PEN peninsula energy limited

Why I Remain a Uranium Bull, page-2

  1. 629 Posts.
    "It has also been devastating to the Japanese economy, with an additional $40 billion per year in imported fossil fuel costs."

    This gets repeated all the time, but never made much sense to me.  40B is nothing against a GDP of 4 trillion.  Couple of extra grumbly old men, but life goes on.  Divided evenly across a population of 125 million, it's $320 per year per person, and where it's an input cost, I'm sure it just gets passed onto whichever countries buy their products.  A trivial price to pay to ward off Gojira.

    https://en.wikipedia.org/wiki/Economy_of_Japan
 
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