It now seems likely that the death toll in Japan will be in the tens of thousands and possibly higher; it’s likely to be the worst disaster with the highest death toll to hit a developed country since World War II.
The tragic story unfolding makes one of the world’s most technologically advanced nations one of the world’s biggest victims of technology.
The disaster’s impact will be global but also hit home.
Fox News last night reported that a meltdown at one of the damaged nuclear reactors in Japan could elevate radiation levels in coastal California.
Fareed Zakaria on CNN Sunday morning credited the Japanese for planning and learning lessons from the earthquakes that struck the country in 1995, but added that "the one area where Japan did not adequately prepare it self was economics."
Japan is further hobbled by an aging population. Plus, it has suffered economic malaise during two “lost decades.” Yet Japan's national debt is nearly twice the size of its Gross Domestic Product (GDP) and its is soaring, and its debt to GDP ratio is reportedly on par with Zimbabwe's.
A slumpingJapanese economy could be a drag on the fledgling US recovery.
And, as if I don’t already have enough to worry about, Fox just reported that the Indian Point nuclear plant in Buchanan, NY, which as the crow flies is about 38 miles my home in Long Island, sits on a dangerous earthquake fault line—a fact not known when the plant was constructed.
The bad news this weekend makes it difficult to write about gadgets.