Japan’s Nuclear Nightmare – Bloomberg 08-07-13

Salient to Investors:

William Pesek writes:

  • The nightmare for Japan is that it took Abe this long to step in to help Tokyo Electric Power to deal with tons of radioactive groundwater spilling into the Pacific Ocean.
  • Most people still have no idea how close we came to losing Tokyo in March 2011.
  • Japan’s power companies and pro-nuclear regulators, bureaucrats and researchers, pack way too much political firepower – this nuclear-industrial complex is one of Japan’s biggest advertisers, so keeps the Japanese media in line.

Read the full article at  http://www.bloomberg.com/news/2013-08-07/japan-s-nuclear-nightmare.html

Click here to receive free and immediate email alerts of the latest forecasts.