As we are all aware, a major tragedy struck Japan over a week ago. The loss of life, damage to property, and risk of radiation from nuclear power plants have been all over the news. There are scarcities of water, food, and fuel in the impacted area for residents and rescue workers. Additionally, Japanese stocks have fallen as industries have lost production. Japan is a major exporter in the region and that means less goods for other nations.
Read and answer questions on any one of the links and stories below. After answering them, include this question at the end: what could the U.S. could learn from this experience?
The cost of rebuilding will put burden on Japanese debt which is already one of the highest in the world.
Who will pay for the rebuilding in Japan?
How will Japan finance this debt?
Why do they already have such a big problem?
Production of energy is vital to operate a nation's industry. With the loss of nuclear plants, Japan must rely more on natural gas and foreign petroleum. This impact on foreign oil may affect prices throughout the world.
What affect could this have on the U.S. Economy? Why?
Why would other nations look to buy Japanese yen in this situation?
How would we benefit from this?
The World Bank is an nongovernmental international organization whose purpose is to assist nations with loans. They forecast a temporary slowdown of the Japanese economy, followed by a recovery. Read the article on the link.
Based on the reading, explain in your own words how an economy's GDP could benefit from this situation?
Be specific to what is happening to Japan and how that relates to a nation's GDP.
Japan's situation is definently one that affects the U.S. And many other world powers as our economy ties into Japan's and relies on their economy for exports. To answer the rebuilding costs, I would say that all of the countries helping Japan should pitch in as much as they can to provide them with whatever they need to get the job done. There will probably be agreements between countries and Japan for the next several years that will require Japan to repay their debts in any way. The U.S. will have to provide a large amount of oil and so will other countries to Japan, raising the demand and prices of oil around the world and especially in America. Many countries including the U.S. Will want to buy Japanese yen because it generates money in Japan which will help their economy and ultimately the buyer's economies.
ReplyDeleteJacob Farrar
ReplyDeletebauer 4th
The issue in Japan can effect our economy in many ways. One way is raising oil prices. Another is inflating our money. Other Nations are buying Japanese Yen becuse it is cheap now and then trade it back later when the value rises. We can benifit from this by looking at how this situation and how it is played out and then be ready if this happens again. We can also look at this as an opertunity to invest and make money.
Basically, the Japanese government, because of its earthquake insurance helping policy and whatnot, will be forced to fund most of the rebuilding. The first article said that private insurance companies will bear only about 6% of the losses! That means that the Japanese government will have to sell a ton of bonds to pay for this crisis. The government has already had trouble with an aging and declining population that has slowed down GDP. Previous efforts to expand GDP have resulted in the world's second-largest debt (comparative to GDP) and inflation. The Japanese economy has rough times ahead, with possible high inflation and reduction in GDP.
ReplyDeleteCaleb Boyd
Mr. Sloan
Per. 2
Not only the US, but many countries around the world will suffer from Japan's state because they are such a large producer and exporter. Other nations could buy Japanese yen around this time because the value of yens will inevitably change drastically now. We could benefit from this because Japan's loss of ability to produce puts needs to other countries. The US could become a more relied upon producer and exporter because countries could have to find new places to receive different products from. We should think about where we would turn to and what countries to rely on if a tragedy like the one in Japan happened here. Almost all of the money will be coming out from the government for reparations in Japan. That could cause huge inflation and messed up GDP, so our government should figure out a plan to have that not possibly happen here someday too.
ReplyDeleteThe earthquake in Japan is devastating, however, in the first article, it is said by one man that the tragedy will not have a very long-lasting effect on Japan's economy. The consumers are going to end up paying for the reconstruction in Japan. Japan already has such a big problem because they have one of the highest debts in the world. With this tragedy, spending is going to increase, landing them in an even deeper hole. One thing the U.S. can learn from this event is how to prepare and be ready for something like this; no one knows what the future holds.
ReplyDeleteThe United States can learn to financially protect itself for stability. You never know when a natural disaster could occur, & this event left Japan with no choice but to rebuild. To rebuild, Japan is forced to borrow more and more money from other countries. Japan may even have to attempt the difficult task of raising the value of the yen in order to get their economy back on track. The US is currently in a lot of debt, and if a similar event to Japan happened in the United States we could not be financially stable enough to handle the recovery. The debt should be handled more efficiently instead of being put off by other expenses. One day a natural disaster like this could literally kill our economy.
