Elon Musk Fear of Jail if Kamala Harris Defeats Trump: "If He Loses, I’m F—ed!"

[LaoPo]

NIKKEI 225:

From 10.600 on March 9

to 8.368 right now, Tuesday March 15 - 2011

Down 21.7%

http://www.google.com/finance?q=INDEXNIKKEI:.N225

LaoPo

[LaoPo]

BREAKING NEWS ALERT

March 14, 2011

Japanese Stocks Plunge More Than 13% on Worries Over Radiation

By BETTINA WASSENER

HONG KONG — Stock markets plunged in Japan and across the rest of the Asia-Pacific region on Tuesday amid fears of the impact of the nuclear disaster and resulting concerns about radiation exposure.

The Nikkei 225 index, already badly mauled on Monday, plummeted as much as 14.4 percent on Tuesday to its lowest in two years, exacerbating the 6.2 percent slump the previous day, as warnings about a potential nuclear disaster in the country aggravated the pain already felt by the quake and tsunami. The broader Topix, or Tokyo Stock Price index, sank 14 percent.

Continues here:

http://www.nytimes.c...ets.html?emc=na

LaoPo

Edited March 15, 2011 by LaoPo

[ronz28]

People may want to avoid flying through the radiation clouds during the week. See map here... but its just an estimate of where it may go

http://www.wunderground.com/blog/JeffMasters/comment.html?entrynum=1763

and forget going to Tokyo as radiation is 23 times normal

http://www.marketwatch.com/story/tokyo-radiation-levels-23-times-normal-officials-2011-03-15-04540

Edited March 15, 2011 by ronz28

[SomtamFetcher]

People may want to avoid flying through the radiation clouds during the week. See map here... but its just an estimate of where it may go

http://www.wundergro...l?entrynum=1763

and forget going to Tokyo as radiation is 23 times normal

http://www.marketwat...011-03-15-04540

While I would never recommend voluntarily increasing your exposure to radiation if it wasn't necessary, it is helpful to point out that by your own link they are stating only .809 uSv. That is a tiny, tiny amount. To put it in perspective, here are some exposure limits:

Effect / Dose

Blood count changes 50 rem

Vomiting (threshold) 100 rem

Mortality (threshold) 150 rem

LD50/60* (with minimal supportive care) 320 – 360 rem

LD50/60 (with supportive medical treatment) 480 – 540 rem

100% mortality (with best available treatment) 800 rem

(Adapted from NCRP Report No. 98 "Guidance on Radiation Received in Space Activities, NCRP, Bethesda, MD (1989))

* The LD50/60 is that dose at which 50%of the exposed population will die within 60 days.

Since 100 rem is 1 Sv, this means that an individual could currently stay in Tokyo for 17 months at the current levels without even reaching the lowest level medical threat on this chart. Any astronaut who has ever been into space has been substantially more exposed to harmful radiation than the current population of Tokyo. On an average airline flight, you are exposed to .238 uSv/hr., so spending 10 hours in Tokyo is no more dangerous than flying round trip from the US to Bangkok. The Japanese so far have done an excellent job at containing this threat.

I understand people are scared, but it doesn't help to spread fear and misinformation. I wouldn't suggest a trip to Tokyo right now if you didn't have to, but if you do have to, the threat is negligible. There is no reason to cancel your plans over this.

[LaoPo]

The NIKKEI 225 closed -10.55% on Tuesday March 15 and that's -19.53% in the first 2 days of the trading week after the Eartquake and Tsunami + following Nuclear problems.

http://www.google.com/finance?q=INDEXNIKKEI:.N225

LaoPo

[LaoPo]

BREAKING NEWS ALERT

U.S. Stocks Off Sharply at Open After Slide in Tokyo; Dow Falls 2% in First Minutes

The prospect of a nuclear catastrophe in Japan drove stocks

down around the world. After the benchmark index in Tokyo

fell more than 10 percent, stocks opened sharply downward on

Wall Street, with the Dow Jones industrial average falling

284.87 points (2.38 percent) while the broader Standard &

Poor's 500-stock index dropped 35.27 points (2.72 percent).

Major European indexes also posted falls of 2 to 4 percent.

Read More:

http://www.nytimes.c....html?hp&emc=na

LaoPo

[Phil Conners]

Indeed blood in the streets in US today. Everything is down, even gold. Half of my portfolio got sold by trailing stops. Maybe I'll sit on the sideline for a while.

