Page 35 - Reconstruction Program News Today

In price. so one silver lining of this huge tragedy is that global oil prices have come down because the japanese now are spending less. so think of it in term of they are consuming less and producing less, and thats how theyre impacting the rest of the world. >> obviously their stock market, nikkei, has taken a huge hit in the last few days. conversely, theres been quite good news on the economy in america, is that going to be helpful to japan, do you think? >> its going to be helpful at the ma...

>> obviously their stock market, nikkei, has taken a huge hit in the last few days. conversely, theres been quite good news on the economy in america, is that going to be helpful to japan, do you think? >> its going to be helpful at the margin. so its better that the u.s. is growing than if the u.s. were in a recession. its not going to make that much of a difference. i think japan controls its own destiny. once they get over the rescue element and thats really critical because theres lives invo...

Less. so think of it in terms of, they are consuming less and theyre producing less, and thats how theyre impacting the rest of the world. >> obviously their stock market, nikkei, has taken a huge hit in the last few days. conversely, theres been quite good news on the economy in america, is that going to be helpful to japan, do you think? >> its going to be helpful at the margin. so its better that the u.s. is growing than if the u.s. were in a recession. but its not going to make that much of ...