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The Latest Japan Earthquake And Tsunami Could Be Japan's Saviour
2011-03-16
    Japan has been in the economic crap for the past 20 odd years with no future in sight until the earthquake and following tsunami flattened the place and took out a few nuclear power stations. Well this area has to be rebuilt after they finished counting the people who didn't make it. I still think the death toll will be in the 100s of thousands not the 10s of thousands they are talking now.

     And who better to rebuild it than arch enemy China. If China and Japan can somehow overcome their sordid historical past and start planning their future together, Asia will benefit. Hong Kong will go down to the bottom of the pile. I think Hong Kong is a classic case of not adapting to the future. Before they made things happen, now they are watching things happen and in a few years time they will wonder what happened.

     If China and Japan can set up currency swaps to sort out the mess from the earthquake then that is a start to China floating its Renminbi. And once China floats its currency that will be the end for Hong Kong. Hong Kong will be as Marc Faber from the Doom and Gloom report said on the Monday Face in the Hong Kong Morning Post before the handover. In 10 years time Hong Kong will be a city of no significant importance or something like that. Even though we have gone past that time frame Hong Kong is heading that way.

     The future is China and if China and Japan can work out their differences using rebuilding Japan after the tsunami as a way to go forward then the 21th century will truly be the Century of Asia.

     Actually rebuilding the areas that have been wiped out will stimulate economic growth and that might just drag Japan out of its recession death spiral. Japan has been on the hit list of countries ready to collapse for a number of years now and this might just turn things around.

     Peter

http://www.animalsdinosaursandbugs.com/Weakest-Link2.htm
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Hi I'm not into saving the planet I'm just into saving your little corner of it.
Life on the OverPopulated Planet looks at global warming and peak oil and how they will impact our lives in the very near future. This blog is for the people who care and realize our lives are going to change very rapidly very soon and it doesn't matter what the politicians say.

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