Japan crisis - the worlds economic outlook?

Thrugelmir

edinburgher wrote: »

FTSE100
-88.34
5,965.10
-1.46%

Guess that change on the INES scale is really starting to bite as investors go back to panic mode?

Is a movement 1.46% a sign of panic?

A market report on the main movers would be useful.

MrEnglish

ninky wrote: »

they would have to start admitting it. with the sea water radiation the levels it is and the large exclusion zone still in effect there is no way you could argue it's not level 7.

It it is as bad as Chenobyl then will we see the dead in the millions like Chenobyl over the next few years?

Will we see bald people and children with their teeth falling out?

ninky_2

people will die from the radio active isotopes but it will be hard to prove exactly which cancers it causes.

edinburgher

Is a movement 1.46% a sign of panic?

A market report on the main movers would be useful

Maybe panic's too strong a word, but some negative sentiment is to be expected. No doubt someone can copy and paste a whole Reuters article to list them

Thrugelmir

edinburgher wrote: »

Maybe panic's too strong a word, but some negative sentiment is to be expected. No doubt someone can copy and paste a whole Reuters article to list them

A few extracts would suffice. :beer:

ninky_2

radio active isotopes in US food chain show cesium 137 in milk.

not sure about the "safe" levels. afaik there is no safe level of cesium 137 to ingest. a single isotope will continue to give off radiation that can alter dna directly to the cells it rests by for your life and beyond.

the only positive that can be thought of here are other negatives such as other chemicals in our environment can cause cancer too. not very heartening really.

http://www.squattable.com/news/040911/radiation-detected-drinking-water-13-more-us-cities-cesium-137-vermont-milk

Generali

ninky wrote: »

people will die from the radio active isotopes but it will be hard to prove exactly which cancers it causes.

How many do you think?

Generali

Thrugelmir wrote: »

A few extracts would suffice. :beer:

Miners were down on the back of bad results from Alcoa and some reports coming through from Australia that mine damage was worse than predicted after the Queensland floods.

I think it was down because individual stocks moved rather than because there was general red ink across the page. Plenty of stocks rose in price too.

edinburgher

A few extracts would suffice.

Here's one

TOKYO, April 13 (Reuters) - Tokyo shares nudged higher on Wednesday, recouping some of the previous day's losses, but the futures-led upward move on thin volume suggested the post-quake rebound has run out of steam and mid-term the market may be heading for a second bottom.

Will try and add others

vivatifosi

ninky wrote: »

people will die from the radio active isotopes but it will be hard to prove exactly which cancers it causes.

In the case of Chernobyl, the number of people who are believed to have died from cancer in the years after the explosion were extrapolated from the background rate over previous years and that's how the cancer rates (particularly thyroid due to not giving out the iodine tablets) were arrived at.

I do wonder in the case of Japan whether the picture will be more complicated as stress also causes cancer. So you have a situation where people may arguably get cancer as a result of the radiation, but also as a result of the sheer stress of seeing their houses and families washed away. It is a horrible situation and I wonder whether we are underplaying the effects of the tsunami by concentrating purely on the radiation - possibly because people think it will travel here and affect us - which the tsunami never would have.