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Christopher Thornberg is a founding principal of Beacon Economics and a member of the Graziadio Business Review Editorial Board. In this report, Thornberg discusses the current economic conditions related to the earthquakes in Japan, the rising price of oil, and the U.S. federal deficit. Based on Beacon’s extensive research as one of California’s leading economic forecasters, Thornberg gives viewers a sneak peek of what’s to come in the next quarter and beyond. For a more in-depth analysis of this report, visit www.BeaconEcon.com, and download Beaconomics.