Japan: All Reactors Off By Spring 2012 -- A Once Unthinkable Scenario

My friends,

Most interesting news from Japan!

What are the economic implications for Japan - with only 18 of their 54 reactors operating.

Paul

PS Also from Collapse net tonight.

http://www.collapsenet.com/free-resources/collapsenet-public-access/item/1378-bofa-reports-worst-ever-loss-margins-shrink

BofA reports worst ever loss, margins shrink

http://www.collapsenet.com/free-resources/collapsenet-public-access/item/1374-murdochs-legal-financial-woes-escalate

Murdoch's legal, financial woes escalate

 

http://www.collapsenet.com/free-resources/collapsenet-public-access/item/1372-japan-all-reactors-off-by-spring-2012-a-once-unthinkable-scenario

Japan: All Reactors Off By Spring 2012 -- A Once Unthinkable Scenario

photo source: (japantimes.co.jp)

As the crisis continues at the Fukushima No. 1 nuclear plant and thousands of people remain evacuated due to radiation fears, public sentiment has turned against allowing reactors idled for regular checks at power stations nationwide to be restarted...READ THE JAPANTIMES.CO.JP STORY HERE

 And the problem wouldn't be only a power shortage. Reactors that don't produce electricity are non-performing assets that weigh heavily on the utilities' balance sheets. -- Rice Farmer

 That leaves Japan with only 18 reactors functioning out of 54 for now. There is no way Japan's economy can function, let alone grow under this scenario. When all 54 in Japan shut down that will only leave about 400 to go around the world.  It's a start, but at what a cost. -- MCR

Paul de Burgh-Day  <pdeburgh@harboursat.com.au> 

Box 132 Sheffield  Tasmania 7306  Australia

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