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To: justa-hairyape
The smoke, fire and tumbleweeds went on for hours.

I can relate to that.....having seen it myself. I can't relate to people on FR that believe what is going on in Japan is anything more than a localized disaster. It's the same as the Texas/Oklahoma wildfires....not something you want to endure....but recoverable from a residents standpoint......frankly the Texas/Oklahoma wildfires have killed more people that the "nuclear meltdown" you are so worried about.

32 posted on 05/16/2011 2:43:22 PM PDT by ScreamingFist (Quiet the Idiot)
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To: ScreamingFist

And I can’t relate or even fathom people that are so clueless as to think Fukushima is a localized disaster.

The ramifications are mind boggling.

I suspect lurking behind the reluctant release of info from the beginning ..in a small part..had to do with credit default swaps and the unwinding of yen carry trades.

Japan MUST have trade surplus because of their leverage.
I repeat..MUST have trade surplus.

They are the second highest foreign owner of our debt.

A big portion of their Government Bonds are held by Japanese corporations.

The financial ramifications are huge.

And NO it does not just effect Japan.

Remember the banking crisis????

In 2008.

It didn’t just effect the US.


36 posted on 05/16/2011 3:11:23 PM PDT by RummyChick
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To: ScreamingFist

Two nuclear rectors buildings exploded. It became a world wide problem at those specific instances. Ask yourself why the US government decided to stop monitoring radiation release from Japan within the US just a few days before the Japanese officially admitted three nuclear meltdowns ? If you think this government is here to protect you, you are sadly mistaken. Just ask the residents of West Texas who got burned out.


61 posted on 05/16/2011 5:39:29 PM PDT by justa-hairyape
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