ReplyDeleteDevin Smith, Mr. Bauer, P.1.
Japans state will casue a really big problem for the United States because like Danielle said they are large producer and exporter.I believe that if the United states gets involved in this then we are just going to go more into debt then we already are. It can also effect us by the oil prices going to increase more which will hurt us alot.
ReplyDeleteJaskiran Kaur
Mr. Bauer
Government
Period 2
the japanese consumers are going to end up having to pay for the reconstruction. hopefully this disaster wont have a huge and long affect on japan like stated in the first article. japans GDP has not been the best lately. that is a huge reason why they have had problems lately. i believe the US can learn to be prepared for anything. nobody knows what will happen next or even where at.
ReplyDeleteThe world will pay for the disaster relief because they will ask for assitance and the governments will give them money and the tax payers will pay for it. Japan will finance this debt by asking for money and paying astronomical interest fees. they have so much of a problem already because when the world were rebuilding their economies in the 50s and 60s we were supporting them. We could learn to be more self-sufficient, we rely on others just like the japanese and now they and us are paying for it.
ReplyDeleteThe Japanese government will have to come up with billions of borrowed dollars. Japan will finance this debt by issuing more bonds to cover the cost which is a a risk that they'll have to take. they already have such a big problem b/c their economy over all is down and doing very bad, plus this. their debt is going to become out of control!
ReplyDeleteadilene vazquez
sloan period onee
Japan can affect our economy in good and bad ways. Sometimes it may raises prices on things we purchase or it may buy more of our goods. THe thin is we do not need to invest in any Japanese things. We need to be self-sufficient and care about our country at this time.
ReplyDeleteknowing the U.S. we will take control over all things going on in japan, as with Libya, Egypt, Iraq, Afghanistan, ect. we'll keep sticking out nose where it doesn't belong. but helping the Japanese isn't necessarily bad, we should have kept to our selves and repaired our economy first, so that when things like this happen, we don't dig ourselves deeper while helping japan out.
ReplyDeleteA major tragedy recently struck Japan. The massive earthquake and tsunami to follow had left many dead, and many more injured and left homeless.
ReplyDeleteAn unexpected natural disaster of this magnitude can definitely cause disruption in the markets. As it can effect business, agriculture, and education. However, there is an issue with the nuclear situation that can cause long-term consequences. And I feel if anything is going to affect the market, it would be something like this.
This comment has been removed by a blog administrator.
ReplyDeleteThe tragedies in Japan cause Japan's economy to slowdown. The slowdown now will cause the economy to increase and recover sooner than expected and eventually RGDP will also increase but at a slower rate. The US should learn that that unexpected things can happen and we need to be prepared for the worst and be able to respond quickly in order to help the citizens in need. Sloan p.3
ReplyDeleteWith preliminary estimates at around $200 billion, the Japanese will have to issue more bonds to cover the cost of reconstruction. Japan will have to borrow a lot of money from other countries to pay for the damages left by the natural disaster. The U.S. can learn to be better prepared for situations like this by doing more to improve the economy, because an event such as this would leave our ecomony in ruins.
ReplyDeleteThe tragedy in Japan will definetly hurt the global economy because they are a large producer and exporter. Even though they are our allies i dont think we should get too higly involved in the problem because we are already involved in problems around the world and we cant even address the problems here.
ReplyDeleteGerardo Salcido
Bauer P.5
Rising prices of barrels of oil would be detrimental to our economy. We already have gas prices rising rapidly as it is. If it continues to rise people will not be able to afford gas. If they cannot buy gas they cannot go anywhere. If they cannot go anywhere, they cannot make or spend any money. The tragedy across the Pacific could greatly hurt us as well. The sooner we can get Japan back on its feet, the sooner our country may be in better shape.
ReplyDeleteMr. Bauer, Period 2
ReplyDeleteI agree with fit4life. The U.S shouldn't really be worrying about japan, when our economy isn't so hot right now, i really think that Obama is taking advantage of these situations to boost his popularity with americans, seeing as how he is not the favorite person in the U.S right now. I dont think the crisis in japan has too much of a direct impact on our economy except for the time being put in to help them out. Our government should focus on helping their people first then worry about other countries.
