Just when you thought things couldn’t get worse for Japan, an earthquake of biblical proportions, 8.9 magnitude, has hit its northern coast and has resulted in a 7 meter long tsunami. This is the biggest earthquake to hit Japan in more than 300 years.
Unrelated, futures are in the tank and the Heng Seng is down more than 450 points.
Update: multiple countries (over50) in Asia, even South America, are issuing tsunami warnings.
