Fukushima, the little plant that keeps on giving will be causing an economic nightmare in the very near future.
As highly radioactive waste and groundwater flow into the Pacific daily foods produced in areas effected will take a big hit. It won't be long until people realize that the foods from the west coast are radioactive and unfit for consumption. The resulting economic hit will be substantial, especially in the US and Japanese economies.
Wall Street is paying serious attention to Fukushima, the disaster that isn't over yet and is getting worse by the day.
"Bottom line: Cautious investors should be paying close attention to the latest scientific data concerning the ongoing risks posed by the continuing radiation leakage from Fukushima because the economic consequences could become even more tragic than they currently seem."
( from John Blume of Wall Street Sector Selector's article "Will Investors Fear the X Factor in Fukushima ")
As if this isn't enough, Hawaiian waters will be going nuclear in 2015 say the senior scientist of Union of
The Fukushima plume, the main one, will hit the western US and Hawaii by early 2014 actually.
While the ocean water might be somewhat okay now, by 2015 Hawaii's waters will be contaminated with radiation and unsafe for swimming . This is all because of Fukushima.
It is time to shut down nuclear plants until we know how to handle them safely and until they are refitted and modernized with safety features because plants are aging badly now.
There is no way to get at the molten masses that are glowing with radioactivity. Unless they are contained things will just keep getting worse for the world.
Every solution so far has proven futile or will worsen the situation. Ice was considered but it will weaken the ground causing buildings to collapse, so it is useless now.
Now a crack has been found in the stacks 200 feet above the ground and they may be more difficult to deal with than the ground water! Already it has released a high radiation dose to the area.
I will keep you updated on this.