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This must be good for stocks. Means rebuilding or something.
Bullish for NFLX for sure, all those poor souls stuck in their homes
Price line too. All-time highs! People don't mind paying more for everything.
and if that isn't just the crowning turd in the water pipe...
Arnie Gundersen, Nuclear Engineer with Fairewinds Associates, Inc, with an excellent video explaining the travesty that is now unfolding at Fukushima, where dispersion stacks are not working, where 70% of the fuel has failed, 6 to 8 cores in 3 Reactors have failed/melted, breach has taken place at Reactor 2, radioactive gases are experiencing 'ground level release' (much higher concentrations than what TEPCO or Japanese Government has reported), and where 'building wake effect' is taking place, significant contamination was taking place as far away as 40km as of yesterday (1,600x background radiation [noble gas clouds emitting gamma rays] - with more to come and further out, and 0.9 surface contamination as measured in MegaBequerels per square meter - HOTTER THAN HOT SPOTS AT CHERNOBYL.
At 40km from Fukushima Daiichi, already higher surface contamination than hot spots at Chernobyl, and radius growing
My heart goes out to the men on the ground there that have sacrificed their lives. The is no greater way of saying thank you.
Of course if it was me, I would round up the government, and make them do it with no suits on.
BTFD on Areva and Electricite de France. India and China will build their plants anyway and will need folks to help them build them. Especially as nucular power is a sign of being a delveloped country that understands the cutting edge.
Or donate small % of your gold/silver winnings to Japanese Red Cross.
(Note, nothing in this post is sarcasm.)
China's primary selection was the Toshiba design, yes?
Combination of Areva, Westinghouse (Toshiba) and indigenous.
While that may be the primary choice the Power station in Lianyungang is of Russian design. http://www.nti.org/db/nisprofs/russia/exports/rusprc/react.htm
I was invited on a tour of this facility in 2009 but, on the day, it was cancelled due to an "accident". Good luck in finding out what that meant.
Someone spilled a Pepsi on the control board.
Err, correction it was 2008. Man the years are melding together now. I did find some info on it though: http://en.rian.ru/world/20080919/116950045.html
Yes. China has put a pause on nuclear plant building while it re-checks safety arrangements. It could be that things will continue as they should.
If it was up to the man on the street in China, they'd kick Japan while it was down and give the contract to those impressive Frenchies that are bombing the hell out of somewhere.
Disclosure: no position and a drop of 5.4% or 8% in a French company isn't going to get me to figure out how to buy stocks in them. 20%, maybe.
When it's really high tech, it's called the Bleeding Edge...
ZH readers not know what corium is?
If you want the straight skinny on latest generation nuc powr plants, have a look at AREVA' current offerrings and specs:
Corium explained near end of these specs:
Corium explained near end of these specs:
market is in tune out mode with Japan now. Reason is bankers can't cover up nuclear meltdowns as easy as spreadsheet losses.
tune out Japan, check.
tune out MENA, check.
tune out EU, check.
tune out housing market, check.
tune out high unemployment, check.
tune out $5 gas, check.
tune out rising commodity prices & inflation, check.
tune out debt ceiling debate, check.
am i missing anything?
tune out lowest monthly new home sales data on record (February), check.
tune out plunge in durable goods orders, check.
tune out any lousy macroeconomic data, check.
tune out any bad news, check.
I'm outta here. :>)
@ John and previous posters
the market is in tune out mode because the market knows what happened. the story is done. no need for all these articles. let me explain. the genuises at ge that designed the mark1 nuke plant (there are 23 of 'em in the usa) thought it was a good idea to store the spent, radioactive, fuel rods, inside of, and on top of, the nuke reactors. those reactors are now blowed up along with the spent fuel rods. get it?!
So is the is the top of the bubble?
Tune out earnings misses and warnings. Best buy rallying on missed results and lower guidance.
tune out all of the above - check
TUNE IN MONEY PRINTING - check
yes - tune out the enormous oil slick still sitting at the bottom of the sea
from the BP disaster
Tune out reality.
So your fish is already grilled when you catch it.