Joeylee Maimone, Sloan 4
ReplyDeleteThe Japanese government will be paying for the rebuilding of Japan. They will be borrowing an awful lot of money and using bonds to make up for the debt they are in.
Since japan is going to need a lot of materials to rebuild their country hopefully this can help the ecomomy of other countries. Sloan per 1
ReplyDeleteWhatever happen in Japan is very big and serious. It could hurt U.S. economy because Japan is big producer and export. The Japanese Government should be paying for the rebuilding construction, Help their people. Other nations that are wealthy should help as well.
ReplyDeleteSania Bacha
Bauer/P.3
What happend in japan was horrible lifes were lost,and the place got torn apart.Its going to take a long time to reconstruction japan.It will deffinatly have to borrow a lot of money from others to pay for the big damage.Also many countries are going to suffer because they wont be able to get the goods that japan would produce for them.
ReplyDeletetania hinojosa sloan p5
Japan already has problems with financial system and their population declining. In Japan, there have already been four recessions and left growth virtually flat-lined, with GDP rising, on average, less than 1 percent a year. Japan has one of the world's highest public debt burdens. Now after the disasters that occurred, Japan will have to issue more bonds to cover the cost, which increases their debt.
ReplyDeleteChrissy Vue
Sloan
Period 3
Japan has to borrow more money from other countries in order to be able to rebuild. The U.S. can learn how to prepare for a situation like this.
ReplyDeleteGuadalupe Velasquez, Sloan period 1
the japnese government will be in more debt, but they will help the construction industry.
ReplyDeleteForrest MacDonald
Production of energy is vital to operate a nation's industry. With the loss of nuclear plants, Japan must rely more on natural gas and foreign petroleum. This impact on foreign oil may affect prices throughout the world.
ReplyDeleteWhat affect could this have on the U.S. Economy? Why?
Why would other nations look to buy Japanese yen in this situation?
How would we benefit from this?
Japan relying on natural gas and foreign oil could raise energy prices in the US because now another nation needs energy and it will all come down to who is willing to pay more for it. I dont see a way the us can benifit from this world tragedy, its such a negative thing
Japan is going through a very tough situation right now. Who is going to rebuild Japan? Thats an excellent question, i think that is going to take a very long time for Japan to get rebuild. The government is going to have to get a huge loan to get back Japan on its feet again. The government is going to have to find a way to rebuild Japan. On top of that they already have a huge problem with their deficit.
ReplyDeleteThis disaster will definately affect the u.s. the japanese government is going to have to pay for all the damages with the help of other countries. japan is going to need to borrow alot of money which will put them in debt.
ReplyDeletevictor alvarez
sloan
p5
Japan's recent natural disaster, is going to leave this country in such great debt due to all the damage that has been caused. It will obviously need several countries to help with huge donations to assist in recovering all the damage caused.
ReplyDeleteChristina Luna
Bauer
Japan's economy is experiencing a decline that's probably the worst the world has yet to see. Because of the population decline and this new natural disater Japan's economy is literally washing away. To be able to get out of this economic downturn Japan will have to borrow but the rising price of Yen means less and less countires will look to Japan for exports and the cost of making new money and rising iterest rates aren't helping the businesses either. The only way Japan can get out of this trouble is for private investers to take some of the responsibility and help pay some of the debt. America can learn a great lesson from this and realize this could very well happen to us.
ReplyDeletethe problem in japan will affect us in a way because they are a large producer and exporter.Even though they are allied with us we shouldnt get into more economic problems with them then we already have in the U.S. The japanese will have more jobs rebuilding comunities but they are going to have to borrow money from other countris which they will get indebt.
ReplyDeleteThe situation in Japan could help the US economy because the US could buy Yen and wait for the currency to appriciate, allowing the US to earn interest and sell the currency, hopefully helping the US get out of the huge deficit.
ReplyDeleteJapan will have to continue borrowing in order to rebuild, since they do not have a good enough economy to support the construction themselves. The rest of the world, including the U.S., is not in a good enough economic position to give a ton of money away to Japan. Individuals can help tremendously because they know what they have to save and give away, and they're not in billions of dollars of debt like the government. As for the effect of the disaster on global trade, there will not be a lasting effect according to FedEx CEO, because the tsunami did not affect a big enough portion of Japan's source of GDP. It will take a very long time for Japan to recover and grow, but with the support of the world, who knows, they may just come out of this better than before. Sloan/Bauer
ReplyDeleteDue to the disaster that has occurred in japan our country will definately be affected. Japan is a major importing and exporting industry that will be hurt through this natural disaster. If something of that calliber occurred here in the U.S. I am pretty sure we would want as much help as possible from other countries, especially from an ally country like Japan, so why not help out.
