We could rebuild Japan 10 times over with our banking bailout
The financial cost of the quake disaster is dwarfed by our economic meltdown, writes John Crown
Published 27/03/2011 | 05:00
'A billion here, a billion there, soon you're talking real money'
Senator Everett Dirkson
RECENT figures suggest that the financial cost of the earthquake disaster in Japan -- a catastrophe which may have killed 15,000 people, orphaned many thousands of others, wiped out whole towns, inundated hundreds of square miles of land with sea water, and which poses a risk of nuclear contamination -- may be in the range of €200bn, or €2,000 per man, woman and child in that beautiful, civilised country.