Add Japan to the list

The Eurozone is already in recession and now Japan is there as well. It's doubtful that the US Q4 will manage to squeeze in any positive numbers so we're not far behind. Adding to the difficulties in the US are growing rates of consumer bankruptcy which in turn will trigger more problems for families, personal credit and housing problems. As unexcited as I am about bailing out Detroit, we have to decide just how bad we want things to get. If nothing else, Congress needs to tie the next bailouts much more tightly to management bonuses including at the very top.