Breaking News thread for Japan crisis

[nnuut]

-clarification well put !!
Say - do you have any special plans for Monday ??

I have no special plans for any day, I'm RETIRED Ya know! Who needs another one of thoses, Lobster would be really good though.:toung:

 

[James48843]

Expert now says about 320,000 units have already been lost in world-wide auto production due to the Japan earthquake, tsunami, and nuclear raditation issue, and that number could easily reach 5 million before long:

Global auto industry could lose 5 million vehicles amid Japan disaster, expert says

Details:

http://www.freep.com/article/201103...s-amid-Japan-disaster-expert-says?odyssey=tab

That includes a lot of American domestic assembled cars that will not be able to be made, because of parts shortages from Japan.

 

[Gumby]

That includes a lot of American domestic assembled cars that will not be able to be made, because of parts shortages from Japan.

Looks like the government won't need a "Cash for clunkers" program anytime soon..... unless of course GM stock drops below $30/sh

 

[James48843]

Folks- perhaps somehow the sheer size and impact on the global economy isn't being made clear here. I'm talking, of course, of the sheer magnitude of what is ABOUT to happen.

I'm not talking about Libya. Libya is small potatoes compared to what Japan is really all about right now.

Let me try and put this into perspective. We've got SIX nuclear reactors in Japan, four of which have caught fire, and are leaking radiation into a major industrial area of the world. An area with a significant size population. Less than 100 miles from Tokyo.

Folks- this is going to be a MAJOR disaster for years and years to come.

Here's what one person wrote recently about this:

Oh, so there MAY be a "Core Breach"? I gotta sit down...

I'm shocked that this could possibly happen, what with all those experts on CNN and MSNBC LOCKUP telling me that everything seemed to be getting much better...and this propagandizing started, not yesterday, not the day before, or the day before that, but about 6 hours AFTER the Tsunami.

So, as we say in the game of Bridge, let's review the bidding:

1. Reactors are fine
2. A small burp of steam from the reactors
3. Some steam but not too much and certainly no radiation
4. Some steam, a little smoke, and maybe a little radiation
5. Outer building explodes in a giant cloud, no problems foreseen with the containment
6. Other buildings explode, but it's all meaningless because it's just the 'structure' and we've seen this before...(What's the matter, you've never seen a nuclear reactor structure explode? Sure you have - you just saw that happen a few hours ago - nothing to worry about.)
7. Maybe a little radiation, people evacuated a few kilometers, but just precautionarily.
8. Other countries tell their citizens to move a few MORE kilometers away - as my dear, departed grandmother used to ask, "Can it hoit?"
9. Radiation detected all over the place, but no more than if you too one dental radiograph every 57 years.
10. Radiation making its way to America, but it's just a wee little bit, so don't start worrying.
11. Infants in Japan not allowed to drink tap water due to radiation. A hundred miles away or more...what does this mean? Absolutely nothing. Can toddlers drink the water? Can adolescents?
12. Talk of evacuating Tokyo, or, as my father used to spell it, Tokio.
13. Neutrons reported implying core exposure through containment, situation grave. Their word. Optimism in short supply.

*****************

Now what do you think happens next? Still think it's all gonna be OK? That you'll awaken and it's just a dream?

Where the F are 70+ million Japanese going to go and how are they going to get them there?

As I had predicted, this is an evolving catastrophe. It's going to get a whole lot worse exponentially now. This is quite possibly the beginning of the worst disaster to affect mankind in recent millennia.

And you know what? If you're an optimist, I wish you well and would hope and pray that you're right...


but I don't think so.

Not looking good, is it?

G fund is looking good right now....

