Is this the end of Japan?

http://theeconomiccollapseblog.com/archives/has-the-tsunami-in-japan-destroyed-the-japanese-economy

The tsunami has caused trillions of dollars in damage, and the Japanese are already enormously in debt, which they are able to maintain only because the interest rates are extremely low. Could the tsunami be the event that completely pushes Japan over the edge? Ironically, this may make the dollar seem like a safe haven.