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Posts by "cat0nip"
1999
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72 Posts by Anonymous "cat0nip":
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cat0nip
Germany
Posted Anonymously
13 years ago
Mar 12, 2011 17:53
In Thread: EUR
Could be the terrible disaster in Japan could leads to massive repatriation of JPY that could weaken USD and bolster both EUR and CHF. This is more important than Euro stabilisation conference.
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cat0nip
Germany
Posted Anonymously
13 years ago
Mar 11, 2011 21:10
In Thread: JPY
grave concerns about the Fukushima nuclear plant . The primary cooling system relies on batteries which lst for 8 hours. Main cooling failed due to loss of electric grid mains power, backup cooling as the diesel egines were knocked out by the earthquake . It is a very dangerous situation for Japan. Although the reactors were immediately turned off, it needs 48 hours of cooling. the storage pool for highly radioactive irradiated nuclear fuel is also at risk as it requires permanent cooling.
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