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As BOJ Injects Fresh ¥2 Trillion, Radiation Measured 20 km Away From Fukushima Is 1,600 Times Normal
While Japanese futures briefly flirted with another advance, they subsequently dropped by 1% to 9,450, even despite the BOJ's latest injection of 2 trillion yen, which if it continues at this rate will surpass 100 trillion yen in injections within two weeks: an unprecedented feat, even by the Federal Reserve's standards. Of particular note weighing on the markets has been the news from Kyodo that, in confirmation of our fears that zones "Under Survey" are nothing but hotbeds of unprecedented radiation, reported radiation levels are 1,600 times higher than normal 20 kilometers from the power plant. Recall that the first evacuation radius was just 10 km. Assuming a power rate of declining fall out strength, means that the radiation within the 20 km diameter circle centered on Fukushina is currently hundreds of thousands to millions of time higher than normal.
From Kyodo:
Radiation 1,600 times higher than normal levels has been detected in an area about 20 kilometers from the crippled Fukushima Daiichi nuclear power plant, International Atomic Energy Agency officials said Monday.
Data collected by an IAEA team show that radiation levels of 161 microsievert per hour have been detected in the town of Namie, Fukushima Prefecture, the officials said.
The government has set an exclusion zone covering areas within a 20-km radius of the plant and has urged people within 20 to 30 km to stay indoors.
We are eagerly awaiting the announcement from the Japanese government that the "new normal" is 1,601 greater than the old one. And that Hydrogen bonds between purines and pyrimidines, contrary to conventional wisdom, are really made of adamantium, and no amount of incremental high energy electromagnetism can possibly break them apart.
And below is the most recent reactor update from the Japan Atomic Industrial Forum. Compare this to that from 5 days ago.
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http://english.kyodonews.jp/news/
I wish I can guarantee that Buffett either never sold or buy into Nikkei...
All this pump during US hours.... Tough to justify the nikkei strength over the past 5 days.
http://media.adamdodson.org/index.php/Illuminati-Card-Game/currency-spec...
http://media.adamdodson.org/index.php/Illuminati-Card-Game/market-manipu...
They even have one for the Tungsten Gold:
http://media.adamdodson.org/index.php/Illuminati-Card-Game/forgery
The Illuminati owns your asses, bitchez.
mophead, the Illuminati has foretold your future.
Behold the Illuminati mophead card: http://www.metalsucks.net/wp-content/uploads/2010/01/big_vaginal_douche_...
clue: there is no they
"They are who we thought they were"---
Dennis Green quoting POGO.
+1
"And we let em off the hook"
How the hell I'ma make my team better by PRACTICE?
http://www.youtube.com/watch?v=exOxUAntx8I
(Dennis Green @ 1:20)
I'm a man! I'm 40!... :-)
hello
If you want to crown them, then crown their ass.
don't own my ass....sorry to pop yer bubble
I meant verify all these rumors and even outright statements with actual proof...
Jawboning doesn't count.
(stupid spammer reply to my initial message and I couldn't edit any more.)
"Jawboning doesn't count"
What does it,
Stop your making me Horny !
...it USED to count (in "horsehoes" & "hand grenades")
USS George Washington rapidly leaves port which is South of Tokyo. Why? Hmmmm
xxxxxxxxxxxxxxxxxxxxxx
With shipyard workers on board, aircraft carrier leaves Japanese portBy Chris Henry
Monday, March 21, 2011
YOKOSUKA, Japan — The USS George Washington left the port of Yokosuka for waters off the coast of Japan on Sunday night with more than 400 shipyard workers aboard. This amid continuing concern over radiation exposure from the crippled Fukushima Daiichi nuclear power plant.
The aircraft carrier was sent out to sea "to assure she can maintain a state of readiness in the longterm defense of Japan," Capt. Mark Whitney, commander of Puget Sound Naval Shipyard and Intermediate Maintenance Facility, wrote in a Facebook post to PSNS/IMF workers and families Monday. "Moving George Washington is a precaution given the capabilities of the vessel and the complex nature of this disaster."
Also as a precaution, U.S. Department of Defense personnel and their dependents at Yokosuka, Naval Air Facility Atsugi and military housing facilities have been issued potassium iodide tablets with directions not to take them unless official notification is given, Whitney said. The medicine is available to workers on land and at sea.
There is enough of the medicine, used to ward off the effects of radiation exposure, to treat all who may need it. Medical staff are available at distribution centers to answer questions and explain possible side effects.