ReplyDeleteMr. Bauer Period 4 Japan had one of the highest debts in the world before the earthquake hit and now with the rebuilding going on their debt will increase. Japan has been issueing bonds to help pay the approximated cost of rebuilding which is 200 billion dollars. economist predict the fast printing of money and bonds will cause the interest rate to go up as well, further increasing their debt. I assume Japan along with help from other nations will help the rebuilding of Japan although I believe it will mostly fall on Japan. I found it very interesting how the US is 36th in the world regarding debt.
ReplyDeleteIt is sad what happened to Japan and it is going to have an affect on their economy. It will also affect the rest of the world, Japan is a huge exporter and importer. I believe it will hurt us in some ways but we do not need to get involved, we have our own problems to deal with.
ReplyDeleteSpencer Pellandini
Sloan
P.1
What happened in Japan i think will affect the U.S. alot because Japan imports and exports many important things. Japan is already in so much debt and with this it will just get worse. Hopefully they get the help that is needed over there!
ReplyDeleteMelissa Quezada
Mr. Bauer
P.2
The World Bank was established to help countries who have suffered a tragedy. They have predicted that Japan, at first, will go through a recession. But when reconstruction occurs, jobs will be created and their GDP will increase. The World bank also says it could help the world economy as a whole. Nations will be more than willing to sell supplies to Japan, increasing their revenue. In general, this tragedy could turn around and help the economy.
ReplyDeletethe Japanese are going to have to come up with the money to rebuild. their government wasnt doing so hot in the beginning and now that this disaster has happened to them, they are in a deeper whole. things are going to be more expensive like gas etc. we can learn to prepare our selves and have plans in case a disaster does hit us.
ReplyDeleteerika oropeza
mr.sloan
p.4
As Japan is the third-largest economy in the world, they'll need just as much energy to sustain their growth. Because the nuclear power plants have been razed by the earthquake and subsequent tsunami, Japan will have to rely on foreign oil to power their factories. This will drive the cost up in all other countries, including the US as Japan tries to restore infrastructure and other manufacturing hubs. Other nations will look to buy Yen to curb inflation that natural disasters and recessions bring, helping Japan get back on its feet. This helps both Japan and other countries because Japan is a major manufacturer. Non-inflated currency means that prices of products from Japan will stay down and remain affordable for consumers in other countries. We benefit by our prices staying relatively low, though I do predict that prices of some goods will rise in the next few months as Japan rebuilds. However, due to the conflicts in the Middle East and this disaster, oil will only get more expensive, and the federal government may have even more trouble with funding federal programs this year.
ReplyDeleteEmily Dirksen
Bauer
AP Gov
Because oil is a natural resource, input prices will rise causing not only inflation in Japan but in the entire world. Japan will suffer greatly in terms of its economic growth. Not only will Japan have to experience an even greater budget deficit to repair the damages created by the Earthquake, it has lost a great chunk of its labor force. Production will slow to alarming rates.
ReplyDeleteGabriella Cello/p.3/Sloan
The Japanese government will have to pay for the rebuilding efforts with money they don’t have. More bonds will be issued to cover the cost, which will adversely affect consumption and investment. Before the occurrence of the earthquake, Japan focused on spending in hopes of reviving growth, which had little impact. Now faced with a crisis, the Japanese government will have to continue to spend.
ReplyDeleteThe United States should take the appropriate precautions to prevent economic meltdown. For the past eight years, government has been fiscally irresponsible. It’s time to cut spending and prepare for the future.(Sloan P.3/Bauer P.4)
Japan is in a bad situation because they have lots of existing debt, which will only increase once they fund the rebuilding of their country - whether that is through the world bank or not. Other countries may buy yen because its value will drop due to how slow the Japanese economy is moving in the present. Eventualy, countries will get a return on their investment when the country is back up and running. Oil prices probably won't be affected too much. It wil only affect our economy because we will not be able to get as many goods from Japan, but will still sell Japan goods.
