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General News    H2'ed 3/19/11  

The Other Tsunami -- worldwide economic pain

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John Little
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According to Wikipedia:

Sony is the world's fifth largest media conglomerate with US$77.20 billion (FY2010)

Toshiba-made Semiconductors are among the Worldwide Top 20 Semiconductor Sales Leaders.

Toyota is the world's largest automobile manufacturer by sales and production.

Honda has been the world's largest motorcycle manufacturer since 1959, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year. Honda surpassed Nissan in 2001 to become the second-largest Japanese automobile manufacturer.

Nikon's products include cameras, binoculars, microscopes, measurement instruments, and the steppers used in the photolithography steps of semiconductor fabrication, of which it is the world's second largest manufacturer.

Panasonic, since its founding in 1918, has grown to become the largest Japanese electronics producer.

 

The companies of Japan have to regroup and rethink their global strategy in light of this devastating blow that Mother Nature has delivered unto their doorstep. Their ability to mass produce on a global level has been destroyed. It will be decades before the Japanese economy will fully recover, if it ever gets a second chance.

 

The secondary effects of this economic tsunami will be the limited worldwide supply of automobiles, electronics parts, motorcycles, and a vast array of high-tech advanced machinery that will now never see the light of day. The world paradigm of which Japan was such an integral part, will now have to be redefined in unknown ways by those who have yet to step forward.

 

If the banksters of the modern industrial countries wanted to scare the world into submission, Mother Nature has just upped the ante. "I'll see your phony fiat currency and raise you several nuclear power plants and the third largest economy on the planet. Uh, your move, human."

 

We will now see what happens when some of the largest companies in the world are suddenly and dramatically shut down and what happens to the rest of us. The banksters still have another trick up their sleeves to humble those who haven't yet been turned homeless by their previous antics. And Mother Nature is standing by to make sure that HER rules are respected, regardless of what the puny animated form known as humans might do in the interim.

 

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66 year old Californian-born and bred male - I've lived in four different countries, USA, Switzerland, Mexico, Venezuela, and currently live in the Dominican Republic - speak three languages fluently, English, French, Spanish - have worked as a (more...)
 

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