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December 13, 2008

Economic Descent

japanbusinessdistrict.jpg

As someone perpetually frustrated over the lack of variety and creativity in business images, this jumped out, especially as a counterpoint to all the charts and graphs I’ve been seeing lately.

The photo — a Reuters News Picture of the Year — was taken last month in Tokyo’s downtown business district. The photographer paired it with a caption describing how Japan had entered its first recession in seven years, brought on by the crumbling of third-quarter exports.

Honestly, I’m not sure how to read this, but it did trouble me in terms of the potential length of a recovery.

(image: Michael Caronna/Reuters. November 17, 2008.)

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