Aftermath of the 2011 Tōhoku earthquake and tsunami highest in the world). This additional spending could hurt demand for government bonds. Silicon wafer production has been suspended at factories owned by Shin-Etsu Chemical and MEMC Electronic Materials, which together account for 25% of the global silicon wafer production. The suspension is expected to drastically impact semiconductor production, which is contingent on wafer availability. Some economic analysts consider that, ultimately, the catastrophe will improve Japan's economy, with increased job availability during restoration efforts. An analyst at JPMorgan Chase, citing the 1989 Loma Prieta earthquake in the San Francisco Bay Area and the Southern California 1994 Northridge earthquake, noted that
1989 Loma Prieta earthquake dust while trapped for an hour inside their collapsed apartment. The Marina district was built on a landfill made of a mixture of sand, dirt, rubble, waste and other materials containing a high percentage of groundwater. Some of the fill was rubble dumped into San Francisco Bay after the 1906 San Francisco earthquake, but most was sand and debris laid down in preparation for the 1915 Panama-Pacific International Exposition, a celebration of San Francisco's ability to rebound after its catastrophe in 1906. After the Exposition, apartment buildings were erected on the landfill. In the 1989 earthquake, the water-saturated unconsolidated mud,