Secretly sushi preparers welcome high levels of radiation takes care of the worm problems often associated with raw fish.
The dilution factor in the ocean is pretty big. I don't think this is going to be a problem.
Its already a problem at the Tokyo fish market. Sales off 70%
exactly. "it's the fear factor." poo-pooohing "things nuclear" as WE are doing (???is it our crisis???) strikes me as precisely the wrong response. on that other hand "it is what we do...AND WE DO IT WELL."
Not much to do with bloggers....and everything to do with the Japanese knowing they cannot trust information coming from government and industry. If the govt had a history of honesty and believability there would be much less fear.
Also you will see a lot of the 'better safe than sorry' mentality mixed with distrust of government assurances. AND if it were my kids in Tokyo I would be telling them better to be safe than sorry.
It's also the, "tsunami washed my fishing boat a mile in land and it's now sitting on what used to be a karaoke bar" factor.
and we have a winner.
Why is it that some zh'ers think every negative story connected with Japan is down to the the nuke power plant, when they ust had a 9.0 earthquake and a 12m tsunami?
Because nuclear meltdowns and radioactive pollution are a little harder to clean up than earthquake/tsunami damage. Multiply that difficulty with distrust in TEPCO/Jap. government growing daily...
Oh come now. I seriously doubt the bulk of the Japanese fishing fleet was washed inland. We are only talking three prefectures where the tsunami was intense. I imagine 90% of Japanese fishing boats are just fine.
2 minutes on Google would suggest differently:
Major fishing ports on the Pacific coast of Honsh? include,Hachinohe, Kesennuma, and Ishinomaki along the Sanriku coast
Japan domestic fishing industy:http://www.seafoodsource.com/newsarticledetail.aspx?id=9614
Three Eyed, Two Tailed Tuna will be the new Sushi Delicacy.
Eat while pregnant and you might give birth to something just as exciting and exotic.
When is breeding season?
Think positive man, at least it won't sink...
and you haven't got far to go for a beer.
explain mercury in my tuna and why there wont be any radiation in that same tuna at a future point
Completely different chemical elements with completely different physiological effects. To start Iodine-131 decays rather quickly while mercury is stable. But don't let it stop your despair...
>To start Iodine-131 decays rather quickly
As do Cs137, Sr90, etc. Oh thats right they don't and where there's I131, Cs137 is sure to follow. BTW, what isotopes do you get when you pump sea water into a reactor? See thats the thing with spin. What was the question again? Radiation in seafood not the half life of I131. Do Cs137 and Sr90 lodge in the organs, muscles and skeletons of fish? Whats the story with predator species like tuna?
If it is a dose large enough to kill an adult fish, you won't eat it because you don't eat dead fish floating in the water of washed up on the shore. You are safe.
If it is a dose large enough to kill a young fish, see above and it won't grow to be an adult fish and reproduce. You won't eat fish because there are few left for a while; you are safe but may go hungry.
Predator fish may or may not accumulate enough to kill itself. See above, and if the dose is not enough to kill a large fish like tuna it is unlikely to be enough to kill you, who will only eat a small piece of it at a time.
Unless you are in the contamination area where you may or may not suffer any consequence, you are in real trouble, since the imaginary contamination *will* fry your brain beyond repair.
If it doesn't kill you right away, you'll be fine.
You might get cancer, or develop an autoimmune diseaase.
Your babies may be born with interesting birth defects.
But these things aren't instant death. So it's ok.
It is good to be scared isn't it? Even if it is imaginary, suddenly all other problems, in real life, fade away.
Being exposed to radioactivity may lead or not to certain diseases... But you also might get cancer anyway, wherever you are. Babies may be "defective" even if the mother is perfectly healthy and safe.
But you can count on *any* unknown case of cancer or yet to be found "defective" baby in the womb in that area that, as a matter of fact, *will* we attributed to this disaster. The preexisting ones; the statistics must look good, you know.
I'm very cynical in this post. Count all the collective man-hours wasted in these many threads, reading and writing disinformation or countering it, and you'll realize a lot of "human lives equivalent" have died already.
good news is, on a long enuf timeline, this wont even matter
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