Posts Tagged ‘Japan’

Still Way Behind The Curve

Monday, August 22nd, 2011

The Japanese government, which is at last admitting what everyone else has known for some time: the Fukushima nuclear disaster will render large parts of that Japanese region uninhabitable for decades…

Throughout this crisis, the Japanese government has seemed unprepared and disorganized. It’s not helped by a regulatory framework that’s very friendly to nuclear power or a refusal to admit that nuclear power is probably finished for good in Japan.

Gorilla says: “Not ready for a tsunami and not able to overcome it!”

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Still Evading The Truth

Tuesday, June 7th, 2011

Japan, whose government clearly covered up the scope of the Fukushima disaster

The latest version is that radiation leakage was double the previous claim and that meltdowns occurred in 3 plants within the first week.

And of course their nuclear regulators, like our airline regulators, are part of an agency whose job is to promote the industry.

Gorilla says: “It’s terabecquerel!”

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An Ongoing Disaster

Monday, May 16th, 2011

Everyone’s forgotten about Japan, but the nuclear disaster there shows no signs of ending…

The exclusion zone’s been extended and damaged plants are still leaking radiation.

The government seems unable to find a solution that won’t take months or years to reduce the fallout.

Gorilla says: “We might learn something about building nuclear plants in earthquake zones, or we might not!”

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The Cover Up Goes On

Friday, May 13th, 2011

In Japan, where they just can’t seem to figure out either what’s going on or why the story keeps changing.

It appears that the nuclear plant disaster was far worse than Japan admitted, and is still not under control.

The rest of the world has moved on, of course: bin Laden is still dead!

What’s troubling is that governments who are in hock to corporate interests always seem to put those interests ahead of the truth.

Gorilla says: “Americans have heard this song over and over again!”

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Japan Melts Down

Tuesday, April 12th, 2011

As has been apparent for at least 3 weeks, the Japanese don’t have a clue about the nuclear meltdowns occurring at their aging nuclear plants.

So far, it’s been a case of “don’t worry, under control” followed by “panic stations, now!”.

Is there anything good to come out of this disaster, now as bad as Chernobyl?

Yes, three things:

1) Nuclear power is dead for at least another generation. Regardless of the relatively tiny number of casualties (in comparison to those in oil, gas, and coal mining), the fear factor is both staggering and decisive.

2) Japan will at last begin to spend real money on infrastructure that matters. Rebuilding should get the economy moving, although it may take a few years.

3) Japan will at last recognize that it cannot keep its domestic market essentially closed. With fishing and farming pretty much dead in the water for the next decade, Japanese consumers will at last have some competition and deflation may, after 20 years, be conquered.

Gorilla says: “The silver lining isotope may outlast the rest!”

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Not There Yet

Monday, March 28th, 2011

Japan: clearly not in control of the nuclear problem.

And that’s why nuclear power has zero future anywhere.

Although the death toll may be less than 1 percent of what it costs to get oil and gas, perception is everything, and the perception is that those who build and regulate nuclear power don’t understand it at all.

Gorilla says: “What radiates is fear, and fear is in control!”

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Melting Down

Friday, March 25th, 2011

The problem with Japan is that they seem not to know what’s really going on with their reactors.

It’s not a serious threat to anyone outside Japan, but the sense ordinary citizens have is (yet again) that what people in authority keep telling us isn’t actually true.

Gorilla says: “No surprise there, then!”

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Still Not Cool

Tuesday, March 22nd, 2011

In Japan, where nobody seems to know what’s going on with the nuclear reactors.

Over the weekend, it was cautious optimism that things were getting under control, today not so much.

And radiation levels are rising in the food chain.

Gorilla says: “The warm glow is not yet one of success!”

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Stabilizing The Wrong Currency

Thursday, March 17th, 2011

The yen’s been rising, who knows why (is everyone shorting?)

So the G7 does its bit for depreciation!

Gorilla says: “And the yuan is just a yawn?”

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What Does Disaster Mean?

Thursday, March 17th, 2011

Brad DeLong is absolutely right, what does “disaster in Japan” mean?

Thousands or millions dead, cancer spreading down the generations, not that bad, infinitely worse?

We aren’t getting serious reporting of any kind on this, and we’re certainly not getting experts who are willing to take a chance on speculation, so what are we left with?

Every Western government’s telling their citizens to flee Japan, so Gorilla’s extremely uneducated guess is it could be very bad!

Gorilla asks: “But what does very bad mean?”

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