Good post Baller.
This situation reminds me of the GFC at it's worst in Oct 2008...
The term armageddon was banded around, talks of the end of capitalism, I knew of bankers who were considering a change of careers to farmers, etc. But as we know life goes on, things settle down, the panic forgotten and maybe a few lessons learnt.
I don't believe this is any different. This disaster is unprecedented, and if any nation can pull out of this in the most efficient way, it is the Japanese. There will be a lot of heart ache over the death and destruction, and there will be lessons learnt.
Fears about nuclear power will lead to a greater respect for it and we will see better regulation and engineering. If, indeed the nuclear industry is finished as some would say, it would have been done when the atom bomb was dropped on Hiroshima, when Chernobyl happened or when Three Mile Island melted down.
For good or bad, technology cannot be undiscovered.
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Good post Baller.This situation reminds me of the GFC at it's...
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