The George Washington, as a nuclear-powered vessel, requires a maintenance workforce with highly specialized skills, which accounts for the precautionary move out to sea while other Navy ships remain in Yokosuka, said PSNS spokeswoman Mary Anne Mascianica.
Whitney on Sunday afternoon notified families of PSNS workers assigned to the George Washington that the ship was standing by to put out to sea.
According to Whitney, about 200 dependents of PSNS workers are among hundreds of military family members who have returned to the United States under the U.S. military's voluntary evacuation program. A dozen more had reservations to fly home as of Sunday.
Approximately 38 workers and their dependents remain in Yokosuka, along with a small contingent of shipyard workers from Norfolk Naval Shipyard in Virginia. PSNS also has a number of radiological control technicians on ships and on the ground in Japan, supporting humanitarian efforts in the wake of Japan's most powerful earthquake on record and the tsunami that followed.
"To those of you still in Japan and to the many of you onboard George Washington, know you have the support, respect and admiration of your command family," Whitney wrote Monday. "We are all proud of you working through the disaster that hit Japan and the resulting transitional challenges of shifting location and, in some cases, your families."
The safety and well-being of workers and their families will remain a top priority, Whitney said.
http://www.kitsapsun.com/news/2011/mar/21/with-shipyard-workers-on-board...Its the benKI PUT
do you really need the bears to spell it out for you?
Is 1600X normal a dangerous level? Or still not a big deal? We have had a few too many sensationalist headlines here on ZH, would like some more clarification.
Depends on what the government tells you is dangerous, and on which day they tell you.
I was going to ask whose "normal" is the baseline of this statement. The old (reasonable) normal or new Japanese gov't "normal."
What is there to worry about???
Just wrap yourself in roll and roll of freshly printed paper money, that will stop the radiation!!
This was posted by a ZH'er earlier...very very helpful:
http://xkcd.com/radiation/
That chart indicates that the radiation in those areas is now approximately 16mS per day. Four days of that exposure is the maximum yearly dose permitted for radiation workers.
Those levels had best come down pretty quick or things won't be looking good for continued population of the Fukushima area.
Uh, no.
161 MICRO sieverts per hour is 3864 MICRO sieverts in a day, or 3.864 MILLI sieverts (mSv).
It's no wonder the plant blew up. Even people on ZeroHedge can't keep the decimal point straight.
-50, and remedial math for you.
Dr. Dumbshit might want to check his own math prior to casting stones at others.
Normal dose, per chart==10uS/day. 1600 times 10uS/day==16mS/day
Maximum yearly dose for US radiation workers==50 mS/year
That would be if you took the 1600x figure from the headline and multiplied it against the unrelated chart. The previous poster was right. It says in the quote in the post that the levels are 161 microSv/hour, so it's around 3.864 mSv/day, not 16.
That being said, these levels ARE dangerous, long term. You' get 1.4 Sv in a year, well above the threshold of increased cancer risk (indicated on the xkcd chart to be 100mSv/yr). So if the levels hold - that is, if it's not just a temporary plume moving over the area but from local contamination - then no one will be able to safely live there anymore.
I'm not sure one could say that ALL the areas closer to the plant have higher levels than this, as they've concealed that info and there are too many variables that determine where the radioactive material will end up, but I certainly agree that it's bound to be a lot worse in many places closer in.
And it's still not over.
Add to that another nice little 6.6 located 260km or so ESE of Fukushima abougt an hour and a half ago.
Likely not big enough to represent a serious new tsunami risk but I bet it rattled their teeth at the plant and added to their stress levels. I can't imagine what it would be like to be inside one of those buildings, concerned about radiation exposure, trying to get serious work done under dangling debris and then have the ground trembling on top of it. Pucker factor must be astronomical.
If nothing else, it's certainly a reminder that this remains a very multi-dimensional disaster.
No other issue but f*** all day long before it starts radiating iodine...and goes pop.
Holy shit! 100T Yen is fatal! I am GTFO ...
<runs away babbling waving hands in the air>
Cooter
Good stuff, thanks.
Yeah it's dangerous or the level would be 1600x higher and called normal.
This is 20km out, imagine what it's at nearby.
Is this guy dating Ann Coulter
Lawrence Solomon: Japan’s radioactive fallout could have silver lining
"The only evidence that exists as to the health of humans who have been irradiated at low levels points to a benefit, not a harm"
http://fullcomment.nationalpost.com/2011/03/21/fps-lawrence-solomon-reactor-victims-will-benefit-studies-show/
They both certainly appear to have been irradiated. ew
It would be like eating 3 bananas.
If they were each as big as Rhode Island.
Good laugh. Thanks.
LOL,
Are those African or South American bananas?
