Japan’s Bonds Fall on Cost of Quake Recovery; Futures Rise as Stocks Slide

March 26, 2011

Bond futures jumped for a second day after Prime Minister Naoto Kan said the danger of further radiation leaks from a damaged nuclear power station is rising. The cost to protect against Japan’s nonpayment soared to a record and stocks tumbled as the stricken Fukushima Dai-Ichi nuclear plant was rocked by two further explosions today. The Ministry of Finance will sell 1.1 trillion yen ($13.5 billion) of 20-year bonds tomorrow.

“It remains unclear whether the stance of investors can remain the same in this difficult situation with few clues to the scale of damage” caused by the earthquake, said Keiko Onogi, a fixed-income strategist at Daiwa Securities Capital Markets Co. in Tokyo. “I’ve been looking for a positive catalyst for the auction but can find little at this moment.”  via bloomberg.com
It seems that Godzilla is getting the remake treatment yet again. Just 10 years after the latest reboot.  release in 2012. via sequelbuzz.blogspot.com
this is the real Godzilla.  As Beck noted on FOX NEWS. not a NUCLEAR meltdown, but a financial one. Japan will sell American bonds to recover. So who will buy our debt?


Looting in Japan… not what you think! You would too… DON’T LIE!

March 26, 2011
MMMM…. Beer…When a tsunami blasted through Kirin Brewery’s seaside facilities here, it tipped over giant beer-storage tanks and spread a blanket of beer bottles, barrels and other goods across the port. The beverages that spilled out were then hit a second time: by a surge of thirsty residents.  Witnesses say hundreds of people carted off beer, coffee, juice and other goods that had escaped Kirin’s massive warehouse when the tsunami waters receded. “All kinds of people came and were taking things away, they kept coming until everything was gone,” on Saturday, said Makoto Igarashi, who manages a gas station
SENDAI, Japan via online.wsj.com

Japan nuclear safety agency says aware of Chernobyl solution

March 18, 2011

Japan’s Bonds Fall
on Cost of Quake Recovery;
Futures Rise as Stocks Slide

West Coast of America

Get Well Soon Japan

Japan’s nuclear safety agency said on Friday that it was aware of the ultimate “Chernobyl solution” to contain the nuclear disaster at its quake-hit nuclear plant by covering it in sand and encasing it in concrete, but added that it was currently focusing on efforts to restore power and cool down the reactors.