The Economic Impact of Japan's Earthquake
http://thedianerehmshow.org/shows/2011-03-16/economic-impact-japans-earthquake
As Japan struggles with a humanitarian crisis, damage from the earthquake also threatens its economy. Production of cars, computer chips and other goods has been disrupted. A discussion of the disaster's impact on the world's third largest economy and the possible rippling effects on a fragile global recovery.
Guests
Nicholas Szechenyi
deputy director of the Japan Chair at Center for Strategic and International Studies, where he is also a senior fellow, former news producer for Fuji Television in Washington, D.C.
Greg Ip
U.S. economics editor, The Economist, and author of "The Little Book of Economics: How the Economy Works in the Real World."
Peter Morici
a professor of International Business at the University of Maryland, former Director of Economics at the U.S. International Trade Commission.
Tom Gjelten
correspondent, NPR, and author of "Bacardi and the Long Fight for Cuba: The Biography of a Cause."
Comments
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Japan is second only to China in the list of lenders to the U.S. They hold some $880 billion in bonds.
Bank of Japan has already put some 15 trillion Yen (about $182 billion) on the street. Are they "printing it", which would devalue their currency? Or are they cashing-in U.S. bonds holdings?
Please ask you guests to assess the impact on US Treasuries if Japan is forced to liquidate some of its holdings to finance the reconstruction after the disasters.
As a residential Architect and builder, Average houses in the USA have air changes of 10 - 20 changes per hour. I am not familiar with practice in Japan. The tight houses have air changes of 2-3 changes per hour. It seems to me that this would make a house not a safe place to go seeking refuge from toxic particles in the air. I certainly, for myself and my family, would not concider this a good solution.
Such a broad and complex subject area seemed to overwhelm the panel. Audience members had difficulty formulating meaningful questions on this topic. I'm so-so on foreign affairs but there was very little new information for me in this program. I think the truly strategic esoteric economic information and implications are being withheld from the general public (globally). There are always speculators and insiders who stand to benefit in a crisis. And there are opportunistic policymakers planning to take advantage of Japan and the citizenry here. Foreign affairs has become subject to partisan extremism in recent years after having been bi-partisan for many decades. The misinformation David Petraeus recently presented before Congress is a prime example. The push for nuclear power in the USA is so strong among the corporate elite that I doubt we'll ever be fully informed about the Fukishima accident. It is sad that the segment of our population who consider themselves informed on nuclear issues is operating on a "Popular Science" magazine level where research and theory are presented as without a downside, and practically a done deal. Seeing the Shuttles retired without new space vehicles instructs me that we may not have the capability of undertaking another round of nuclear power. One incident reverses all the gains of the entire project. You not only risk a shuttle crew in defective and outdated equipment, but 7 billion Earthlings.
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,351
恩，看了挺好,708，不好也挺着看了
星星还是那个星星，月亮也还是那个月亮,534，但是人变了！