 

[James48843]

Automakers face paint shortage after Japan quake (Reuters) - The shortage of a specialty pigment that gives cars a glittering shine has prompted automakers to temporarily restrict orders on vehicles in certain shades of black, red and other colors. Major automakers, including Chrysler Group LLC (FIA.MI), Toyota Motor Co (7203.T), General Motors Co (GM.N) and Ford Motor Co (F.N) use the pigment, called Xirallic, produced at only one factory in the world -- the Onahama plant near the Fukushima-Daiichi nuclear power station in Japan. The plant is operated by German chemical company Merck KGaA (MRCG.DE), and has been evacuated. Merck spokesman Gangolf Schrimpf said the company does not know when it will be permitted to reopen the plant, which was closed soon after the March 11 earthquake. Chrysler told dealers it was restricting orders on vehicles in 10 colors, including two variations of black and three of red. Ford is slowing production of vehicles in "tuxedo black" and three variations of red. More: http://www.reuters.com/article/2011/03/26/us-japan-pigment-idUSTRE72P04B20110326

 

[RealMoneyIssues]

produced at only one factory in the world -- the Onahama

Interesting that any industry would limit themselves to one source... of anything... stupid

 

[Show-me]

While sitting directly on the Ring of Fire.

Interesting that any industry would limit themselves to one source... of anything... stupid

 

[RealMoneyIssues]

While sitting directly on the Ring of Fire.

Absolutely, I would think that would just add icing to the cake (of this is stupid)...

 

[Buster]

I don't like RED or Black anyways on a car...no biggy

 

[Intrepid_Timer]

"Radiation inside Japan nuclear plant rises sharply"


http://finance.yahoo.com/news/Radia...tml?x=0&sec=topStories&pos=main&asset=&ccode=

 

[Intrepid_Timer]

http://finance.yahoo.com/news/Offic...tml?x=0&sec=topStories&pos=main&asset=&ccode=

World leaders to Japan: "Umm, hey Japan, that number may cause some global panicking. Could you say it was a mistake and change all your numbers to show it isn't that bad? Thanks!".............

 

[James48843]

New video out of the Tsunami. If you haven't seen this one- it's pretty incredible. http://www.dumpert.nl/mediabase/1416681/71a8dbc9/nieuwe_tsunami_footage.html

 

[Show-me]

Wow, it engulfed two stories of a five story building.

 

[Buster]

That was INCREDIBLE..holy crap!

 

[FAB1]

Unreal.

I wonder if we will ever know how many have died?

 

[poolman]

Wow, Definitely Incredible. I feel bad for those affected and in all most of Japan is affected.
Talk about wrecking your life. WOW :blink:

 

[FAB1]

Not to spook anyone on the coastlines, not to alarm anyone adjacent to the pacific ring of fire, where they have volcanoes and fault lines, earthquakes. Not to panic anyone but seeing that video i can imagine how huge areas on the coast could be totally over whelmed and claimed by the ocean.

The california dropping off scenario doesnt look so unlikely when youve seen a video like this.

 

[Silverbird]

Study by utility found a roughly 10 percent chance that a tsunami could test or overrun the defenses of the Fukushima Dai-ichi plant

http://www.msnbc.msn.com/id/42325085/ns/world_news-asiapacific/

 

[Frixxxx]

Study by utility found a roughly 10 percent chance that a tsunami could test or overrun the defenses of the Fukushima Dai-ichi plant

http://www.msnbc.msn.com/id/42325085/ns/world_news-asiapacific/

Regulators (government) left it in the hands of the utility.........Another reason government is useless if it does not act.

If you assume risk, you assume the consequences (just like in investing). So you have to ask yourself over and over, Do I let the government let the companies decide, or do the governments decide for them?

I just hope they can get this under control before more people die or are harmed by this.....

And FAB1, I don't see California falling off too soon, The earthquake/volcano that does that will destroy most of the U.S. Just Sayin!:suspicious:

 

[FAB1]

And FAB1, I don't see California falling off too soon, The earthquake/volcano that does that will destroy most of the U.S. Just Sayin!:suspicious:

Maybe I said that because I read the Sillmarillion recently.