What is the airspeed velocity of an unladen swallow?
http://www.youtube.com/watch?v=y2R3FvS4xr4
Are you asking about swallowing bananas?
haha +1
"Tell them about the Twinkie, Ray."
That's a big twinky.. err banana.
It's no more dangerous than corporate mainstream media TV. I completely swore off of it today and feel much better already. They're either yelling at you, chastising you, or talking to you like your 10 years old. The lies based upon lies was just getting to be too much for me to take anymore. I tune into Al Jazeera and RT on the Internet for the real news these days. CNBC on mute only at five minute intervals for the numbers a few time a day and that's it maybe.
Yes. Be brave. Turn off the insidious mind control device. A year from now you will shudder in disgust when you see it on at a friend's house or a public place. Get your fix selectively from the web.
I owned my last Conditioning Device (TeeVee) 10 years ago. giving it away changed my life, my point of view, my health, eyesight.... pretty much set me free actually.
Then came the dis-enchantment with professional sports (which is hugely addictive on TeeVee)....one by one, control mechanisms melted away.
I'd highly reccomend it.
Michael, the trick is to stay with the de-program. ;-)
ORI
http://aadivaahan.wordpress.com/2010/08/19/want-to-save-the-world-or-at-least-your-self/
You may be interested in this ORI. Book mark it for later viewing.
They call the Operation in Libya "Odyssey Dawn". Did you know they renamed the operation in Iraq back in September operation "New Dawn"?
http://www.army.mil/-news/2010/08/31/44509-iraq-reaches-new-dawn-ends-combat-operations/
That "Dawn" word is explained by Jordan Maxwell, very intriguing.
Jordan Maxwell - The Dawn of a New Day (2009)
http://www.youtube.com/watch?v=07REkvATHb8
So the events in Libya are somehow related to communism via symbolic interpretation of the operation, Michael? Do you own, by any chance, a kabbalistic dictionary as well?
You are right ORI - I stopped watching TV a little over a year ago, I was already 'awake' and got tired of being lied to and arguing with a TV screen and being in a bad mood every night - Also in the UK you need a TV license and pay for cable. Cutting them out of my life was one of the best things I have done.. The withdrawal was hardest with sports but after a month you dont even really miss it.. I keep up to date with 'programming' for an hour a day on the govt sponsored biased radio channels (BBC) as its kind of important know what the daily bullshine is.
RT and Al Jazeera also have agendas using their own propaganda. Don't expect to get 100% truth from anybody unless it comes directly from an unedited source .
1000 X= 1 full body CT scan.
But you only get 1 of those a lifetime.
Both US and Canadian govts recommend 80km evacuation zone for their own citizens.
Austerity hits Mother Russia .....120,000 public sectors to be laid off......
http://nakedempire2.blogspot.com/
HEALTH ALERT
Very low levels (so far) of Fukushima Special OK Radiation in the US means you should eat a balanced diet and get more exercise, while maintaining a healthy sense of skepticism.
There, everyone feel better now?
Not immediately, but it's getting to pretty seriously levels. The threshold for known long-term effects is 0.1 Sv, or 100 mSv. This level will get you there in 18 days.
The math, all done in Sieverts to avoid confusing anyone:
.00000015 Sv/hr is normal background.
0.00000015 Sv/hr * 1600 = 0.00024 Sv/hr
0.00024 Sv/hr * 24 hours = 0.00576 Sv/day
in 18 days:
0.00576 Sv/day * 18 days = 0.10368 Sv
In a year:
0.00576 Sv/day * 365 = 2.1024 Sv
This is WAY past legal limits.
A day or two exposure wouldn't cause too many problems, but if it stays at this level for even a few days, any sane person would evacuate immediately.
Here is your clarification...
http://www.pixelpress.org/chernobyl/index.html
1600x is now healthy for you. 1x normal was so 2010. Does that help, shit-for-brains?
How much money/yen do I have to have stuffed in my jacket/underwear to protect me from 1600 times radiation? And do small vs. large denominations make a difference?
If you put a printing press in your pants you'll be fine.
Depends on what kind of money you use. Gold is an excellent shield against beta radiation; almost as good as lead. A respirator and a suit made of overlapping 1oz gold coins stitched together like dragon scales should protect you. Silver will also block radiation a whole lot better than paper.
How come all of a sudden there are so many spammers on this site?
http://www.youtube.com/watch?v=eqVMU2yI9O4
Cesium Detected In Washington StateYou can almost smell the mind-control. They sure do want you to know there ain't no concern, at all! Nope, none. Best part at 2:47.
