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Ain't bad, bitchezzz!!!
We need to send a few thousand Keynsian Economists to help out Japan. Doing things like cleaning up the reactors and manning the beaches watching for radioactive tsunamis.
Just keep them away from economic decisions.
peachy, just fuckin peachy...
I wonder if it will blow up before or after sunset...
Looks like something already blew up.
They can stuff them in those leaky cracks too.
Obviously, the solution to a leaking core at a nuclear reactor is to create more uranium. More uranium will produce more heat. More heat will produce more electricity. You can use the extra electricity to cool the damaged reactor.
Alternatively, you can extrapolate the odds of a tsunami in your risk analysis. A sufficiently large earthquake to rupture a containment chamber or used rod pool will cause a tsunami of such magnitude as to cool the fuel exposed.
See? No problem!
proof over and over that the japs are incompetant!
Nah, no way. I'm not having that, the Japs, no way.
They build Toyota's and they're supremely reliable.
I know a guy who had one once...
surely they can find some power in a power station for christ's sake...
It is worse. Few Deaths From Chernobyl is a lie.
Japan is riding a similar trajectory.
Not according to Monbiot.
no worries I'm sure they have at least 30 minutes of battery power.
Its just a nuclear power plant... relax
The fastest one ever built, to boot!
battery power, do you mean AAA's?
I thought that was just their Fitch and Moody's rating....
Maybe it's time for Japan to throw in the towel on the nuke plants
Enough is enough
one is working... say its enough for now! WHOA!
NHK just reported the 2 lines that went down were not in use as the plant has been shut down since the big quake.
What's the bid deal? Market to close green. That's all I care about. Humans? what humans
Engineers now evacuated means the threat of a tsunami is more dangerous to them than the radiation...
I just looked at it in Google Earth, and luckily there is a finger of land in between the plant and the epicenters of the two quakes, which were about 12.5 and 30 mi. away.
Engineers now evacuated, you mean in their pants?
Veracruz, Mexico had a 6.5 couple of hours ago!
Don't worry! Tyler Mathisen and Scott Wapner have assured everyone that everything is fine. "All clear."
And if they are wrong, everyone knows that all E. Burnett has to do is come on and be adorable, and PEs everywhere will be saved.
For those of you still confused, please listen to Sharon Eperson, whose response to all this earthquake nonsense is to simply direct your attention to the Middle East. Apparently, she believes this is more comforting for morons who have bought stock from bankers and brokers who are bordering on declaring their undying love to Ben Bernanke and his New American Marxist/Banker party. Stick with the bankers, boys! They will always lead YOU to prosperity.
[/sarc off....Oh and...Fuck you, Gordon Charlop! Fucking ass clown! And fuck you Steve Liesman, as well!]
We now resume your regularly scheduled Marxist TV programing.
I understand that it is Zero Hedge's job to be, shall we say, ever vigilant but this is too much. I they lost yet another complex as the result of a relatively minor (compared to the main quaake) follow on earthquake the industry could kiss itself goodbye as that would basically show that the plants are not safe.
I believe they already have...
of course very bullish, there could have been more plants experiencing problems.
Nitemare nuclear island!
agreed virgil. the problems there also affect everyone in some way even though they do not live there or near there. what a custerfuk!
btw nice avatar. i hadn't noticed the resemblance before!
"I fell into a burnin' ring of fire..."
Link to earthquakes
There was, I believe, a USGS guy that said right after the 9.0 hit that there was _guarenteed_ to be a 7+ magnitude within a couple weeks.
Looks like he was right.
Hey pal, we economists get it right once in awhile, yet we get no praise.
I love Lord Keynes
Here is a predictor that got it right:
I predict it will either rain or go dark tonight...
Err, what you linked shows the first two units were shut down in 2006?
They did have to also shut down the last unit straight after the earthquake but nothing in there about there having been issues with the shutdown itself?
Yeah that they had to shut down all three 5 years ago due to failed inspections, security concerns and mishaps shows up how TEPCO isn't the most competent operator out there. Nothing quoted shows an immediate crisis.
I'm more worried about the latest earthquake making Fukushima Daichii even more unstable.
Please direct your attention to the unicorns out in the field. You'll feel better. Then you can buy some Lulu Lemon and the world will be right again.
If you are not part of the solution, you are part of the problem. After all, valuations, by any historical metric, are cheap. And we all know the economic power of self-involved American yoga queens. More powerful than fission...I think we can all agree.
If you are not part of the solution you are smarter than the average bear.
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'Cold Shutdown' at Onagawa from previous event (EQ and TS) was uneventful (i.e. successfully accomplished), therefore, no 'bleeding' headlines like for Fukushima I ... Fukushima I experienced a 'station blackout' event as a result of the Tsunami and resulted in the catastrophe currently playing out there ...
TEPCO says no irregularities at Fukushima plant (per Reuters) ...lost in translation?
I would guess the Japanese spokesman chose a different word than "irregularities", tending to avoid that complex of mixture of "r"s and "l"s. But still - nothing unsual except secret, random, exposed re-criticality events.
This exhibit is closed.
no irregularities is the Japanese equivalent for SNAFU...
So how much of their power generation is offline?
The country can't rebuild without consistent power.
Is korea going to run an extension cord to get them back into the mix?
you also need to take into account thier demand is down as well. Several cities are just gone. But from what I have seen/read, Tepco is 15% undersupplied at the moment.
Yup, things are just not looking good business wise. Rolling blackout are having a big effect and the government is asking industry to cut its electricity use by 25%. Not easy...
That's right, little Tattoo.
CNBC Headline: Japan's Earthquake Downgraded to 7.1; Markets Recover Slightly (Click for More)
Looks like this was better than expected.
By the time the headline hit, the markets were lower heh.
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