Tuesday, March 13, 2012

Reflections on 3/11, the Tohoku Earthquake on year on

...even a disaster of this magnitude has only a transitory impact on a large, diversified economy...
...the collateral damage Japan suffered from the US financial crisis was about four times the size the economic damage it suffered from the earthquake...
Here I am on the Japanese economy on the Canadian Business News Network.
Mike Smitka
...without nuclear power it will be a long, hot summer throughout Japan...indeed [not a point I made on the show] deaths in this summer's heat waves will surpass those stemming directly from the Fukushima power plant disaster...

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