Topic: Crisis in Japan
Any opinions as how it will affect global econ? I'll buy oil futures soon for sure ![]()
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Imperial Forum → Politics → Crisis in Japan
Any opinions as how it will affect global econ? I'll buy oil futures soon for sure ![]()
nuclear reactors malfunctioning? oil prices are probably gonna go up as the Japanese will need a different energy source.
Besides that it'll have a negative effect on Japanese markets and stocks, as it is already doing right now.
nah thats easy to say, I never saw a country suffering a disaster and economy going up after.
Now the question, did Gadafhi farted to provoke the earthquake and pissed to provoke the tsunami??? because now all the world press is focused in Japan while he smashes the Libian rebels and civils ![]()
nah, seriously, idt 'crisis in Japan' must be discussed in politics. Its a disaster probably provoked by the human interaction with earth thru the years, we had EQs before anouncing this one (NZ), everyday news talk about million fishes dying at some bay, bees disapeering, icebergs melting, and stuff like that, but we just swap channel to watch stupid reality shows...
dont you see reality is way more interesting right now?? wait in your armchair eating your stake until it comes to you ![]()
damn hipocrytes
just an adition so you have something to think about:
"The world is not prepared for the end of the world, if not, it wouldn't be called the end of the world"
the 2012 clock in UK stopped, this is proof that 2012 has already arrived and will last 10 years
> [Render] wrote:
> nah thats easy to say, I never saw a country suffering a disaster and economy going up after.
1: Japan has been suffering from a "lost decade" of stagnation since the 90's (so technically not just a decade, lol), featuring a big lack of liquidity and investment for a while. Natural disasters do create huge amounts of destruction. That being said, they also create a new demand for reconstruction, especially in developed nations (it's much easier to attract an investor to an industrial giant, as opposed to a developing nation, assuming the industrial giant has a need to be filled through investment). Development, by definition, is an infusing of liquidity into a market. This is a direct effort against the primary thing hurting their economy.
2: A large portion of the cause for Japan's lost "decade" was that the government was working closely with businesses to construct monopolies within the system. These reforms were already beginning to take place. That being said, with the current crisis devastating Japan locally, it will need to call in outside support (and thus outside competition) to develop its infrastructure and economic base. The result? A direct conflict with the very forces which were damaging the economy.
3: Rather than re-hashing this, I'm posting the link again.
http://www.youtube.com/watch?v=d0nERTFo-Sk&feature=player_embedded#!
Say it loud, say it proud! We're all Keynesians now!
EDIT: Okay, fine, the video (and the argument resulting) is probably not the most important of my arguments... in fact, it's probably meaningless... I just like the video!
I say take it easy Japanesy
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