Cesium 137 is now healthy for you and your family. Babies thyroids now need daily doses of Cesium 137 to function normally.
Soon they will put Cesium into our drinking water, poisoning our bodily fluids.
Youre assuming a point radiation source instead of wind driven particles. It's still bad
Ah, yes. The old point-source versus non-point-source argument, which is completely and totally irrelevant with a nuclear meltdown scenario.
What exactly do you mean by "wind driven particles"? And at what atmospheric dilution ratio does it suddenly become "non point source"?
BoJ is playing with an inflation hellstorm re: oil
from wires
*Japan to decide tomorrow on US military help for Nuclear reactors.
(gonna be a tomb job...)
WTF is the Japanese govt doing???
Buffet? Jeez that ole man will have one of his famous million dollar margin cushion ready...if we get a total meltdown and radtionon levels are out of control.
Had to use Nuclear Boy, the xtranormal bears are busy taping BTFD and buy PM infotoons.
olly--showing off w/ those bulletz? i'm 0-for2, myself!
zeroHedge is the Invisible College; weR the in-vizible collagenz.
Strathmore Minerals... STM 0.970* +0.140 (16.87%)"Assuming a power rate of declining fall out strength, means that the radiation within the 20 km diameter circle centered on Fukushina is currently hundreds of thousands to millions of time higher than normal."
operative word = "assuming"
add that to "could", "possibly", "potential", "worse-case"...
here's a suggestion, for fun how about we stick to facts and real science
oh, romanko!
tyler states his assumption: a power rate of declining fallout strength. this means that if you are 20 km away and the radiation is 1600X normal, at 10 km, it is 4X that = 6400X
at 5 km, 4X that = 25,600X
at 2.5 km, 4x that = 102,400X
at 1.25 km, 4X that = 409,600X
and, from about 2 footballs fieds on in, 1,638,400X normal radiation.
these ARE the facts, romanko, and "the power rate of declining fallout strenth" IS the real scientific formula for determining source radiation strength given a 1600X reading at 20 kilometers. to have this huge multiple of normal @ 20 km, (1600X), the source of the radiation must be super freaking "hot".
yes, this is extrapolation, or inductive reasoning or some such word. so, even though it is "logical", doesn't mean it is true. but it might be. try to measure it at the site, perhaps, but be very, very careful.
scientifically, these #'s are indicative of an enormously radioactive source---fukushima!
indicative. they are not a direct measurement of the radiation, there. but i would hafta say, with tyler, they are scientific.
one would hope that the data is incorrect---the reading is high for some reason and therefore non-repeatable. but if the measurement at 10 km is 4x higher, or 6400X normal, bummer! so, we need more measurements. if those cores and fuel rods were "cooked", thermally, by the heat, which is what we have been figuring probably happened, for about a week, now, this is an enormous discharge of nuclear energy and waste into the ecosystem. mind-boggling.
so, we have some info here, and we need more data.
That inverse-square law assumes two things: (1) The radioactive decay is all occuring at the power plant instead of from local contamination. (2) Absorption effects from air and obstructions are negligible.
Both of these are not true. Using an atmospheric density of 1.2g/L, I get that 20km of air as shielding is equivalent to 30m of liquid nitrogen. That will stop even gamma rays.
At multi-km distances, the amount of radiation at any given spot will depend on how much fallout has blown there and how long it had to decay. Thanks to varying winds, particle size, etc. there is no guarantee that the inverse square law applies to fallout amounts. See the two sketches on the bottom left of the diagram halfway down this page. I love Wikipedia!http://en.wikipedia.org/wiki/Fallout
OTOH, according to the two sketches on the bottom right of the same diagram, it looks like the inverse square law might be a reasonable approximation for total (cumulative) dose due to fallout if one stayed at a given spot downwind.
Not sure how you used the Wiki article to substantiate the inverse-square law approximation. The charts I saw were all cigar-shaped, and very obviously affected by the prevailing winds. Any inverse-square law approximation has to be based on the assumption that the effect - gravity, electro-magnetic fields, radiation - comes from a point source (which can be scaled), and emanates equally in all directions. Since fallout and radiation from this disaster comes from radioactive particles, which are heavy and clearly affected by wind, I don't see how this approximation can hold.(Fill up a bath tub, let it sit still, and then drop in a bit of food colouring; if you don't stir the tub, you'll see widely varying levels of dye for a long time.)
I don't disagree with the assertion that the radiation levels inside the 10 km zone are much higher than the levels measured at 20 km; that's common sense to me. So I'm not suggesting complacency for the people nearby. I'm just saying let's try to keep the conversation on a quasi-scientific level.
