http://www.marketwatch.com/story/japans-last-operating-reactor-to-go-offline-2012-05-05
Don’t think this will last, but neither do I think all 50 will ever come back online. And the important thing is, the tests will be closely monitored by international agencies from now on, considering the plumages detected over Korea, china, the USA and even Australia since 3/11…
Fingers crossed, and the state of the yen, at least, seems to indicate favourable global opinion.
Ziv Nakajima-Magen | Nippon Tradings International (NTI)
http://www.nippontradings.com
Email Me | Phone MeZiv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific @ NTI - Japan Real-Estate Investment Property
Japan’s now firmly wedged itself between a rock and a hard place. Energy wise it’s barely meeting it’s day to day needs. That effectively hamstrings industry for the next decade or two if they start now with replacement energy production systems.
Japan’s GDP growth has gone negative again, however, its growth over the last 2 decades has been anemic to say the least.
Japan has kept inflation low for decades but with insane printing to keep the Yen competitive one has to ask how long they can hold this together.
Japans ToT have been on the decline for years. A sigh their economy is burdened with too much debt. They’ve now started to run trade deficits which is a bad sign.
The saving grace to trade deficits is their Current Account is still in surplus.
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Japan is considered to be one of the more fragile sovereigns struggling with astronomical debt loads far in excess of the PIIGS. Last count govt debt was around 200% GDP and total debt 512%. Mind boggling. So if you throw the nuclear power issue into the mix along with a GFC v2 just down the road things don’t look too rosey for the Land of the Rising Sun
Hi Freckle,
I love your comments and input on this site ! !
I'm just curious as to why some of the other site members are so argumentative with you ?
What's all that about ? ?
Dubstep wrote:Hi Freckle,
I love your comments and input on this site ! !
I'm just curious as to why some of the other site members are so argumentative with you ?
What's all that about ? ?
I’m contrarian.. goes with the neighborhood, however most of the guys here are great to debate with. Funny thing is most of us don’t really disagree with each other in a general sense.
But PI’s are sensitive to negative publicity. I hurt their feelings every now and then
Freckle wrote:I’m contrarian.. goes with the neighborhood, however most of the guys here are great to debate with. Funny thing is most of us don’t really disagree with each other in a general sense.I actually tend to agree with most of what the freckle writes
case in point, %100 correcto-mundo- and exactly what the current PM is trying to make the pollies see, exerting all the political and business leverage he can muster to pull BOJ along, and undoubtedly damaging his own ratings in the process, to try and implement the IMF’s recommendations. Getting over addictions (to power, technology, debt or low inflation, you name it) hurts, but is exactly what Japan needs (not that I suspect Noda of any humanitarian motives or what, but he’s heading in the right direction)…Hopefully the well-needed proposed increase in migration quotas will also help to steer things towards a relative plateau or at least less pronounced decline- otherwise the worlds’ 3rd largest economy will be nothing of the sort. A stroll through Tokyo around Xmas though, shows that in the area of power consumption, at least, the penny hasn’t dropped. The annual “my 50,000,000 watt 300 meter high Xmas tree is bigger than yours” contest is still in full force, and the masses are still flocking to bask in their neon warmths. Maybe when the blackouts start?
Ziv Nakajima-Magen | Nippon Tradings International (NTI)
http://www.nippontradings.com
Email Me | Phone MeZiv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific @ NTI - Japan Real-Estate Investment Property
zmagen wrote:I actually tend to agree with most of what the freckle writesSteady on mate. I’ll have to start a fan club at this rate.
The nation, meanwhile, seems to be gritting its teeth and preparing to battle the shortages out.
We'll see how that one goes.Ziv Nakajima-Magen | Nippon Tradings International (NTI)
http://www.nippontradings.com
Email Me | Phone MeZiv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific @ NTI - Japan Real-Estate Investment Property
zmagen wrote:http://www.japantoday.com/category/national/view/japan-braces-for-severe-power-shortages?utm_campaign=jt_newsletter&utm_medium=email&utm_source=jt_newsletter_2012-05-08_AMThe nation, meanwhile, seems to be gritting its teeth and preparing to battle the shortages out.
We'll see how that one goes.I read somewhere recently that a simple way to deal with power usage was to limit media entertainment. Up until the mid 60’s (NZ & Aus) pubs used to shut at 6pm and TV knocked off at 10pm. Great for energy usage but hard on the birth rate.
I hope I'm wrong, but I see the Japanese warming up with blankets and sleeping bags and eating cold noodles far before they'll "limit media entertainment".
Ziv Nakajima-Magen | Nippon Tradings International (NTI)
http://www.nippontradings.com
Email Me | Phone MeZiv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific @ NTI - Japan Real-Estate Investment Property
decentralized power is perfect for a country like japan
Germany has followed suit after fukushima and has promised to shut down
new-clear power
case in point, %100 correcto-mundo- and exactly what the current PM is trying to make the pollies see, exerting all the political and business leverage he can muster to pull BOJ along, and undoubtedly damaging his own ratings in the process, to try and implement the IMF’s recommendations. Getting over addictions (to power, technology, debt or low inflation, you name it) hurts, but is exactly what Japan needs (not that I suspect Noda of any humanitarian motives or what, but he’s heading in the right direction)…
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