The Week: Japan’s Earthquake and 6 Financial possible Repercussions

The Week: Japan’s Earthquake and 6 Financial possible Repercussions
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Should we call this another calamity of the Murphy’s law, that the world has to face after the financial crisis that started in 2008?

In all the cases, in addition to shifting Earth’s axis by 4 inches, Japan’s earthquake will definitely have an impact on the world economy.

This post of The Week goes through different domains and the possible consequences.

Excerpt:

“The massive earthquake and devastating tsunami that hit Japan on Friday also threatens a long-ailing Japanese economy, which was recently eclipsed by China, and now ranks as the world’s third largest. The full effects of the disaster are still “unknown and unknowable,” says Carl Weinberg of High Frequency Economics, as quoted by The Wall Street Journal. But the devastation will have serious consequences for Japanese government and businesses, and it could have ripple effects around the globe”

Read here the six key economic questions:
http://theweek.com/article/index/213099/japans-earthquake-6-financial-repercussions