PS I'm the "ZH'er" who identified the XKCD radiation chart. Glad some of you found it useful.
Yeah, that thing with the inverse-square law had me confused at first, because it is commonly used for radiation from a point source. But if you look at the bottom-left sketch you can see that the cumulative radiation at a point ~90mi downwind over 18 hours is 100 rad. Using the inverse square law, the cumulative radiation at 30mi downwind should be 900 rad. The sketch gives a bit more than 1000 rad. Pretty close. Note this is for a bomb, though. For a crippled reactor continuously spewing radiation, cumulative dose might go up even faster.
Could you be a bit more descriptive than "bottom-left" sketch? I was referring to the diagram of the blast at the Bikini Atoll, where, if you examine the chart, although the radiation at or near ground zero was at "7500" (no units displayed on the chart), just a few miles north or south, it was only 100, but hundreds of miles to the east (i.e. where the wind was blowing), levels were still 1000 or higher. Note also that as little as twenty miles to the northwest, they didn't measure any rise in radiation, which suggests that directionality of wind is the predominant factor in the spread of radioactivity. The point source and inverse square assumptions just don't hold.
I was looking at the sketch before that, the one which is "based on DELFIC calculations". Looks like they assumed a nice, steady wind. Reality is messier (like the Bikini fallout). Agree that there's no obvious reason why inverse square should work, even if you assume downwind only. It just kinda works in that sketch of theirs.
that is what tyler assumed. that is where he got his #'s. i'm pretty damned sure. but no one would say it is real or true based on the data and the one, possibly over-simplifying assumption.
we'll be getting the data for the site, i imagine, quite soon.
I miss the World that was, just a week and a half ago.
I'm 32 and miss 12 years ago! At least then I could f### some blonde next to a bush on the corner of a street-light without worrying about a "video". 2011-when technology has become an absolute burden!
Uh, I think we all miss being 20 :)
I understand and agree with your point.
Many of us knew the end was coming soon. It was just a question of how "the end" would manifest itself.
Adapt. Adopt. Improvise.
+1
I'd add innovate.
ORI
Might as well add "INNERVATE" to that...
And hyperventilate.
renovate. interior re-decorate.
Radius, not diameter, yes?
Also,
High radiation outside Japan's evacuation zone, says IAEA
2011-03-22 04:40:00
Vienna, March 22 (DPA) The International Atomic Energy Agency (IAEA) said Monday that high radiation levels were measured recently not only inside, but also outside the 20-km evacuation zone around Japan's stricken Fukushima nuclear plant.
Asked whether Japan's authorities should consider widening the exclusion zone, a senior IAEA official said: 'There should be a consideration about this.' The official requested anonymity.
At the same time, IAEA officials said radiation rates are declining and levels are not unhealthy in dozens of Japanese cities including Tokyo, for which the Vienna-based agency is receiving official Japanese data.
On Sunday, one measurement 58 km from Fukushima registered 5.7 microsieverts per hour, the IAEA said in data provided to reporters.
At that rate, people would be exposed to the IAEA's annual recommended maximum radiation of one millisievert within about seven days.
The IAEA assumes that receiving more than one millisieverts per year, in addition to the dose from naturally occurring radiation, raises long-term cancer risk.
IAEA radiation expert Gerhard Proehl also mentioned one site more than 30 km from the nuclear plant where 100 microsieverts per hour are being measured.
Authorities have evacuated people living within 20 km of Fukushima's six reactors, and have told people within 30 km to stay indoors.
In addition, the IAEA said it seeks more information about radioactivity across Japan. So far, above-limit doses have been found in vegetables and milk in several regions around Fukushima.
Agency experts said some residual radioactivity would remain in the areas for years, but most of it would decline rapidly because the radioactive iodine isotopes have a short half-life and decay quickly.
The radiation comes from two explosions and possibly from a fire at Fukushima, which have occurred in the days after the plant was hit by an earthquake and tsunami March 11.
Radioactivity occurs when an atom's nucleus disintegrates into so-called isotopes that can enter the soil or the food chain. These isotopes emit potentially harmful radiation. Sieverts are the unit for measuring the radiation dose for humans.
For the record, on Friday March 12th, Japan first had the earth quake rated at M7.6, then 8.4, then 8.8 and then finally on Saturday, when it is apparent of the devastation, 9.0
USGS was 8.9 from the get-go, and then 9.0...
At least USGS is not shy of stating a scientific fact when it is not western California coast, near the San Andreas fault...
