Tsunami: The human toll is worse than the economic toll, thank god

Mr. Loverman

https://www.youtube.com/watch?v=_aXKKZPrzmE

36 seconds onwards. What a sick world we live in.

Einhard

I don't imagine that he actually meant that. Probably got a bit tongue-tied.

Mr. Loverman

Einhard wrote: »

I don't imagine that he actually meant that. Probably got a bit tongue-tied.

As someone with an interest in economics I can tell you he definitely meant that!

It is unfortunate for him he didn't use nicer language but he does believe what he said.

RichieC

What a fking animal.

Schism

I doubt it's that he's glad the human toll is much higher, I'd say he's happy the economy didn't take a hit as a result of what happened and it just came out all messed up.

uprising2

Mr. Loverman wrote: »

https://www.youtube.com/watch?v=_aXKKZPrzmE

36 seconds onwards. What a sick world we live in.

Fukking money driven scumbag, then the other slut at the end, "oil's moving nowhere, they feel this is GOOD for the US economy....


What a fukked up world we live in, life is worth much more than silver or gold.

Einhard

Schism wrote: »

I doubt it's that he's glad the human toll is much higher, I'd say he's happy the economy didn't take a hit as a result of what happened and it just came out all messed up.

^^^^This.

I seriously doubt that he is happy that the human toll is higher than the economic one.

Einhard

uprising2 wrote: »

Fukking money driven scumbag, then the other slut at the end, "oil's moving nowhere, they feel this is GOOD for the US economy....


What a fukked up world we live in, life is worth much more than silver or gold.

She's a slut?

Also, the fact that oil isn't going up, is good for the US economy. What's wrong with acknowledging that reality?

TeddyTedson

No I really doubt he does mean it like that.
He's just talking about economics and badly phrased it. It could happen to anyone. If he didn't acknowledge the people he'd look just as bad or worse? The girl on the left does look a bit taken aback though!

OutlawPete

He's thankful that the economic toll is not ALSO as bad as the human toll.

My name is URL

Unfortunately put, but I don't doubt that it's exactly what he feels/means. He has a point anyway.. the human cost is tragic but the effect that it could have had on markets and by extension people; could have made it far far worse.

Einhard

I think some people want him to have meant it, so they can label him as capitalist scum and the like. Is it not as low to use the deaths of thousands to further an ideological agenda, whatever its form?

sollar

What i take that to mean is that he cares not a jot about the human toll and is just glad it won't effect his pocket. He is a money hungry gob****e and i hope his reputation suffers now.

KeithAFC

Thats the new world order for you. Pick up the scraps.

partyatmygaff

While it's unfortunate for the people who have died and their families it's arguably good that the economic toll is no worse than the human toll as the economic toll will have an effect on the surviving people of Japan. The dead are dead and gone and people need to think and plan the best for the living and not the dead.

I don't think he meant it in the way that the dead are worthless and he's glad that the economic benefit isn't as bad.

Mr. Loverman

The invasion of Iraq was for economic reasons.

How many people have died in Iraq since the invasion? Over 100,000 innocent civilians.

Do you think the markets & traders give a **** about these people?

geetar

he definately meant that since the devastation of the human toll has been more or less estimated, and is bad in its own right, no one was really sure how bad the economic impact would be. it could have been comparitively worse for the country and the markets, but he was thankful it proved otherwise.

i dont think he was thanking that more people have died, if the economic situation was worse then the death toll, then japan would have suffered badly in two ways, instead of just one, which is better, as he said.

Overheal

Larry Kudlow is the farthest thing from an ass.

It's CNBC folks, they only exist to talk about the economy. They've been reporting on how the stocks have dropped, how toyota has been affected, how the energy market has shifted, all of that. But none of it is from being assholes, it's down to the World needs to keep turning.

Riamfada

Seriously folks some of you would be happier if we got rid of the monetary system and returned to murder and slavery. I for one am glad the economy didnt take a massive hit and Im sure when they people who called the reporter "scum" stop living under their parents wallets will learn to fear economic disasters.

This forum stinks of 4chan lately.

Einhard

Mr. Loverman wrote: »

The invasion of Iraq was for economic reasons.

How many people have died in Iraq since the invasion? Over 100,000 innocent civilians.

Do you think the markets & traders give a **** about these people?

What exactly does that have to do with anything?

TeddyTedson

Jesus, I just read this and feel sick in my stomach
Unreal!

Riamfada

TeddyTedson wrote: »

Jesus, I just read this and feel sick in my stomach
Unreal!

To die saving the lives of everyone in my country? I could do that.

Mr. Loverman

Einhard wrote: »

What exactly does that have to do with anything?

The markets are more important than life.

areu4real?

