Total cost: $122 to $235 bill
“If history is any guide, real gross domestic product growth will be negatively affected through mid-2011.” Growth should though pick up in subsequent quarters as reconstruction efforts, which could last five years, accelerate.” –Talking head from World Bank
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I was told at a trade show in Tokyo in 2007 that american style wood-frame houses were the preferred new construction there due to their sueprior resistance to earthquakes.
I wonder if that red roofed shanty in the foreground had good old 2×4 construction?
Like all things in human history, its likely going to be alot less bad than people predict at the peak of the early fear. But worse than people predict just after when everybody is trying to be the quick-contrarian smarty-man.
The build stick-frame houses, but not with 2x4s. They use metric measurements, and apparently with more variations in sizes than we use.
I know this because in the ’80 there was a lot of political controversy over the face the $WY was exporting half of their timber harvest as raw logs while closing mills in the Pacific Northwest. The reason cited by the news was that our mills couldn’t handle cutting the sizes the Japanese needed, and the margins were better on raw logs / did justify retooling.
Building a sheer-resistant stick frame house isn’t that hard if you spend an extra 15%.