If everyone thinks this will blow over in the next few days perhaps you should have a think about this.
Just in one incident, 40,000 new cars on a port of Japan that were just about to be exported, were ruined by the Tsunami.
Even at $10,000 per car that equates to $400 million of lost money. It is doubtful that insurance would cover such an incident since Tsunami and earthquake damage usually are not coverable in Japan.
So in short, what I am trying to say is that international markets are nervous not only with the nuclear reactors, but also with the financial situation of Japanese companies and the Japanese Government (who by the way has one of the highest debt as a percentage of gdp in the world).
This will have a profound effect on international growth and international markets. Cash is king there is no doubt about it.
