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Posted on March 16, 2011 | tags

 
 

World: Japan’s Sendai quake could prove insanely expensive

  • $200 billion the potential cost of the direct effects from the earthquake to Japan, one of the world’s largest economies; power outages could make things worse
  • $626 billion the amount of market value Tokyo’s stock market lost on Monday and Tuesday; it recovered somewhat on Wednesday source
  • » If this is true: This makes this the most expensive earthquake in Japan’s history, handily topping the $100 billion cost of the 1995 Kobe earthquake.