The SCOPE OF THESE DISASTERS is staggering.
– The earthquake was the largest in Japan and one of the world’s largest earthquakes on record. The quake was 1,000 times larger than the quake that hit Haiti in 2010. The effect of the quake was felt nearly all over Japan. In Tokyo, 120 miles away, we had a 5.0 magnitude quake, it was that powerful!
– The tsunami was one that Japanese say only hits Japan every 1,000 years.
– And resolution is not concluded for a nuclear accident only second to the Chernobyl accident.
– Estimates of damages will top $300 billion, making this 3 times the 1995 Kobe quake, and 4 times that of Hurricane Katrina in 2005.
– These disasters have caused power blackouts hundreds of miles away, disruption of transportation and supply chains and threatening economic growth of the 3rd largest world economy.