A nice calm assessment of the situation..
clicky for great understanding
clicky for great understanding
Xbone Stormsurgezz
Unless it's in a Godzilla film.Spark wrote:
I don't think the Japanese, at risk of an extreme generalisation, are especially given to bouts of wild panic.
Yeah OK that isn't great. Could see some blown valves in the near future.Kmar wrote:
This can't be good. Japanese nuclear safety official says reactor inside stricken plant may be boiling. Via AP
And the bow wave is heading our way...TOKYO (Reuters) - Japan's Nikkei share average plunged 10.6 percent on Tuesday, posting the worst two-day rout since 1987, as hedge funds bailed out after reports of rising radiation near Tokyo. Many mutual funds were left on the sidelines, leaving them poised to dump shares into any rebound.
The yen tripped on talk of intervention by authorities trying to contain the economic impact from last week's devastating earthquake and tsunami, but then recovered. Government bond yields rose as investors sold debt to offset stock market losses.
The scale and speed of the equity selloff forced domestic fund managers to sit on the sidelines as market volumes surged to a record for a second day running.
PARIS (Reuters) - Stock index futures dropped sharply on Tuesday, with futures for the S&P 500 down 2.8 percent, Dow Jones futures down 2.5 percent and Nasdaq 100 futures down 2.6 percent at 0935 GMT (5:35 a.m. ET), on mounting fears over Japan's nuclear crisis.
A Japanese nuclear power plant sent low levels of radiation floating toward Tokyo, prompting people to flee the capital and others to stock up on essential supplies.
Japanese stocks plunged 10.6 percent, posting the worst two-day losing streak since 1987 on reports of rising radiation near Tokyo, suggesting any deterioration at a quake-hit nuclear plant could trigger more panic selling led by hedge funds.
European stocks dropped 3.4 percent in morning trade, led by shares of nuclear-related utilities, luxury groups and assurance companies, while mining shares dropped along with metal prices.
Important to note is that radiation isn't a static term (although the media likes to throw it all on a big pile), different radioactive isotopes have different decay rates (measured in the time it takes for them to halve in radioactivity) and also produce different amounts and kinds of radiation. People who had physics in highschool probably remember, that there are some isotopes with decay rates of a couple seconds, even a fraction of a second and there are some that decay in 10.000+ years, which ofcourse pose a very large threat to human life (say, Uranium isotopes).lowing wrote:
http://www.cnn.com/2011/WORLD/asiapcf/03/15/japan.nuclear.reactors/index.html?hpt=T1&iref=BN1
they are saying radiation levels have dropped to levels "not harmful to human health". Is this something we are to believe, or is it panic control measures?
Last edited by Shocking (2011-03-15 04:57:55)
70% chance till the 16th 50% chance from 16-19th.Spark wrote:
Word is that there is a significant chance of a very nasty aftershock (7+) in the coming days
More than 400 aftershocks so far I believe, a couple dozen over 6.0.Kmar wrote:
They just had another quake off of honshu.. 6.0. They pretty much expected more over the days following the big one.
Last edited by Shocking (2011-03-15 05:01:37)
Well it's got everyone worried because it might tip the scales on the nuclear reactor issue.Spark wrote:
yeah that's what I read. Not fun. Hopefully won't cause too much damage - probably not quite big enough to cause a major tsunami (unless there's some undersea cliff/wall that's been already destabilized and is on the verge of collapse, which would be rather bad as that would create a fairly localized but fairly tall tsunami), and probably not big enough (assuming it happens out to see) to register the VII's and IX's on the Mercalli that it takes to seriously start damaging Japanese buildings.