The Japanese earthquake and tsunami have ravaged the country. The country has had issues with nuclear meltdowns and their economy is almost at a standstill. Now, the country faces a huge threat to its economic and financial future. The country has been told that its credit rating will likely be cut. The Standard and Poor’s has stated that the debt rating for the country is now negative. It has been stable as of a  few weeks ago but it will cost more than 50 trillion yen to rebuild the badly battered country.

Japan does not have enough money to rebuild its infrastructure on its own so it will need to borrow money from other countries. Now, the country’s AA credit rating will most likely be reduced in the coming months to adjust for the change in the amount of debt that it has accrued. The only thing that could save the country is an economic boom in the areas outside of the quake and tsunami zone. However, considering how slow its economic growth is right now; it is unlikely to happen in the next twelve months.