The Silver Lining of Japan's Earthquake
Gardels, Nathan, The Christian Science Monitor
A massive earthquake and tsunami have accomplished what Japan's fiscal policy and central bank could not. Rebuilding a large swath of Japan will stimulate domestic growth and global demand, energy- efficient technologies, while helping to integrate China and Japan.
No one - least of all someone like myself who has experienced the existential terror of California's regular tremors and knows the big one is coming here next - would minimize the grief, suffering, and disruption caused by Japan's massive earthquake and tsunami.
But if one can look past the devastation, there is a silver lining. The need to rebuild a large swath of Japan will create huge opportunities …
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Publication information: Article title: The Silver Lining of Japan's Earthquake. Contributors: Gardels, Nathan - Author. Newspaper title: The Christian Science Monitor. Publication date: March 14, 2011. Page number: Not available. © 2009 The Christian Science Publishing Society. Provided by ProQuest LLC. All Rights Reserved.
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