RUSI NewsbriefVOLUME 25ISSUE 2members only

The Tsunami Disaster – a Capitalist’s Hard Questions


Huge as the Asian tsunami disaster was, it caused hardly a ripple in financial markets.

It is now a horror etched on our minds, as clearly as the flight path of the 9/11 planes, that an earthquake a thousand miles away, makes for an ocean ripple three miles off shore, that produces a one hundred foot wave on the beach that kills over 150,000 people in minutes and disappears in a few more. The scale, speed and horror of the tsunami disaster repeated in so many countries, and the grief and loss it caused is now scorched on our visual imaginations by TV

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