This earthquake and tsunami were all they needed to beat the doldrums of the last two decades. Right? All those broken windows will spur the economy on, right?
Those lucky Japanese.
A Keynesian paradase!
Somewhat unrelated, but I saw that California was under a tsunami warning and that Obama was “ready to send FEMA” if they are needed. I thought to myself, if i was living in California would I be more afraid of the potential tsunami or knowing that if this tsunami does hit that FEMA will be coming to “save the day.”
Rofl yea. I was relieved when I realized that even though I live on the beach, I’m on a mountian.
The BBC was saying this was going to help Japans economy, and they can’t be biased cause they work for the government!
Yeah, that funny Broken window fallacy… Never knew it could be applied to the case of tsunami.
Could you post a link?
Sorry I saw it on TV so I can’t post a link to the original thing I saw, but this is similar if a bit less biased: http://www.bbc.co.uk/news/business-12717260
And just for good measure: BOJ Starts ‘Massive’ Liquidity Injection After Japan Quake
A monetary aftershock? Hold on to something this one is gonna be rough!
AJ, How far northward are you in Japan?
Not far enough to matter. I hope.