Will global economy be hit by Japan?

  Japan is at serious risk of falling into a recession,caused by Fridays tragic earthquake and Tsunami. According to many leading economist Japan could recover quickly, sparing the global economy a significant shock. The earthquake/ Tsunami has killed about nearly two-thousand people.Several of the nations nuclear power reaction are at risks of the melt down,leaving many people without power and about half a million are in shelters." The recent events in Japan are first and foremost a human tragedy",not to mention,the markets also need to consider the economic impact.