[ronz28]

People may want to avoid flying through the radiation clouds during the week. See map here... but its just an estimate of where it may go

http://www.wundergro...l?entrynum=1763

and forget going to Tokyo as radiation is 23 times normal

http://www.marketwat...011-03-15-04540

While I would never recommend voluntarily increasing your exposure to radiation if it wasn't necessary, it is helpful to point out that by your own link they are stating only .809 uSv. That is a tiny, tiny amount. To put it in perspective, here are some exposure limits:

Effect / Dose

Blood count changes 50 rem

Vomiting (threshold) 100 rem

Mortality (threshold) 150 rem

LD50/60* (with minimal supportive care) 320 – 360 rem

LD50/60 (with supportive medical treatment) 480 – 540 rem

100% mortality (with best available treatment) 800 rem

(Adapted from NCRP Report No. 98 "Guidance on Radiation Received in Space Activities, NCRP, Bethesda, MD (1989))

* The LD50/60 is that dose at which 50%of the exposed population will die within 60 days.

Since 100 rem is 1 Sv, this means that an individual could currently stay in Tokyo for 17 months at the current levels without even reaching the lowest level medical threat on this chart. Any astronaut who has ever been into space has been substantially more exposed to harmful radiation than the current population of Tokyo. On an average airline flight, you are exposed to .238 uSv/hr., so spending 10 hours in Tokyo is no more dangerous than flying round trip from the US to Bangkok. The Japanese so far have done an excellent job at containing this threat.

I understand people are scared, but it doesn't help to spread fear and misinformation. I wouldn't suggest a trip to Tokyo right now if you didn't have to, but if you do have to, the threat is negligible. There is no reason to cancel your plans over this.

Perhaps, but some airlines are cutting out flights to Tokyo, etc. due to the contamination risk to people and aircraft based on their risk assessment.

http://www.reuters.com/article/2011/03/15/uk-japan-quake-airlines-idUSLNE72E04J20110315

[LaoPo]

NIKKEI225 bounces back and up +6% after opening:

Japan's Nikkei 225 rebounds as economic concerns ease

16 March 11 00:51 GMT

Japanese stocks rebounded as concerns over the long-term impact of Friday's earthquake and tsunami on Japan's economy ease.

The Nikkei 225 index gained 6% in early trading on Wednesday.

http://www.bbc.co.uk...siness-12755374

LaoPo

[ronz28]

Bankers flee Tokyo

http://www.cnbc.com/id/42109096

[flying]

I wonder in a situation like this & Japan being one of the largest holders of US Treasuries/debt

Will they now likely need to sell a possibly large portion of it to aid their recovery?

If so I am wondering about the consequences.

Or is that an unlikely scenario?

[LaoPo]

I wonder in a situation like this & Japan being one of the largest holders of US Treasuries/debt

Will they now likely need to sell a possibly large portion of it to aid their recovery?

If so I am wondering about the consequences.

Or is that an unlikely scenario?

No, it's not and you're right; Japan will have little option other than to make deals with "Washington", one way or another to start paying for the immense amounts of money the rebuilding is going to cost.

Tens of thousands of new houses have to be build and re-construct infrastructure, factories, farms, agricultural land and so much more.

It depends IF they can rebuild in the areas, destroyed by the tsunami, depending on the present and coming further Nuclear outbursts; if there is a real meltdown with escaping radioactivity, the areas will become no-go areas like Chernobyl and new places in Japan (coastal areas!) have to be found to give all those people new lives and homes, factories, jobs etc....an immense drama

But, that's premature at this stage.

Japan has some $ 885 Billion in US Treasuries, being the 2nd largest holder after China, but it will be painful to sell some of it (15 - 20%, maybe more) at a discount; but the whole drama is extremely painful and costly.

But.. they HAVE the money (read: US treasuries) instead being broke if it would be another country, not so rich.

http://www.treasury....cuments/mfh.txt

LaoPo

[LaoPo]

^^^^

Just after I posted the message above, I ran into this

Economic hit from Japan quake seen up to $200 billion

2:30pm EDT

By Leika Kihara

TOKYO (Reuters) - Japan's devastating earthquake and deepening nuclear crisis could result in losses of up to $200 billion for the world's third largest economy but the global impact remains hard to gauge five days after a massive tsunami battered the northeast coast.

As Japanese officials scrambled to avert a catastrophic meltdown at a nuclear plant 240 km (150 miles) north of the capital Tokyo, economists took stock of the damage to buildings, production and consumer activity.

Story:

http://www.reuters.c...&feedName=usdai

LaoPo