Black Monday: Nuclear Meltdown in Japan
- Thread starter bond_trad3r
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Market is still in the red. Compared to "these natural disasters have been bull items especially when they happen in someone Else's backyard.", where is the bullishness? If it is in the center of the hole in the lower back, it is not bullishness.
Would you like your post to be nominated for the bagholder award?
TJ, silly kid, long term bull item. I never told you to get long today. In fact, I specifically told you that the middle east is the bigger concern, not Japan. I also told you if there was a trade out of this it would be a spreading the spoos against the Nikkei. Not a very good student in school are you TJ? It's always the details that get you. Gotta pay attention to those details.
I am in no way an expert in nuclear physics, just for the record...
Just to take a couple of steps back...did all of the local workers die when the tsunami came? Is it now some kind of disaster recovery team ''on site'' trying to repair the damage?
Presumably these guys trying to clean up the mess are basically signing a personal death warrant? In Chernobyl even the guys who flew over the site by helicopter to report the story ended up dead, if I recall.
Or are they attempting to find a solution to cooling from off site, flicking a few switches on some computer fifty miles away? Sounds remarkably similar to the BP disaster - trying to find a solution off the cuff when the back up plan failed.
We all know how quickly that situation was resolved, I'm not sure these guys have that much time.
Just to take a couple of steps back...did all of the local workers die when the tsunami came? Is it now some kind of disaster recovery team ''on site'' trying to repair the damage?
Presumably these guys trying to clean up the mess are basically signing a personal death warrant? In Chernobyl even the guys who flew over the site by helicopter to report the story ended up dead, if I recall.
Or are they attempting to find a solution to cooling from off site, flicking a few switches on some computer fifty miles away? Sounds remarkably similar to the BP disaster - trying to find a solution off the cuff when the back up plan failed.
We all know how quickly that situation was resolved, I'm not sure these guys have that much time.
according to most experts in the news, they are saying the remaining material doesnt have enough power left to break the containment shell and cause chernobyl 2 even if they have a total meltdown. That's the only real concern, small leaks etc.. is not a blackswan and will not move the market.
So this should be a nonevent as far as the market is concerned in a few days, as to how the overall damages will impact the economy/market is anyone's guess.
Take it easy on the sensationalism, it seems some of you drama queens almost wish for a mushroom cloud over japan.
So this should be a nonevent as far as the market is concerned in a few days, as to how the overall damages will impact the economy/market is anyone's guess.
Take it easy on the sensationalism, it seems some of you drama queens almost wish for a mushroom cloud over japan.
Quote from benwm:
I am in no way an expert in nuclear physics, just for the record...
Just to take a couple of steps back...did all of the local workers die when the tsunami came? Is it now some kind of disaster recovery team ''on site'' trying to repair the damage?
Presumably these guys trying to clean up the mess are basically signing a personal death warrant? In Chernobyl even the guys who flew over the site by helicopter to report the story ended up dead, if I recall.
I expect they will be rotating personal to try to keep individual radiation doses to some sort of reasonable level. It is highly doubtful that radiation levels are anything like at Chernobyl. Certainly not according to the figures here: http://www.nisa.meti.go.jp/english/files/en20110315-1.pdf
Chernobyl was really sudden and there was no time to get organized. This event has been going on for days. It is quite different.
Just been reported that reactor 2 building has exploded. This is now the third reactor to blow the containment building.
That is now radiation x 3 = full dose.
Markets should be down 10%
That is now radiation x 3 = full dose.
Markets should be down 10%
I'm just puzzled at the logistics involved in managing the situation. They've got this 20km or 50km evacuation zone in place...so when the guys are not working do they wheel them out of the exclusion zone? Then when they get the wake up call, is the Japanese army/US navy whisking them back on to the site in their protective clothing?
How many guys are involved? I would guess that working at a nuclear power plant is a bit like being a nighttime security guard with a big more technical nous required - there's only 1-2 of you looking after the place, mostly reading the newspaper, watching a bit of TV, you're never really expecting to use any of the stuff in the emergency situation manual, so you never read it...
Considering the fact that the tsunami took out the water cooling pumps I wonder how these guys on site survived the tsunami? Did they have some sort of panic room bunker that survived the tsunami?
So many questions...
