Global Financial Crisis Explained

The financial crisis explained in simple terms:*
Heidi is the proprietor of a bar in Berlin. In order to increase sales,
she decides to allow her loyal customers – most of whom are unemployed
alcoholics – to drink now but pay later. She keeps track of the drinks
consumed on a ledger (thereby granting the customers loans).
Word gets around [...]

The D Word

Someone has finally used the D word,Depression, and I’m not talking about the sort that can be fixed with pink and purple pills. No this Depression was used to express Japan’s economy.
This article states that Japan’s economy shrunk by an annualised 12.7% over the December quarter (interestingly they didn’t use the work annualised on [...]