ReplyDeleteAmerica may take away from this the idea to weld together techtonic plates so the threat of an earthquake is eliminated. Or we should learn to get rid of giant lizards with laserbeam eyes correctly the first time so they do not screw our country over later by causing an earthquake.
The devastation may actually help Japan's GDP because all of the volunteer aid and national recovery efforts will directly boost Japan's GDP. However,the increase in GDP will come at a cost because Japan already has a very large debt. Comparatively, it is even bigger than ours. If it continues to increase, the GDP in the future will not be able to rise as fast because Government spending must decline eventually.
ReplyDeleteSloan Per. 3
Bauer Per. 4
Almost all countries are in debt so I don't know how much difference it makes anymore. Japan will be in more debt, which means so will everyone else.
ReplyDeleteWe will help finance the rebuilding of Japan as they are our ally. Oil prices will also more then likely rise due to a new demander of it. In response to Conner Woods, the price of sushi is irrelevant because fish should be eatin cooked anyways.
ReplyDeleteZachery Atkins
ReplyDeleteMr. Bauer
Period 2
I think that the disaster in Japan will affect our economy but it is hard to tell if it will be for better or worse. Sure our economy should be the focus of our problems at this time, but when we see a neighboring nation in serious harm from a natural disaster like the earthquake it makes sense that we would want to help out. This may cause our economy to suffer for a short while while we are paying for their necessities to be met. But, it could also mean helping our economy. More people could sign up for the military thinking that they may end up helping the Japan situation in some way. Them having a job would make it so that our economy would do better because they would buy things. It is hard to tell which way it will go, but I think that it is a good thing that we are helping them out, even if they may not do the same if they were under the same circumstances.
I think our government should learn from the disaster in Japan by preparing for a similar disaster so that we would not become consumed by it. We will be affected by the earthquake in japan along with many other countries because Japan in such a major producer and exporter. This gives countries an opportunity to become the next major producer and make bank. we will most likely help japan out while trying to not go anymore in debt than we already are. this could be useful because when we are in need of help Japan might help back :)
ReplyDeleteThe disaster was devastating to Japan who is already in debt and unfortunately they will fall further into the red. The Japanese gov will have to borrow more money and issue bonds to pay for the rebuilding. Unfortunately, not many countries are in a good position to be much financial aid at this point. Hopefully they bounce back quickly.
ReplyDeleteWe are going to help with rebuilding japan because they had a lot of influence in our economy, but with them going down it leaves opportunity for other countries to fill that void. ...i don't like gas being over 4 dollars...
ReplyDeleteJapan has one rough road ahead of it. One, they are already second in this world's largest surmounted debt. They have a declining population and the price of the yen is rising. They will have to pay for the majority of their debt, though I'm sure they will receive some aid from other countries. The will probably have to sell more bonds which is what has lead them to much of their financial difficulties.
ReplyDeleteMarklin Nixon
Mr. Sloan Per. 1
The recent disaster that occured in japan is very devastating! Their economy is near ruins! Businesses in japan have suffered causing prices on food and other basic needs to rise! The outcome in japan has effected other nations as well. Japan is in need of financial help. The world bank can provide relief by giving out loans. How else can Japan gain help? I believe other nations can provide help buy donating food, clothing, and other nessesities.
ReplyDeleteThe Japanese government itself will have to pay for rebuilding Japan. Japan will have to borrow money and increase its already large debt. The have a large problem already because their GDP is declining because its population is also declining. The U.S could learn what actions are or are not effective in reducing debts and implement effective actions against its own debts.
ReplyDeleteWithout any doubt we know that japans diaster has and will effect the United States greatly now and in the future. They to need resources as much as we do and the only way they can get those now are from exports which will effect the GDP. The US probably won't benefit from this down turn in japans history.
ReplyDeleteSteffanie Eisenga
Per .5
Sloan
Japan will pay for the whole diaster thing, they're one of the largest economies in the world with advanced technology. America will probably help out with some of the relief efforts and nuclear stuff. As for gas prices, seems like they went down or atleast stabilized for a while after the diaster hit becuase less people there are using the stuff.
ReplyDeleteThe outbreak in japan can effect many outcomes n not in just there country. It will effect the prices in gas because japan will most likely start to use more of it.. the more demand the higher the prices go. making the prices rise ever so greaTly.. it is continuing to rise in california.. this will boost tje economy us spending so much money on gas however many ppl can't afford it as it is.. so I may be wrong.
