June 08, 2012
Part 5: A strong yen won’t survive Japan’s fiscal cliff. (Illustration by Kiji McCafferty | Column by Gary Shilling on Bloomberg View)

Part 5: A strong yen won’t survive Japan’s fiscal cliff. (Illustration by Kiji McCafferty | Column by Gary Shilling on Bloomberg View)

June 07, 2012
Part 4: With their declining household-saving rate, Japanese consumers are no longer both financing government deficits and sustaining their nation’s current-account surpluses. How is the gap being filled? (Illustration by Kiji McCafferty | Column by Gary Shilling on Bloomberg View)

Part 4: With their declining household-saving rate, Japanese consumers are no longer both financing government deficits and sustaining their nation’s current-account surpluses. How is the gap being filled? (Illustration by Kiji McCafferty | Column by Gary Shilling on Bloomberg View)

June 06, 2012
Part 3: Japan’s deficit-financing model is unsustainable. (Illustration by Kiji McCafferty | Column by Gary Shilling on Bloomberg View)

Part 3: Japan’s deficit-financing model is unsustainable. (Illustration by Kiji McCafferty | Column by Gary Shilling on Bloomberg View)

June 06, 2012
Part 2: Japan’s debt sustains a deflationary depression. (Illustration by Kiji McCafferty | Column by Gary Shilling on Bloomberg View)

Part 2: Japan’s debt sustains a deflationary depression. (Illustration by Kiji McCafferty | Column by Gary Shilling on Bloomberg View)

June 06, 2012
Part 1: A strong yen contradicts a worrisome Japanese economy. (Illustration by Kiji McCafferty | Column by A. Gary Shilling on Bloomberg View)

Part 1: A strong yen contradicts a worrisome Japanese economy. (Illustration by Kiji McCafferty | Column by A. Gary Shilling on Bloomberg View)

January 31, 2012
We’re celebrating the decline of racial segregation in America for the fourth consecutive decade. And we have the dissimilarity index to prove it. (Illustration by Kiji McCafferty | Column by Edward Glaeser on Bloomberg View)

We’re celebrating the decline of racial segregation in America for the fourth consecutive decade. And we have the dissimilarity index to prove it. (Illustration by Kiji McCafferty | Column by Edward Glaeser on Bloomberg View)

September 16, 2011
What do we call the last decade? How about “the oughts?” — as in, “It ought to have been different.” (Illustration by Kiji McCafferty | Column by Jonathan Alter on Bloomberg View)

What do we call the last decade? How about “the oughts?” — as in, “It ought to have been different.” (Illustration by Kiji McCafferty | Column by Jonathan Alter on Bloomberg View)