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Jim C.
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Japan "Wins" 2020 Olympics: Final Nail in Yen Coffin? - Mish - Global Economic Analysis

Not to mention the "unbelievably small" (as Kerry might say) problem of radiation at Fukushima. Since the event the situation has worsened but it's possible things could improve by 2020 -- but who would believe it anyway. Even if there's no disinformation, some are divided on the seriousness of the problem. And the world is sending their best young athletes to compete there? However, the official line is that the situation is under control.

UPDATE: A story today has an expect in Japan saying the situation at Fukushima is not in control: http://www.zerohedge.com/news/2013-09-13/tepco-official-admits-fukushima-out-control#comments

Well, as the saying goes: "What doesn't kill us makes us Strontium!"

Commented 3876 days ago

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Beginning of the headline :Japan is all aglow that it "won" the 2020 summer Olympics. “When I heard the name Tokyo, I was so touched, overwhelmed,” said Shinzo Abe, Japan’s prime minister. “The joy was even greater than when I won my own election.” “Japan has seemed to be overshadowed by the rise of China and other developing nations,” said Harumi Arima, an independent political analyst. “These Olympics will give Japanese a chance to feel reborn, to feel for themselves that Japan can still be vibrant.” Touching Inde... Read More

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