Japan: Earthquake, tsunami, nuclear power plants, volcano, and now this: Godzilla.
Okay, so maybe I’m being too flip too early. But it just seems that everything that can go wrong, is going wrong. It’s like dog pile time on Japan. I don’t think Godzilla did this much damage in the old black and white movies.
Meanwhile, the Nikkei is getting hit (imagine that).
Japan's equity futures fell 6 percent on Monday as investors took stock of the economic damage from the massive earthquake and tsunami that devastated
the country's northeastern region.The yen also slid against the dollar, reversing earlier gains in a volatile morning in which dealers were cautious about
being able to settle trades in thin trading conditions.Japanese automakers, electronics firms and oil refiners saw their share prices drop as much as 12 percent after having to
shutter key factories after Friday's earthquake and tsunami,
which are feared to have killed more than 10,000 people and
severely damaged infrastructure.
Have you seen the before and after pictures of Ishinomaki (via the NY Times)?