ReplyDeleteWhat is happening in Japan is truly devastating. it is almost unbelievable the images of japan that are shownon the news. I believe that all the countries should pitch in to tey to save japan.
ReplyDeleteThe 9.0 earthquake that hit Japan has not only affected them, but it has also affected many nations. Japan is one of the biggest exporters, and with this finacial crices the amount of exports will decreas. in the article Quake cleanup could..., they have said that japan is willing to sell bonds to help their finacial crises.
ReplyDeletemonica salazar
mr.sloan
p4
The devasting earthqauke in Japan has a huge impact on America and other countires around the world. The oil prices wil increase and many other values. It could also help because the value of the yen decreased.
ReplyDeleteTori Milligan
Sloan per.3
Why does the dept matter? Clearly the dept of modern worlds mean absolutely nothing. If Japan is like us, and due to the fact it has a great dept i will assume it is, then dept is part of their "economic model". If this is the case, WHY does it matter that their dept is large? Their dept will increase like our own without control and all talk of balancing the budget is just talk.
ReplyDeleteSo how will they be able to pay for this? The same way everything else is payed for. It isn't.
Caleb Newman
Japan's situation is one that affects the U.S. But also is a bad thing for Japan because they already have such high debit. It effects not only us but also many countries around the world, do to the major exporting they do. not only do they export to the U.S,the export to many major countries we depend on. With all thats going on i believe its extremly important for not only the U.S but everyone else help out and get stuff back to normall before it makes economies even worse.
ReplyDeleteI read "Quake cleanup could swamp Japan with debt."
ReplyDeleteJapan is borrowing money from whatever country is willing to help them to rebuild. This will put them in an even greater debt than they have already. They hope to stimulate growth by keeping interest rates low so people and businesses are more willing to borrow money and put more into savings. Japan had already borrowed a lot to get in debt and hasn't been able to pay back. The U.S. should learn not to spend a lot of borrowed money and try hard to pay back debts before borrowing more money.
Melody Morphis
Mr. Sloan
per. 1
Without a doubt the economy in Japan is going to down, they play a large role in the economy of several nations including our own. All the nations that have so time to Japan will be hit with economy troubles, how long it will last no one is sure, but it's clear that Japan needs aid from all the Nations that are willing to help.
ReplyDeleteFran
Bauer
It's quite obvious that the government will have to pay for most of the rebuilding, though donations will help a little bit. The price of oil will most likely fluctuate, though on more of an upward curve. Knowing a resilient country like Japan, though, they should be able to pull through fairly quickly. However, since Japan is a major exporter, especially to the U.S., their economy will obviously affect many other large economies. I believe that the U.S. could learn to maybe re-evaluate building codes, just in case of disaster, to minimize damage if something like this does happen, as well as keep a better handle on funds, maybe saving some for rainy days or whatnot.
ReplyDeleteBrian S.
Per. 4 Sloan
i think that what happened in japan will affect us in some way because every thing that is imported to japan to the us will be more expensive because there are going to be less products form japan for some time because of what happened so that means that what ever is here in the us will be very expensive.
ReplyDeletericardo villalpando
pr5
sloan
DANG!IT IS SO SAD WHAT HAS HAPPENED IN JAPAN. THIS DOES NOT JUST AFFECT JAPANESE BUT AMERICANS AND MANY TRADING PARTNERS OF JAPAN. THE TRADING MARKET WILL GREATLY DECREASE AND THE U.S. WILL NEED TO RAISE GASOLINE PRICES BECAUSE OF JAPAN'S SCARCITY. IT SUCKS THAT THIS TRAGEDY HAS HAD TO HAPPEN NOW THAT WE ARE IN RECESSION. THE U.S. IS GOIN TO HAVE TO HELP OUT HOWEVER WAY POSSIBLE.
ReplyDeleteBreana spiro sloan p.4 we all know america is going to be the first to help and it will really be hard because of the economy but then again we might charge them more and m ake abit of money there but then th at wouldnt really be help im not quite what america might learn from this but I think we do need to begin to prepare incase we might have a tragedy happen here
ReplyDeleteI think that japan is going to go into a tough time here. Japan Is known for it's good quality merchandise and workforce. Japan is now in a situation were they are going to have to spend money that they don't have on rebuilding the damage effects and the cost of upgrading the faulty equipment. The U.S. is going to help in any way we can, but at this time it is already too late to take the pain off of are market. Oil prices are going to jump up and there is nothing we can do about it now.
