Japan crashing: what's the future for Australia?

[Glen48]

Japan Nuclear night mare continue with talk of evacuating Tokyo, Japan is a big importer of Aussie Coal and Gas but if the place tanks then what.

http://www.chrismartenson.com/blog/japan-another-spinning-plate-global-economy-circus/72033

 

[basilio]

That is one hell of a story. As the article points out reducing Japans power supply by 30% by closing down all nuclear power stations will stifle the economy.

Very serious questions and I am surprised this hasn't been pickd up by other financial analysts.

 

[skc]

Here's a slightly more recognised source.

Japan will have just two of 54 nuclear power reactors after the closing of another reactor for safety checks.

http://abcasiapacificnews.com/stories/201202/3435417.htm?desktop

Thankfully Japan can print its own monopoly money to buy real hard assets like energy.

And the yen is a risk-off currency... Sometimes the world is more ridiculous than we can fathom.

 

[wayneL]

...Sometimes the world is more ridiculous than we can fathom.

Indeed!

 

[Starcraftmazter]

Japan Nuclear night mare continue with talk of evacuating Tokyo, Japan is a big importer of Aussie Coal and Gas but if the place tanks then what.

http://www.chrismartenson.com/blog/japan-another-spinning-plate-global-economy-circus/72033

That was during the crisis back when it happened last year - not at this point in time.

Just thought I'd make that distinction clear.

 

[Lantern]

They are gearing up to go solar.

http://online.wsj.com/article/SB10001424052970204276304577262781511394776.html#

Australia is getting left behind thanks to our useless politicians.

 

[sptrawler]

They are gearing up to go solar.

http://online.wsj.com/article/SB10001424052970204276304577262781511394776.html#

Australia is getting left behind thanks to our useless politicians.

Don't be ridiculous. We can't go solar with 24m people, how the hell do you think Japan can with 127m.
Come to that it isn't even feasable for an individual household to go solar.

 

[Lantern]

Don't be ridiculous. We can't go solar with 24m people, how the hell do you think Japan can with 127m.
Come to that it isn't even feasable for an individual household to go solar.

Love the sarcasm