Monday, March 14, 2011

Japan Fukushima

In Fukushima, the place where tsunami strike and where nuclear plant exploded in Japan. It is a place for tourism, fishing and seafood industries and also electricity industries. It has got no major import or export industries there.

In the past, wherever countries or places suffer from natural disaster, the economy pick up. Why? because of rebuilding. New projects needed to build this and that. Lots of things happening.Eg US natural disaster, Indonesia, China etc. These will bring up more things to 'do'. As in the demand for raw material will increase.

Do you think it will really crumble the economy of Japan?? I dont think so.
Do you think because of these we are going to suffer another slow down to the world economy?? I dont think so