ReplyDeleteThe disaturous amounts of work and money that are going to have to go into japan are incredible and it is definitely going to affect the exports.
ReplyDeleteSince both countries are in debt, I don't seer how there will be much of a difference. I think that the economy might suffer because of the disater. American will want to help out japan which will cause more debt.
ReplyDeleteErica Ayala, Bauer, per. 4
With the Japan already being in debt, this devastation is going to put them even more into debt. Since they dont have the money there only option is to look to other countries for help. This could affect the US economy because Japan is a big importer and exporter of goods.
ReplyDeleteJapans condition will cause a really big problem for the United States because they are a large producer and exporter.The prices of oil are also going to increase as a result of what happened in japan. I believe that if the United states gets involved in this then it is just going to add more into it's debt.
ReplyDelete-Ivan Cardenas
Mr. Sloan per. 3
The disaster in Japan will affect both countries' economy severely. The United States is going to want to help Japan with anything they can, which will cost money. Japan will have to deal with all the disaster in its country by spending money.
ReplyDeleteStephanie Romero
Bauer
Period 3
Japan and the US are very tied together economically. The disaster in Japan is clearly having an impact on the US economy as the stock market is falling. Japan imports to the US and exports from the US. Any disaster in either country that hinders their ability to import or export will have a significant impact on both economies.
ReplyDeleteI think the rest of the world will pay for Japan to be rebuilt because the Japanese government will need to borrow money. Japan already has a big problem because they were suffering financially before the disaster, and now it just adds on. All the U.S. can really learn from this is to try to prepare themselves in case of a natural disaster.
ReplyDeleteSloan p.2
i think that Japans disaster will definitely effect the US as far as imports go, we will get less of the goods we need and desire, but that should not be the top of our worries. Japan's debt should be an example of what could happen to the US if we do not get our debt under control. if the US was struck with a natural disaster we could possibly be pulled into a debt disaster like Japan is. other countries are doing what they can to help, and they would do the same for the US if the same happened, but our debt would be something that only we could fix.
ReplyDeleteNot only is Japan facing the consequences of the devastating quake in the form of wreckage and debt, but the nuclear crisis is affecting the worlds oil prices as well. Oil prices are already really high and the quake can make the prices stay higher longer. America can learn from this disaster try and protect their precious resources. Even though America is not a source for oil and we would not have to deal with oil the way Japan is if we had a quake, we can imagine what is possible and take more precautionary steps in nuclear advances.
ReplyDeleteWell japan financially was not prepared for what hit them, mostly because they were already in debt ( one of the largest in the world). Yet they must yet again borrow money so that they may be able to form their country. Also they were prepared yet that still didn't stop all the damage that was caused by the earthquake and tsunami. What the U.S. could learn from Japan though is to be ready for natural disasters and also not let what happen in New Orleans happen again. As for our state we must also be ready for any risk of flood or earthquakes that are predicted to happen in the mere future.
ReplyDeletethe japanese government must finance this burden, and they will do so through bonds from their citizens. this causes even more stress on the japanese economy because they are already so deeply in debt with the second largest debt in the world. i am unable to comprhend the amount of damage sustained nor the money that will be needed to fix it. to be honest, i do not think the US has the funds or the manpower to help japan at this point in time, though japan is an ally. we, um...sort of have our own things going on.
ReplyDeletehayley swearingen
sloan per 4
Japan has a long road to recovery ahead of itself. as for whether the US should help them or not, i dont think that the US has money to lend to japan when we are already in this big of debt. perhaps the united nations can pitch in and help.
ReplyDeletethe tragedy that occurred in japan will effect the US because the demand for japanese products will raise because the is now less being produced and that will affect by have prices go up because of the shortage of japanese imported goods.
ReplyDeleterichard manzo
pr5 sloan
I think every country that wants to, should contribute money for Japan. Japan will have to find a way to pay back the money but the money was used for the good of the country so the issue of paying it back shouldn't be a burden for Japan. A countries GDP can benefit if people keep spending on goods and slowly stabalize the country. The U.S can learn from this experience by not underestimating mother-nature, even though big disasters like this rarely happen in the U.S.
