The company reports that the new bubble system, officially termed the Mitsubishi Air Lubrication System (MALS), will reduce ship carbon emissions by up to 25%.
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Risk equals reward, but now the governments of the world want less of the first and more of the latter and more layers to the failed oversight system that let the credit system bubble and crunch.
Apparently there was an air bubble somewhere in their fuel system that was turning this rather simple routine into an all-day affair of filling up and emptying out jerry cans.
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On the financial front, foreign equity players were allowed to help clean up the banking system and to restructure bubble assets.
Elsewhere among the Western democracies, the bursting of the last bubble has led to doubts about the system that blows them.
History tells us that another bubble is always around the corner in the paper dollar system.
When the bubble burst in 1990, bad debts brought the banking system close to collapse and the nation fell into a decade of recession and deflation.
Some galaxies contain black holes with billions of times the mass of the sun, occupying a volume no bigger across than the orbit of Neptune around our solar system but extending their influence through a cosmic bubble 30 million light years across.
But the popularity of the new light-rail system (along with the spectacular burst of the housing bubble) suggests that Phoenicians may be considering a sustainable (shudder) lifestyle.
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But perhaps, just perhaps, those delegates from open societies will reflect that their experience inside the UN bubble at Tunis parallels the internet's position within the political system generally.
Soon after your system is in place, the best learning and improvements will bubble up from the participants themselves.
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We have been at zero percent since December 16, 2008 with recreated bubbles in commodities and equities with the housing bubble still deflating and with toxic mortgage securities still sloshing around the banking system.
What we did have was a housing bubble and collapse with the consequent falling over of large parts of the banking system.
That engendered a housing bubble, which was nourished by the complete abdication of lending standards in the banking system.
The bears too have been surprised by the system's resilience, but they still see a large remaining financial bubble which they fear may burst, possibly plunging America and the world into a depression similar to that of the 1930s, or at least of the past decade in Japan.
The Spanish banking system is plagued by huge and unrealized losses from the financing of the real estate bubble.
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In just a few chapters, he outlines the forces that brought the world to the brink of a bust: a house-price bubble boosted by runaway mortgage lending in the rich world, particularly America, a lightly regulated global financial system that found ever-more creative ways to speculate on rising house prices, and macroeconomic policymaking that was far too laid back about the dangers posed by asset-price bubbles.
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Krugman and much of the left are content to lean on QE2 to deliver the next bubble without high inflation, an outcome they have been able to secure repeatedly in the paper dollar reserve currency system.
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