Tuesday, 6 March 2012

Reverb from 2011 Earthquake in Japan

The real consequence of the disaster in Japan was confidence in Japan's Nuclear Industry.   It evaporated.
It was clear that the crisis was essentially a man-made disaster. All but one reactors has been shut down and now Japan is facing a huge energy crisis and is building plans to import more gas and coal.

Here is the economic impact - growing Trade Deficits - an unusual issue rarely faced by that country and which is sure to create a Twin Deficits problem.

Japan's Balance of Trade











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