Image by State Library of Queensland, Australia via Flickr
The picture above pretty much reflects what happened in the markets recently. A hard landing, but no blood in the streets (atm).
BREAKING NEWS: Just read about this: At least 50 killed; tsunamis feared as massive quake hits Japan. I don’t know too much about the situation since I just read about it, but it’s a good thing that the Japanese are relatively well-prepared for these events and that they are wealthy enough to afford good construction. It could have been much worse had this hit somewhere in Southeast Asia or in China.
UPDATE #2: Now that more news has come out, things are much worse than originally feared. We humans live a precarious existence on this earth, and the wrath of mother nature can always strike down at any moment. I really feel for the Japanese right now; I am half a world away, but I am connected to the events that are happening through the Internet and media. I’m really hoping they can get the situation with the nuclear power plants under control, as a nuclear meltdown is the last thing they would need.
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Weekend Reading
- Chesapeake Energy: A Groundhog for 2011 Natural gas prices? (Beating The Index)
Blogging
- Do You Know What Today Is? It’s My Blogiversary…Blogiversary (Everyday Tips and Thoughts)
- How I SEO – A Closer Look at Search Engine Optimization (Crystal Clear Thoughts)
Economics
- Bust Looms As China Booms (Mises Daily)
- The Austrian School in Brief (Mises Daily)
- Yapping About Money: The Stone Money of Yap (DIY Investor)
Investing
- Follow The Money – Use The Concept To Your Advantage (The Wise Buck)
- How You Can Benefit From The Rise In Oil Prices (Buy Like Buffett)
- Investment Bubbles: From Dutch Tulip Mania to Housing (Squirrelers)
Miscellaneous
- A Flub, a Flare-up and a Firing! (Savvy Saving Bytes)
- Falling Demand for Brains? (Krugman)
- Good Help Is Hard To Find (In Search of Salt)
- Happy 65th Birthday, Boomers. Now What? (krantcents.com)
- Is This Morally Wrong? (HowTo$aveMoney)
- Travel Journal: India, Part One (101 Centavos)
Motivation
- If Not Now, Then When? (krantcents.com)
Personal Finance
- Do I need an iPad? (Wealth Informatics)
- Labeling Debt To Make It More Palatable (Roshawn Watson)
- Our Frugal Ways: Rent for a Few More Years Before Buying (Spruce Up Your Finances)
- Talk It Out: Run and Don’t Look Back (Aloysa’s Kitchen Sink)
Real Estate
- Who Gets The Shaft In A Short Sale? (retireby40.org)
Video
Have a great weekend, everyone!
The pictures and video coming out of Japan are unbelievable. Absolutely horrifying.
Thanks for including my blogiversary post! Hope all is great with you.
I live in earthquake country (Los Angeles) and survived the Northridge earthquake when I lived there. The Japanese earthquake is very real to me! It reminds me how vulnerable we are.
Thanks for the inclusion in your Weekend Reading.
Thanks for sharing my $50 Amazon Gift Card promotion! I didn’t realize it until now, but it ends pretty soon!
Thanks for the mention Kevin! I couldn’t get any work done this morning because I was watching live videos, eye witness reports, and looking at pictures of the tsunami. My heart sank and goes out to the Japanese people 🙁
Thanks for the mention Kevin. IT was a sad day today knowing that many people were affected by the Tsunami. One never knows what to expect in life….
Going through a major earthquake can be a terrifying experience, and in this case, the aftermath disaster looks to be a terrible situation for the survivors. We can only wish them the best. Thanks for the link, Kevin, this was a well-done roundup.
Thanks for the mention. It’s scary watching live on TV. Japan is the most prepared nation for the earthquake disaster but this one is just too big for them to handle.
Hey Kevin, Thanks for the mention and have a great weekend. Mike
Thanks for stopping by, everyone. Indeed, Japan is the most prepared for this but as more news has come out it shows that this is still quite a disaster. The scariest part is the prospect of a nuclear meltdown on top of everything else so really hoping that the nuclear power plant situation can be contained.
Thanks for the mention, Kevin.
Well, your original paragraph is very much correct in that Japanese architecture is very much designed to withstand the quakes. There would have been very few deaths from the actual quake… the tsunami, on the other hand…
The craziest part for me is that Friday was graduation for junior high schools here. What a surreal juxtaposition.
That is surreal, indeed. I’m not sure how one could have celebrated and maintained a festive mood with all of the grim news around.
Stay safe over there and thanks for stopping by!