You and I were all shocked and terrified from what has and is happening in Japan. But the thing that really upset me was that as soon as the news was broadcast that the coast of Japan was hit by tsunami, the value of the Yen went down. It is only the bigger banks of the world that trade in money, so you know who was trying to make the most profit.
Next came the news from the stock markets that all stocks in all the company‘s in Japan fell like a rock. They did this because those manufacturers would be out of business for awhile and would not be able to meet their profit goals which means that those holding their stocks would not get their yearly dividend that they had come to expect from those company’s.
A few days later when they started to see how much had been destroyed, they started to buy the stocks of the company’s that they were sure would be getting the contracts to help rebuild the country. Again thinking that these company’s would be giving out a larger dividend bonus.
All this instead of seeing how they could help the Japanese people get back on their feet. All they think of is “How do I get richer?”
- Japanese Carmakers Feel the Heat Post-Quake (fool.com)
- Disaster in Japan Yet Another Example for Solnit (lifeexaminations.wordpress.com)
- Joe Peyronnin: Japan’s Tragedy (huffingtonpost.com)
- 2011 Japan Sendai Earthquake, Chinese Netizen Reactions (chinasmack.com)
- Japan quake, tsunami take dire toll on economy (seattletimes.nwsource.com)
- Tokyo stock market plunges as its central bank scrambles to shore up economy (oregonlive.com)
- Japan central bank feeds markets money after quake (seattletimes.nwsource.com)
- Japan Earthquake | May Allah Almighty Protect Them (obsidianfactory.wordpress.com)
- Japan supply chain fears rattle world stock markets – BBC News (news.google.com)
- Koreans express sorrow, pray for Japan (mccannexposure.wordpress.com)