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Earthquake Moves Japan Eight Feet, Shifting Earth's Axis; Entire Villages Vanish Under Wall of Water; Nuclear Crisis Expands to 2nd Reactor

By Implode-Explode Heavy Industries

``Japan is already struggling with huge fiscal deficits and a debt-to-GDP ratio of 200%, highest in the G-20 group of nations. In response, government officials had been planning a series of tax hikes. You can now safely toss those hikes straight into the ashcan. There is never a good time for a natural disaster, but this one could hardly have come at a worse time.''

Full post as published by Mortgage Lender Implode-o-Meter on March 13, 2011 (boomark / email).