This blog is an informative guide in the dog eat dog world of the global economy. Most brokers, realtors, bankers are essentially mercenaries available for a price. Similar to their past brethren these mercenaries can have ulterior motives and can be unpredictable. However if chosen and motivated correctly these mercenaries can be crucial to success. I too am a mercenary and will try my best to guide you through the economic & investment landscape among many other things!
Monday, April 11, 2011
Fukushima nuclear accident is now at the same rating as Chernobyl.
Today's news of Fukushima getting the same severity level as Chernobyl is a big deal. A very big deal. In a months time the Soviets had mobilized 500,000 troops & "volunteers" to fight the meltdown in Chernobyl. Japan has a few hundred people working on it. Oh by the way Chernobyl had one reactor meltdown versus at least 2 of the 6 reactors at Fukushima. Crazy people aren't more pissed about the lack of transparency & effort from the Japanese government. The good news is the amount of radiation released is supposedly 10% of the levels of Chernobyl. The bad news is the problem hasn't been contained in Fukushima. The silver lining to this news is that by recognizing the severity of the situation (albeit late) Japan and the world can mobilize with maximum effort.
Bloomberg is on top of it with more details.
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Energy
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