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divvy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-21-11 10:51 AM
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112. bankruptcy
I am sure the utility will declare bankruptcy... I assume that Japan has bankruptcy laws. Governments are fragile in Japan... it is probably too early to know whether this Prime Minister will survive the crisis. I would think that Japanese lost production would benefit other Asian counties. Taiwan is an alternative source for electronics. Australia will provide raw materials for rebuilding. The strong Yen should help Japan import its rebuilding material and equipment. The Japanese are great savers, but they won't be doing much of that for awhile... they will be spending those savings to rebuild. They will need electrical generating equipment... seems like it might be a good time to build some offshore wind farms.
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