2 ms·
There is no new financial crisis yet from the Japan earthquake. But the problem with your assumption is that the real economic damage occurs just immediately a
by blantonl 15y ago
There is no new financial crisis yet from the Japan earthquake.
But the problem with your assumption is that the real economic damage occurs just immediately after a disaster.
The reality is that the actual economic affects of the Japan earthquake will only begin to really show in the next five years. With what is happening at Fukushima now, and the associated supply chain disruptions that are already filtering down the creek, there should be serious cause for concern.
I personally made a long term bet in the Japanese market shortly after the quake, but you can "bet" that it won't pay off for a long time.