Huge earthquake..Japan

Moderators: Elvis, DrVolin, Jeff

Re: Huge earthquake..Japan

Postby wintler2 » Sun Mar 13, 2011 8:25 am

tazmic wrote:[size=80]
wintler2 wrote:Of course you're certain there is no link, no room for doubt or reflection, because you're an expert in all the related fields of geology, glaciology, geomorphology, plate tectonics, climate, ...

Why, of course wintler. How else could anyone possibly be in a position to recognise the stupidity of those tweets?

A little research would have been sufficient, something habitual AGW-deniers such as yourself never bother with. And you're calling other people stupid? :roll:


wintler2 wrote:Tell me tazmic, what evidence did you use to disregard the research to date on the links between climate change and seismic activity?

tazmic wrote:What evidence did you use to come to this conclusion?

Your post, which put-down others for drawing a link that many reputable scientists think is worth examination.

Again, on what evidence do you dismiss them?

tazmic wrote:Or did you perhaps, much like the tweeters, simply fit me into your favourite model?

You are so far from my favourite model i think the showroom is in another galaxy.
"Wintler2, you are a disgusting example of a human being, the worst kind in existence on God's Earth. This is not just my personal judgement.." BenD

Research question: are all god botherers authoritarians?
User avatar
wintler2
 
Posts: 2884
Joined: Sun Nov 12, 2006 3:43 am
Location: Inland SE Aus.
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby 23 » Sun Mar 13, 2011 10:20 am

http://www.smh.com.au/environment/monst ... 1bt2p.html
Monster aftershock could strike within days

NORTH-EASTERN Japan can expect another monster earthquake large enough to trigger a tsunami within days, the head of the Australian Seismological Centre says.

The director, Kevin McCue, said there had been more than 100 smaller quakes since Friday, but a larger aftershock was likely.

''Normally they happen within days,'' he said. ''The rule of thumb is that you would expect the main aftershock to be one magnitude smaller than the main shock, so you would be expecting a 7.9.

''That's a monster again in its own right that is capable of producing a tsunami and more damage.''

The Japanese quake was the result of a process called thrust faulting. A piece of the Earth's crust broke away at the juncture of the Eurasian and Pacific plates and was thrust underneath the islands of Honshu and Hokkaido.

The US Geological Survey estimated the quake moved the Japanese coast about 2.4 metres.

''It basically pushed the sea floor up and down on opposite sides of the fault by 10 metres, causing the tsunami,'' Dr McCue said. ''It is a sudden rupture that has occurred, but it has occurred because the two plates are converging at about eight centimetres a year and have been for about 100 years. That eight metres is released suddenly when the plate snaps and breaks and produces the earthquake.''

Japan's last earthquake on this scale was in 1923, when the magnitude 7.9 Kanto quake killed more than 100,000 people in and around Tokyo and Yokohama.

The latest Japanese disaster is unrelated to the quake that devastated Christchurch last month, which was caused by a fracturing within the Pacific plate.

A seismology research fellow at the University of Melbourne, Gary Gibson, said the world averages one magnitude 8 quake a year, but the rate was inconsistent. The 1980s and 1990s had far fewer large quakes than average, for example.

''There is more variation than you would expect from a random occurrence of earthquakes, and we really don't have a mechanism to describe why that is the case,'' Dr Gibson said. ''But there is no question that the last two years have been very active and well above average.''

Dr McCue dismissed suggestions that melting glaciers due to global warming could escalate the earthquake risk.
"Once you label me, you negate me." — Soren Kierkegaard
User avatar
23
 
Posts: 1548
Joined: Fri Oct 02, 2009 10:57 pm
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby swindled69 » Sun Mar 13, 2011 10:30 am

Regardless which side of the line you fall on as it pertains to the why/how and when's of the process which is clearly happening on this Earth, It's happening.

If you can't get past the many bullshit reasons why it is happening and focus that it IS happening then you deserve to die because you are missing the point entirely and will carry over that delusional thought process that infects this Human Species so terminally.
User avatar
swindled69
 
Posts: 127
Joined: Sat Feb 06, 2010 12:04 am
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby annie aronburg » Sun Mar 13, 2011 1:22 pm

Swindled69, who exactly are you saying deserves to die?
"O Oysters," said the Carpenter,
"You've had a pleasant run!
Shall we be trotting home again?'
But answer came there none--
And this was scarcely odd, because
They'd eaten every one.
User avatar
annie aronburg
 
Posts: 1406
Joined: Fri Oct 19, 2007 8:57 pm
Location: Smokanagan
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby ninakat » Sun Mar 13, 2011 2:22 pm