TeddyTedson wrote: »

Jesus, I just read this and feel sick in my stomach
Unreal!

Sick? Got shivers reading that, pure heroes.

gbee

I don't think it was meant the way it came out. A detached 'good news' for ... probably a little regretful, but also I assume she was an economist on the panel and that would have been a 'legitimate' slant to put on the event.

Keep in mind that the scale of the disaster was probably know fully understood at the time ~ maybe.

But there is a smacking of "a good day to bury bad news" over the 911 incident.

superfish

Thats obviously what he was thinking or he would not have said it, class A **** imo would he have said the same if it had happened in america and it was his family and friends ****ing animal

superfish

superfish wrote: »

Thats obviously what he was thinking or he would not have said it, class A **** imo would he have said the same if it had happened in america and it was his family and friends ****ing animal

the little stars after the class a..... I called him a cun. you can guess the rest, oh ya I went there

Riamfada

superfish wrote: »

the little stars after the class a..... I called him a cun. you can guess the rest, oh ya I went there

nothing worse than an economist that talks primarly about the economy.

Overheal

Personally I prefer lawyers that resort to violence to win their cases. And morticians that become emotionally unstable when they autopsy a corpse.

RichieC

Economists, what a load of horse ****e... it's not a science and it never will be.

This guy just showed how tactless he is, had it of been a yank disaster and he said that Obama be making speeches about it...

Overheal

RichieC wrote: »

Economists, what a load of horse ****e... it's not a science and it never will be.

http://en.wikipedia.org/wiki/Social_sciences

This guy just showed how tactless he is, had it of been a yank disaster and he said that Obama be [sic] making speeches about it...

What, are you from the Projects?

partyatmygaff

RichieC wrote: »

Economists, what a load of horse ****e... it's not a science and it never will be.

So what defines a science? Do economists need to do mass spectrometry tests on banknotes for it to be considered a science of some sort?

Obama be making speeches about it...

Obama... he be making speeches and shít.

RichieC

partyatmygaff wrote: »

So what defines a science? Do economists need to do mass spectrometry tests on banknotes for it to be considered a science of some sort?

It's is an Ideology.

RichieC

Overheal wrote: »

What, are you from the Projects?

I typed that as I would have said it, problem, Lourcan?

Riamfada

Honkey been messing my old lady? Must have been running upside his head. Hey Holm, I can dig it! You know he ain't gonna lay no mo' big rap upon you man! I say hey sky, s'other say I won say I pray to J I get the same ol' same ol.Knock yourself a pro slick. Gray matter back got perform' us' down I take TCBin, man'.You know wha' they say: See a broad to get that bodiac
lay'er down an' smack 'em yack 'em



.....shit

Overheal

Whats a Lourcan?

I hate to use the term Bleeding-Heart Liberalism but people are too easilly offended. Go wear a solidarity ribbon or something for all the good it will accomplish. Meanwhile Japan's economy just took a massive blow from a natural disaster and yes, Economists, Industrialists and Enterprise need to step in and assess whats going to happen. The 3rd largest Economy's demand for oil just had a massive slump, and in the wake of this Japan will be required to invest Tens (or hundreds) of Billions of dollars into the Reconstruction. Thousands of people will have lost their lives and nobody is saying that isn't tragic but what the economists and analysts are telling us is that this is hardly the end of Japan (A concern when you look at what a Magnitude 7.0 quake did to Haiti - it's in complete disarray. And New Orleans may never truly recover not only from the disaster but from the aftermath of neglect and looting and mismanagement); in fact Japan will experience a strong boom in the next few years as a direct result of the disaster.

TeddyTedson

areu4real? wrote: »

Sick? Got shivers reading that, pure heroes.

Absolutely. Imagine having to do that. Knowing you were walking in to your death. It happened in Chernobyl too. Yea I meant to say shivers not sick, sorry badly put.

RichieC

Lourcan, Posh Dublin name, since you took issue with my text and assumed me from the projects. (could be without the u but I like it wrote phonetically as the D4's would say it.


Noone in their right mind is denying you your point, but it was an asshole thing to say the way he put it and there rightly would be a stink to high heaven if he said the same in the wake of a US disaster..

Overheal

RichieC wrote: »

Noone in their right mind is denying you your point, but it was an asshole thing to say the way he put it and there rightly would be a stink to high heaven if he said the same in the wake of a US disaster..

Stink doesnt imply righteousness. I won't hang the man for speaking bluntly to the point of tongue-tied. There are plenty of other media outrages I can spend my time being outraged at. Like some of the outrage where some pundits become outraged at the outrage (I cant help myself, I love how slammed he got).

partyatmygaff

RichieC wrote: »

It's is an Ideology.

How so?