ReplyDeleteJose Alvarez. Sloan p4
I believe that every country is going to help Japan recover. However, America is usually the one that helps the most with aiding other countries. Japan will most likely try to get loans and donations from as many countries as it can in order to finance its debt. Japan already has such a big problem because a large number of its workforce has died and its GDP has fallen. Also, much of its resources, such as nuclear power, etc., has been wiped out and that is severely weakening its economy. What can be learned is that technology on disasters, such as earthquakes, etc., need to be worked on in order to anticipate disasters as quickly as possible so that the damage is kept at the very minimum and lives aren't in jeopardy. It greatly helps the nation and economy get back on its feet more smoothly and quickly.
ReplyDelete-Kevin Rodgers, Sloan, Period 2
The Japam situation will defintely hurt our economy. We rely on them for much of our exports and such. What should we do? Help. Duh. Every country should. Once we get Japan
ReplyDeleteback on their feet, we can benefit as well.
Daniel Ruiz Per 5 Sloan
The Japanese government will pay for the rebuilding in Japan, they will have to pile billions of dollars of fresh borrowing on top of a debt load that is already one of the biggest in the world. Japan finance this debt by
ReplyDeletethe Japanese government will have to pay higher interest rates to investors to maintain demand for all those new bonds. They already have such a big problem in Japan because they have one of the world's highest public debt burdens, second only to Zimbabwe, according to the CIA Factbook.
An unexpected of decline in economy of Japan will impact their foreign trade. Every country would now want to buy the yen because the yen's value will decrease. The U.S. can learn from this experience by preparing for an uncalled disaster.
ReplyDeleteAmanda eckroth
ReplyDeleteper.1
mr.sloan
What affect could this have on the U.S. Economy? Why?
Why would other nations look to buy Japanese yen in this situation?
How would we benefit from this?
this affect could make the U.s go into even more debt because japan needs money now
they look to buy becuase they are despearate in need for money and also they want another country to take over becuz it is now destroy
i dont think we will benifit from it becasue we will be the ones that will be going into more debt
Its awfully sad what happened to japan. Nothing like that really deserves to happen to anybody. But something like this you cannot stop. It dont think it really raise the price of things in the U.S since we only import a small amount of goods from japan itself. I think that it is up to the people of japan to rebuild after what just happened, even though they will still be getting some other kinds of support from other countries..
ReplyDeleteMaria Perez
ReplyDeleteSloan P. 4
I believe that with this tradegy that happened in Japan can not only affect the U.S. but also nations around the world. With this situation i think that the U.S. should have a better idea on what to do when something like that happens to us, although we won't know when it can happen to us.
We do know that what has happened to japan and it is devastating and sad. But i dont think it will do anything to the U.S. yes we do get stuff shipped or made by japan but its not really as much as how we get things made by china. Also i think the united states would have a plan on what to do if that ever would of happened to us.
ReplyDeleteAniscia Silva
Sloan
Per 5
Japan is in rough situation right now. They were already in debt way over their heads but now this. One way to fix their debt is to export more products, but this disaster has destroyed many of their ports and will takes weeks to fix. Until then they may have a change to come back ,maybe becaus ethey still are recovering from that bomb we dropped on them.
ReplyDeletejordan elzie per 2 sloan
the traged in japan is extremely unfortunate. their strong economy is a factor in many countries including our own. sadly because of this disaster it is going to collapse. all of the economies tied together with japan are going to experience troubled times. hopefully with the aid of other countries, they can progressively build back up.
ReplyDeletewe as the US tentdto interfere in other countries' business when we have ourselves to worry about first. We seem to have this thought process of if we put them first then we look like the heroes. when the place we're "helping" sees us as a nuissance. We should have fixed ourselves first.
ReplyDeleteSamantha White
Sloan per. 5
Japan suffered a huge loss from this disaster they are now going to seek foreign aid from any possible source. The U.S. needs to worry about itself before we spends more money on foreign countries when we are just sinking more and more into debt.
ReplyDeleteEJ Keller
Per.4
Sloan
i think will affect the U.S. a lot because Japan imports and exports many important things. Japan is already in so much debt and with this tsunami it will just get worse. Hopefully they got all the help that is needed over there japan.
ReplyDeleteStephanie A
Mr. Sloan
Per.4