...it doesn't take genius to see that anyone who invests in good, sound Japanese companies now, while the market is in a panic, will either make a killing or have acquired durable assets cheap.
Not to mention that by investing, you're making working capital available for the rebuilding process. Charity pulls people through that initial period when they've lost everything but the clothes on their backs, but to rebuild a functional, prosperous society and economy long-term, they need investments that will enable them to rebuild factories, restore jobs, etc.
Being willing to make a long-term investment (as opposed to a speculator merely looking for a short-term gain) in the ability of a people rocked by disaster to recover is the opposite of insensitive -- it helps preserve their dignity in the process of getting them back on their feet.
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Date: 2011-03-17 01:27 pm (UTC)Not to mention that by investing, you're making working capital available for the rebuilding process. Charity pulls people through that initial period when they've lost everything but the clothes on their backs, but to rebuild a functional, prosperous society and economy long-term, they need investments that will enable them to rebuild factories, restore jobs, etc.
Being willing to make a long-term investment (as opposed to a speculator merely looking for a short-term gain) in the ability of a people rocked by disaster to recover is the opposite of insensitive -- it helps preserve their dignity in the process of getting them back on their feet.