Barely a week from the events in Japan and the consequences of the tsunami begin to gather way. Japan had to deal with three disasters: an earthquake, a tsunami and now nuclear radiation. The loss of human lives is the most regrettable element in this story, but also that the whole population will suffer from these events in the future. And mostly finances are the issue.
As we have mentioned about the shortage of electricity and the nuclear radiation wave, we must add that if you have noticed a slight rise in prices at the pump, this is also due to the disasters from Japan. Up until recently, Japan was the principal nuclear power, advocating for it as well. However, the explosion of two reactors at the Fukushima plant and the spreading of nuclear radiations have changed the global point of view, who fears now nuclear plants. That is why the demand for oil increased and with it, its price.
Japan is a country known to have suffered from economic crisis, and one of its causes is that the domestic spending is not high enough. Consequently, anything which demands the government to spend more, will help the economy. Over the next few years, it is a sure fact the Japan will invest in building infrastructure and factories, which will lead, in turn, to economic growth on the medium term.
Oil and its fluctuating price can easily destabilize the global market; all the events throughout history have shown us this. The recent events from Japan have led to a slight increase in the prices of oil because nuclear power was discredited globally. Everyone fears the nuclear radiations produced upon the explosion of two reactors at the Fukushima plant. And the result can be seen at the pump, where we are going to pay more.
The following few years will be difficult for Japan, and maybe for the rest of the world, and investments will maybe change their pattern. but a good side of what happened in Japan is the fact that people will bind together and help each other. As for the economy, for measures of safety in this unstable society, successful investors and economists suggest we should invest in safer commodities, like gold, because its price is never affected by the economic mutations.
As we have mentioned about the shortage of electricity and the nuclear radiation wave, we must add that if you have noticed a slight rise in prices at the pump, this is also due to the disasters from Japan. Up until recently, Japan was the principal nuclear power, advocating for it as well. However, the explosion of two reactors at the Fukushima plant and the spreading of nuclear radiations have changed the global point of view, who fears now nuclear plants. That is why the demand for oil increased and with it, its price.
Japan is a country known to have suffered from economic crisis, and one of its causes is that the domestic spending is not high enough. Consequently, anything which demands the government to spend more, will help the economy. Over the next few years, it is a sure fact the Japan will invest in building infrastructure and factories, which will lead, in turn, to economic growth on the medium term.
Oil and its fluctuating price can easily destabilize the global market; all the events throughout history have shown us this. The recent events from Japan have led to a slight increase in the prices of oil because nuclear power was discredited globally. Everyone fears the nuclear radiations produced upon the explosion of two reactors at the Fukushima plant. And the result can be seen at the pump, where we are going to pay more.
The following few years will be difficult for Japan, and maybe for the rest of the world, and investments will maybe change their pattern. but a good side of what happened in Japan is the fact that people will bind together and help each other. As for the economy, for measures of safety in this unstable society, successful investors and economists suggest we should invest in safer commodities, like gold, because its price is never affected by the economic mutations.
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