Tuesday, January 3, 2012
Japan Tsunami
Internationally, I believe the most significant event economically was the tsunami in Japan. Their stock market crashed. In fact, their market was only open 15 minutes after the disaster. The economy, being the third most innovative in the world, took huge effects. Factories closed, workers lost their jobs and even lives, flights were disrupted, and even phone lines were cut off. In the end, lives were lost and cannot be regained as an economy can.
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2 comments:
I also agree with Jack that the Japanese tsunami was an important event from 2011. Before reading his post, I did not know that their stock market crashed only 15 minutes after the disaster. That surprised me very much. Many people were effected by this tsunami, which makes it such an important event. Especially for those in Japan, it changed their lives significantly.
I agree with this post. The Japanese tsunami happened many months ago, but people living in those areas are still suffering from the disaster. For people in Japan, I think they would definitely think that it's the highlight of 2011 because of their stock market crashing and lives and homes being lost.
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