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Of more than $180 billion, 81.46 it's currently trading at. japan certainly has a very long and costly road to recovery ahead. but the economist jeffrey saks says he's confident the world's biggest economy will bounce back from this crisis. >> the equity markets are reflecting this huge loss of wealth, but i think the economy is as devastated as it is in that area probably will recover nationwide. the experiences even with these terrible, terrible hits, like this one the kobe earthquake in 1995, the chilean earthquake last year, and the economy as a whole -- if it's not a desperate situation l...

Opposed to yesterday where it was contained in japan have now spilled across into the other markets. there you see, there are the closing markets here. not by any measure the same sort of falls, but still big enough to to show that is now rippling out. hong kong, very liquid market here is easy to sell. hang seng down, the close was down by nearly 4%. but across the board, the sales are going on. and quickly on the currencies, the yen has been strengthening sharply against the u.s. dollar. and that's a bad sign for japanese exporters for the japanese economy in general. it has come off a bit. ...