Date of prediction: 2011-03-14

Nathan Gardels believes that in the long run, the 2011 earthquake will be good for Japan’s economy:

»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.
(…)
The result of all the new wealth creation will be money in the pockets of Japanese to buy global goods and services.«

(The Cristian Science Monitor: The silver lining of Japan’s earthquake)

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