Forbes.com a digest of the reasons why paranoia about Japan's sovereign debt is unnecessary, if not indeed shameful.
Over at The Economist, Banyan (in one what seems to be one of his last columns under his assumed identity) consults the research of Dr. Alexis Dudden in order to answer the question: "Why do we have a mid-summer national holiday celebrating The Sea?" As one would expect, it is not all salt, sun and fun...nor much respect for the mother of us all.
What the drop in crude oil means for Japan
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