Even for those deeply worried about old capital and weak consumption there are grounds for optimism.
For 2007, with funds' old capital losses now completely exhausted, investors will find taxes even more of a burden.
In Kazakhstan's old capital of Almaty, a modern factory produces Kourt, a hard cheese, and a range of camel milk sweets.
Yet among the blocky skyscrapers and highways running through the sprawling city like monuments to the country's rapid industrialization, are vestiges of the 600-year-old capital.
Geographically, the old capital was in the extreme southeast corner of the country, near the border with China, and cut off from the rest of the republic.
Casey Institute's four- year-old Capital Markets Transparency Initiative is the same: State governors, legislators, treasurers, as well as pension fund managers and board members must avoid making in the future the kinds of mistakes that Pennsylvania's State Employees Retirement System (among others) has made in the past.
In August the German government returned from Bonn to the old imperial capital, Berlin.
Most fly directly north to see Machu Picchu and the old Inca capital at Cusco, preferring to walk the more famous 45km Inca trail.
This is despite stiff competition on London's relatively crowded airwaves, and rumours that Tarrant is now considered "too old" by Capital's young listeners.
For governments large and small looking to unload old and unused capital goods in exchange for cash, and buyers hoping to get their hands on some serious, if dated, hardware, Government Liquidation is the place to be.
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The old models contend that capital supply is highly sensitive to changes in tax policy, and that a zero tax rate is needed to prevent capital from drying up over the long run.
"For me, I'm very happy he's coming, " said Juana DeArmas, a shopkeeper in the capital's Old Havana neighborhood.
The transformation exacted a price from possessors of old skills and of sunk capital, which is why the Luddites went around smashing machinery.
The Kabul blast, which killed at least 59 people, ripped through a crowded ceremony outside the Abul Fazal shrine on a riverbank in the capital's old city.
He also narrowly won Virginia, home to the capital of the old Confederacy, and a state that has not voted Democratic in a presidential election since 1964.
The Edinburgh World Heritage Trust has been using thermal imaging cameras to show residents of the capital's old and new towns how best to cut their bills.
Ruckus, a 10-year-old company backed by Sequoia Capital and Motorola Mobility with about 600 employees worldwide, is part of the unsexy side of tech in Silicon Valley.
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They tuck with aplomb into a street-food supper of kushari (a local snack-food staple of pasta, lentils, tomato sauce and fried onions), bought in steaming ladlefuls from a little stall in the capital's old city.
Born in the capital of the old Confederacy, brought north by her parents as part of that great migration, Dr. Height was raised in another age, in a different America, beyond the experience of many.
In Silicon Valley talent is so dear to the capital markets that an old tradeoff is gone.
Recent selling in DELL will give traders another shot at capital appreciation in the old school PC maker.
That meant banks had to drop the old partnership structures and raise new capital, going public in the process.
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Dynegy's 35-year-old coal plants are "huge capital hogs, " Bergstrom says, that cost ten times as much to maintain as modern gas units.
It tends to be controlled by people who have too much of their own personal credibility and capital invested in the old model.
In the upcoming issue of Forbes, I have a story about Gerrick L. Johnson, the 38 year-old toy industry analyst at BMO Capital Markets.
Any strategy should be focused on one thing: getting capital out of the old economy, so that it can be invested in new and growing businesses in an asset-light economy.
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National competitiveness is a slippery and sometimes incoherent idea, but a coherent version is to take it to mean a population with the human capital to adapt when old jobs go away, and shift quickly out of dying industries and into growing ones.
It is possible that the price of bonds of the better telecoms firms, such as Telewest and Nextel, could double in the next two years even though they pay yields well in excess of 20%, a gain usually associated only with the best years of venture capital, not boring old bonds.
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