Meanwhile, idiots here that think it is a localized disaster don’t understand the economics.
try a little reading comprehension.
http://search.japantimes.co.jp/cgi-bin/eo20110516a1.html
Of course, the leading and largest US Treasury holder sold off all his bonds and shorted the treasury market. He was doing this BEFORE the Japanese disaster.
Do you think he just looks at the US or do you think he thinks GLOBAL.
Anyone who values their holdings should be paying attention.
I have no use for idiots who think this is a localized problem.
Well, there was a near-record earthquake, and a devastating Tsunami. The nuclear reactor accident is the localized disaster, and it isn’t what caused the major disruption in the economy. It’s having all the factories shut down, and hundreds of thousands of poeple displaced, their homes destroyed.
It’s tens of thousands of people dead, and tens of thousands more injured. The surviving victims and their families I’m sure could explain how the earthquake and tsunami were a little more of a tragedy than a destroyed nuclear reactor.