OK I'm looking here, is this right?
http://en.wikipedia.org/wiki/Sievert
161 microsieverts/hour = 3.86 millisieverts/day = 1410 mSv/year
Yearly dose examplesFrom my superiour knowledge, after having watch CNN for the last 11 days, and clicking on your link, I can verify your information as 100% correct.
Now what???
When in danger
fear or doubt,
run in circles,
scream and shout!!!
you forgot to add.
3.864m SV or 0.003864 Sv per day....
Symptoms of acute radiation (within one day):[16]
This is the interesting bit, allowable dose.
- Criterion for relocation after Chernobyl disaster: 350 mSv/lifetime[10]
- In most countries the current maximum permissible dose to radiation workers is 20 mSv per year averaged over five years, with a maximum of 50 mSv in any one year. This is over and above background exposure, and excludes medical exposure. The value originates from the International Commission on Radiological Protection (ICRP), and is coupled with the requirement to keep exposure as low as reasonably achievable (ALARA) – taking into account social and economic factors.[15]
- Public dose limits for exposure from uranium mining or nuclear plants are usually set at 1 mSv/yr above background.[15]
[edit]I'm sure SHARP will release 1st de-radiated Microwave oven soon.
This is March 14 news: Several Asian governments said Monday they would screen food imported from Japan for radiation after one of the country's nuclear power plants was damaged by a massive earthquake and tsunami.
Now Taiwan found beans imported from Japan shown higher than normal radiation.
*Smoke from Fukushima plant's No. 3 reactor likely from burning debris - Minister of Defense
http://english.kyodonews.jp/news/2011/03/80015.html
Ambient temperature is around 5 degrees celcius, they have been pouring tens of tons of ice cold sea water over the reactors, and still you see smoke every now and then. The genie is truly refusing to get back into the bottle. Or maybe its just a small short circuit now they are connecting electrical power to the flooded circuitry - those pumps and valves' wiring have been inundated for more than a week - it would be a very difficult task for the brave engineers to fix them up even in ideal environment; without light, under high radiation, 12 days with little sleep and not certain to see their loved ones after this, one has to be really optmistic they can reactivate the cooling systems anytime soon. Menwhile, the genie is rumbling.
Tyler - When you say the Bank of Japan injects 2 trillion Yen what exactly does that mean? What are the mechanics of accomplishing this? Is the Yen just created out of thin air (or random electrons - as the case may be)? Basically the Bank places a debit on their digital ledger and credits the digital ledger of various other financial entities? Under what terms is this money provided? When does it have to be repaid? Basically the Bank of Japan is putting liquidity into the system and the entities receiving the infusion either purchase various assets with the loan or use it to settle outstanding debts they may have? How does it work?
Indeed, but these are radioactive!
adding zero digits via electronic money printing. they increase the money supply on purchases of Japanese govt debt. Same thing as the Treasury and Fed (US) = quantitative easing.
Central banks make unrealized losses on purchases bonds, T-notes etc when interest rates go upward. To avoid this they keep the printing ad infinium...
Money printing goes into equities as yield return is higher, as opposed to a 0% cash rate.
commods esp oil go upwards as the purchasing power of cash against scarcity deceases.
Japan will 100% go into a fiscal crisis in 2011, which should take out Asia.
Not just Asia. 21-ish years as "The Widowmaker" trade, but I don't think it'll be proven wrong this time..
total endgame for Japan...there is no way they can economically survive this...the BoJ and MoF will try and rally stocks for their pension markets. Japan will hit a credit/energy/inflation very quickly. No one will buy Japan. Buffet is a gambler, for me Hugh Hendry CDS bet...right on the money. smart guy
"total endgame for Japan"
Even if it is, it won't be. A generous dose of freshly printed $, plus a dollop of Bernay's sauce should do the trick.
in a nutshell... more TOXIC PAPER into the system...
Generally injecting usually means placing new created money with large broker/dealers.
As opposed to the Fed's plan of buying longer term bonds and paying for them with new money, the BOJ is mostly getting the new money back in a day or so - although they are now extending that to a few days to a week or so. Plus they are to a much smaller extent buying bonds, and yes, even stocks!
It remains to be seen just how much new money the BOJ will leave in the money markets, but probably a significant portion of what they already put in so far.
Good analysis. Thanks for this insight. Please contribute more because you are adding new information and analysis.
Good analysis. Thanks for this insight. Please contribute more because you are adding new information and analysis.
Thanks for the reply Charles.
I am no professional ... so take me with a grain of salt ... but this is just like our Fed ... print money out of thin air, buy shit to keep prices where you want them (low interest rates for bonds, high prices for stocks) ... I would venture the guess the are counterparty to all the "elites" and other sensible folks who are whole sale dumping their portfolios ... check your 401k ... bullion isn't option ... <translation>bag holder</translation>.