User avatar
ninakat
 
Posts: 2904
Joined: Tue Nov 07, 2006 1:38 pm
Location: "Nothing he's got he really needs."
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby Laodicean » Sun Mar 13, 2011 6:10 pm

User avatar
Laodicean
 
Posts: 3556
Joined: Wed Jan 27, 2010 9:39 pm
Blog: View Blog (16)

Re: Huge earthquake..Japan

Postby 23 » Sun Mar 13, 2011 8:58 pm

http://www.reuters.com/article/2011/03/ ... 1H20110313
Japan brings money home to rebuild

(Reuters) - Shaken by the prospect of nuclear meltdown after a devastating earthquake and tsunami, Japanese investors will dump overseas assets on Monday and bring their money home to help finance reconstruction.

Positioning for this could send the dollar plummeting versus the yen on Monday and lead to a sharp slide in Treasuries since U.S. government bonds are a favorite asset of Japanese investors, market analysts said.

Stocks also are likely to come under pressure.

Japanese insurers will probably sell some of their most liquid foreign assets such as U.S. Treasuries so they can respond to the worst disaster since World War Two.

The crisis could lead to insured losses of nearly $35 billion, risk modeling company AIR Worldwide said, making it one of the most expensive disasters in history and nearly as much as the entire worldwide catastrophe loss for the global insurance industry.

Traders braced for just such an outcome on Friday, when the yen surged and Treasuries fell. The Bank of Japan probably will add money to the system to limit the liquidation of assets. But the big question remains of how much follow-through selling is yet to come.

Dan Fuss, the vice chairman of $150 billion Loomis Sayles, told Reuters on Sunday that his best guess is that Treasuries will continue to see losses.

Because Japan is the second-biggest holder of U.S. government debt and they have nearly $900 billion in dollar reserves, Fuss said Japan will likely use reserves for rebuilding.

"A big buyer of bonds is taken out of the market," Fuss said, adding that Japan "will be less able to add to their reserves and less able to buy Treasuries."

TAKING STOCK

Japan's crisis may also provide a new reason to press on with the long-awaited retreat in stocks.

A lot will depend on the price of oil, which fell on Friday on concern that the Japanese earthquake would hit global economic sentiment. It came off recent highs reached on the revolts in North Africa and the Middle East, but upheaval in the region over the weekend continued -- notably with a protest in Saudi Arabia.

Investors will also engage in the grim exercise of determining which companies will benefit from helping the world's third largest economy rebuild.

"You could expect to see industrial infrastructure companies do better. As for the overall markets, I don't see it having any long-term negative impact," said Paul Hickey, co-founder of Bespoke Investment Group.

"I remember after the last big tsunami in Indonesia there was a widespread view that it would be devastating, but there were no big impacts. Granted this is a much more developed region and certain insurance companies will have bigger exposure than others but outside of that region business will continue to go on."

Equities have generally remained relatively resilient amid a wide range of risk factors in recent weeks. World stocks .MIWD00000PUS have come off highs, but are still clinging to year-to-date gains, thanks primarily to the developed markets.

Prime Minister Naoto Kan described the crisis as Japan's worst since 1945, as officials confirmed that three nuclear reactors were at risk of overheating, raising fears of an uncontrolled radiation leak.

The disaster may also put some pressure on the Bank of Japan, which said it was cutting short its upcoming two-day meeting to just Monday.

It can do little with rates per se, even if it wanted to, because the current target is just 0.05 percent. It has, however, promised to ensure market stability.

FIGHTING YEN STRENGTH

Many expect the Bank of Japan to pump even more liquidity into the system, and for the government to try to fight any rise in the yen. A strong yen would add to the economic woes of export-dependent Japan as it struggles to recover from the disaster.

"I believe we have reached a critical point where the disaster is so severe the BOJ will engineer liquidity mechanisms that will reduce the likelihood of forced selling in the Treasury market," said Christian Cooper, head of U.S. dollar derivatives trading at Jefferies & Co. in New York.

Even if the BOJ does undertake massive liquidity injections, an action expected before the U.S. Treasury market opens on Monday, most analysts still expect to see further selling pressure on U.S. Treasuries, at least initially.

Japan's stock market, meanwhile, has been something of a favorite with global investors this year. The broad TOPIX index was up more than 8.5 percent for the year in mid-February before the recent pullback and Friday's quake-related sell-off.

Analysts suggested that companies based in and around the main damage area could suffer losses on Monday but that construction firms would get a boost.

Electronics giant Sony Corp (6758.T) has suspended operations at eight factories. Nissan Motor (7201.T) halted output at all four of its domestic a assembly factories and said restarting them could depend on whether it can get parts.

