“The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it comes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group.” – Franklin D Roosevelt [Source: Think Exist]
Friday, 25 March 2011
Inside Story - The Impact of Disaster on Japan's Economy
It's two weeks since the magnitude 9.0 earthquake and 10-metre tsunami struck the northeast coast of Japan. Hundreds of thousands of people are still homeless, more than half a million households do not have water, and workers are still battling to gain control of the Fukushima nuclear power plant. Fears of contaminated food are spreading overseas as officials report traces of radiation in milk products, seawater and 11 kinds of locally-grown vegetables. How will Japan recover from the disaster? Will it be able to regain the world's confidence, and how long will it take?