It tanks when the elite are sufficiently re-allocated.
Just my cynicism; it is my superpower.
Regards,
Cooter
With a power plant going offline, it will reduce their capacity to do so...
President of Exchange: [Randolph Duke has just collapsed with shock] Mortimer, your brother is not well. We better call an ambulance.
Mortimer Duke: Fuck him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!
[shouts - it echoes pathetically throughout the trading hall]
Mortimer Duke: Turn those machines back on!
BOJ Injects Fresh ¥2 Trillion to set the precedence of market calm and future posterity amongst the peasants.
Wash, rinse and repeat
Pardon me, no disrespect intended. But 1600X bullshit is still bullshit. I lost respect for the credibility with the Xenon post. Laughing gas at higher concentrations than publicized is NO laughing matter. A little science interspersed would be greatly appreciated. Junk away. Thanks in advance.
Laughing gas is N2O, not xenon.
...aka, "WHIPPITS" (at the dairy refrigerator of your local supermarket)
I thought he was just chemically ignorant, and was making a pun about "NO" (instead of N20) being "no laughing matter, which might have been funny.
Now I just think he's ignorant.
Meanwhile, Barry chillin' south of the equator where there is no Cesium yet, and has found his new Treasury Secretary.
"Missouri Democratic Sen. Claire McCaskill admitted Monday that she had failed to pay about $287,000 in back taxes and will sell a private plane that has created considerable controversy as she prepares to run for a second term in 2012. “I have convinced my husband to sell the damn plane,” McCaskill told reporters on a conference call Monday afternoon. “I will not be setting foot on the plane ever again.” McCaskill and her husband, Joe Shepard, co-own the eight-seat, two-engine plane with other investors. They bought it in July of 2006 "
I believe that the media is not reporting the correct amount of financing provided by the BOJ. They appear to be reporting the amount offered to the markets, but the amount accepted by the money markets is less.
There were two - 2 trillion offers today. One was refinancing the amount from Friday, and one for new money effective on March 24. This brings the net amount of new money up to 22 trillion yen as of today.
Wednesday there is 4 trillion expiring, so anything less than 4 trillion of new offers will be a net withdrawal of funds.
This unfortunately reinforces anti-nuclear sentiment, and right when Thorium fuelled nuclear reactors seemed to be gaining some limited attention.
The ramp in the Nikkei is obviously government trying with everything - every keyboard and printer it has - to avert a nuclear equity meltdown.
But it won't work. All it's doing is delaying the inevitable.
And notice how Buffet said Japan is a long term buy? But he wasn't a buyer? He was looking at Korean equities instead?
Yeah. He'll be dead soon. What's a little more bullshit going to do to sully the reputation of one of the biggest welfare kings and government dole runners in modern history?
Did you know he own's Huffy Bicycle?
ain't he dead yet?
A 1/10 ounce Gold coin will protect you from radition. You can't eat it but you can swallow it.
/JK
It started with a dramatic $2T on the fateful Sunday and that number exploded much higher.
Looks like it may take $2T a pop just to hold USD/JPY at 81.00. Maybe this thing is running out of room to run.
You would think there has to be some signifcant follow through of YEN weakening against the majors, but so far not.
Another $2T and still treading water at 81.00.
???........doubt is beginning to show in price.
Governments have a terrific track record for telling you what is safe:
DDT, dioxins, agent orange, trans-fats, HFCS, fluoridation, mercury fillings, lead in gasoline, cigarettes, asbestos, food colorings, MSG, Thalidomide, vaccinations, etc.
...and they steer clear of telling you what's "IN" the safe...
stuck on zero: i always liked the olestra--undigestible fat for potato chips. this would give folks intestinal cramps, enuf gas to go ballooning, and then the oil would just run out their asses. fabulous product! millions and millions of people tried it once, and just went: WOW!
We would quickly point out how ironic it is that a group of people that so adamantly refuses to believe much if anything disclosed by the government in any of its forms, is willing accede to threshold indications of safety for something that typically takes years to manifest itself, and is furthermore based on multi-variate inputs, if it weren't so glaringly obvious. The mandated data dissemination process can not calculate existing home sales accurately, yet is supposed to tell you precisely what rem concentration of radioactive Cesium can result in a mutated p53...
you're right, Tyler. Media in the US last year created a flap over the radiation risks of a single CT scan (indicated for compelling medical reasons)
The scientists, government officials, TEPCO officials, reporters (willing ones, at least) who all downplayed the risks of Fukushima: all criminals. They should be tried and imprisoned.
