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 the quake struck at approximately 17:04, sportscaster Tim McCarver was narrating taped highlights of Game 2, which had been played two days earlier across the Bay Bridge in Oakland. Television viewers saw the video signal begin to break up, heard McCarver repeat a sentence as the shaking distracted him, and heard McCarver's colleague Al Michaels exclaim, "I'll tell you what, we're having an earth—." At that moment, the signal from Candlestick Park was lost. The network put up a green ABC Sports graphic while it scrambled to repair the video feed (the broadcast cameras and mics were powered by the