Seriously??? One of the primary responsibilities of government is to keep the peace. They should be honorable and honest - and panic millions of people? That is a better ethic?
If you were in Japan now, with wife, children, etc., would you rather the government lie to you?
I wouldn't.
Currency(Dollar or Yen), Equity(Nikkei or S&P), Debt (JGB or Treasury) are like the juggling balls. They go up and they go down.
But one thing that is consistent among all governments, is that they always managing to lower volatility (VIX). By printing, talking, manipulating. So that the people are appeased.
If they manage to convince 300 million Americans that 4-6 nuclear reactors leaking radiation is nothing to worry about...then how are they gonna convince those same Americans that a radioactive "dirty bomb" that fits in a suitcase can wipe out an entire city?
...Oh...wait...I forgot...they're Americans...Never mind....
The "Dancing With The Stars" season premier was this evening...
Egad! Get your priorities straight lad!
There's no problem. The Bernanke can stop inflation in 15 seconds. He has mighty big control rods.
TPTB do seem strangley cavalier about the radiation ambling about in the atmosphere.
It's constantly drilled into us that there is no safe level of radation. The effect is permanent, accumulative and linear on your DNA. The less exposure over your lifetime the better.
In my office, in order to take x-rays we were inspected, licensed, spent thousands for lead shielding, and would spend hundreds more per year to monitor radiation exposure of office staff. And the scatter radiation used was really pretty small and short lived in that application.
On the other side of the coin, as one pundit said, "Literally thousands of Japanese were killed in their cars in the tsunami and we're not talking about banning cars."
So there's a thought. What would be the negative impact on global humans be if nuclear power were suddenly disappeared. Would the cost of energy then make goods and food unaffordable to millions and have a greater negative impact on average human life expectancy than an nuclear incident every 20 years?
And why aren't we investigating using more Thorium reactors which do not have radiation and can't be used to make bombs? They can be improved to increase efficiency but aren't because they have no military app.
"can't be used to make bombs"
that's why.
Pundits must brainstorm all day long to come up with examples like that. That is not the other side of the coin.
These people were killed by the tsunami (as told by the pundits) They could have been on foot, naked, wearing sneakers or anything else.
It does not connect to the nuclear plant facility and its long term impact on life forms.
I also like the rest, I must admit: how about sacrificing a segment of humanity for the greater good. Pretty nice.
On a long enough timeline, nuclear radiation always wins against carbon based lifeforms.
"Mer-cury fil-lings and as-best-oses, DDT and MSG --- These are a few of my favorite things!"
-- Julie Andrews, Sound of Music, 1965
You can probably add Viagra to that list at some point.... I suspect we'll be talking about permanent bonner syndrome at some point in the future.
I hear the night life around Fukushima is really picking up. It's getting hot
No more paying for Brazilian waxes.
No need to put a hazmat suit on the one eyed wonder worm
In the land of no clothes... The mutant ONE EYED MONSTER gets to be king!
So this is almost two full body CT scans per hour, or in other terms, more than 16 chest xrays per hour, each and every hour.
Over the course of a month, what harm can 11,580 chest xrays possibly do?
How long before Tokyo is hit with anywhere near these levels? Higher levels?
My only comfort is knowing that MIT Professor Josef Oehmen wrote an article titled something along the lines of "Why I'm not worried about getting 11,580 chest xrays per months, and neither should you."
I think you have your micro and milli confused.
161 microsievert/hr = 0.16 millisievert/hr = 3.84 millisievert/day.
http://www.convertworld.com/en/equivalent-dose/Microsievert.html
According to a chart i'm looking at, a CT scan is 6.9 millisievert. So, this is approx. 1 CT scan every 2 days.
If so, my bad.
I wish they'd use a standardized, across the board measurement.
Having said that, I still wouldn't live in an area where I'm passively getting 120 chest xrays per month, with the possibility (likelihood?) of much higher levels soon.
I have yet to find many legitimate factual sources for comparing varying amounts of radiation dosage in X time.
That guy from MIT is *not* a professor (for any classes, nor tenured.)... he is a researcher in supply chain. Not a nuclear scientist and definitely not giving MIT a good name. (I like MIT, for obvious reasons.)
This is his official bio:
"Josef is also involved in a collaborative project between the King Fahd University in Saudi Arabia and MIT; the project is focused on product development and risk management research."
And his publications illustrate how much he is *not* qualified to be an expert:
http://web.mit.edu/oehmen/www/
Whew, I was getting worried there for a minute, thanks.