Losses could be limited though. Financial markets bounced back fairly quickly after the 1995 quake that devastated Kobe and caused $100 billion in damage.
"Once you label me, you negate me." — Soren Kierkegaard
User avatar
23
 
Posts: 1548
Joined: Fri Oct 02, 2009 10:57 pm
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby vanlose kid » Sun Mar 13, 2011 9:26 pm

23 wrote:http://www.reuters.com/article/2011/03/13/us-markets-weekahead-idUSTRE72A31H20110313
Japan brings money home to rebuild

(Reuters) - Shaken by the prospect of nuclear meltdown after a devastating earthquake and tsunami, Japanese investors will dump overseas assets on Monday and bring their money home to help finance reconstruction.

Positioning for this could send the dollar plummeting versus the yen on Monday and lead to a sharp slide in Treasuries since U.S. government bonds are a favorite asset of Japanese investors, market analysts said.

Stocks also are likely to come under pressure.

...


earthquake/tsunami of epic proportions.

*
"Teach them to think. Work against the government." – Wittgenstein.
User avatar
vanlose kid
 
Posts: 3182
Joined: Wed Oct 17, 2007 7:44 pm
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby freemason9 » Sun Mar 13, 2011 9:40 pm

this is human tragedy of epic proportions.

pray for the japanese.
The real issue is that there is extremely low likelihood that the speculations of the untrained, on a topic almost pathologically riddled by dynamic considerations and feedback effects, will offer anything new.
User avatar
freemason9
 
Posts: 1701
Joined: Wed Sep 05, 2007 9:07 pm
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby 23 » Sun Mar 13, 2011 10:17 pm

"Once you label me, you negate me." — Soren Kierkegaard
User avatar
23
 
Posts: 1548
Joined: Fri Oct 02, 2009 10:57 pm
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby seemslikeadream » Sun Mar 13, 2011 10:36 pm

Last edited by seemslikeadream on Sun Mar 13, 2011 10:39 pm, edited 1 time in total.
Mazars and Deutsche Bank could have ended this nightmare before it started.
They could still get him out of office.
But instead, they want mass death.
Don’t forget that.
User avatar
seemslikeadream
 
Posts: 32090
Joined: Wed Apr 27, 2005 11:28 pm
Location: into the black
Blog: View Blog (83)

Re: Huge earthquake..Japan

Postby eyeno » Sun Mar 13, 2011 10:38 pm

Fox news reporting that another tsunami is on the way. Nine foot wave. Details are sketchy but they believe if another tsunami is coming that it was caused by a land slide. This was reported by japanese soldiers.

And another hydrogen explosion at the nuclear plant.


**on edit: new tsunami warning appears to be a false alarm
User avatar
eyeno
 
Posts: 1878
Joined: Wed Nov 24, 2010 5:22 pm
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby 23 » Sun Mar 13, 2011 11:29 pm

"Once you label me, you negate me." — Soren Kierkegaard
User avatar
23
 
Posts: 1548
Joined: Fri Oct 02, 2009 10:57 pm
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby Luther Blissett » Mon Mar 14, 2011 12:10 am

I feel that RI is usually very skilled at predicting events through rigorous analysis, pressing of information, and discourse. With this event, I feel that we all are experiencing so much shock and information overload that it is difficult. This event, as a (most likely) (largely) natural disaster, also seemed to occur without our thorough discussions and theoreticising...but beyond my shock, my question is: what will this mean for the socioeconomic future of Japan? We all know that it is a society with a low birthrate and with an ever-advancing median age. I'm used to seeing posts by members here with expertise in this area providing analysis...but like I said, perhaps we're all just experiencing a little more information overload than normal.

I don't want this to come off as insensitive in any way; there's always value in understanding and exploring all potential outcomes of a given scenario and it's something we're good at.
The Rich and the Corporate remain in their hundred-year fever visions of Bolsheviks taking their stuff - JackRiddler
User avatar
Luther Blissett
 
Posts: 4994
Joined: Fri Jan 02, 2009 1:31 pm
Location: Philadelphia
Blog: View Blog (0)

Re: Huge earthquake..Japan

Postby ninakat » Mon Mar 14, 2011 12:59 am

Luther, count me as one of the too-overwhelmed-to-think-clearly-right-now people. I cannot see how, given the last 20 or so years of Japan's financial crisis, they can possibly return to business-as-usual, much less recover, given the scope of this disaster. Kevin at Cryptogon posted some thoughts, and I concur with his biggest concerns about diminished electricity capacity in Japan, and it's already growing reliance on food imports.

Implications of Japanese Earthquake
http://cryptogon.com/?p=21078
User avatar
ninakat
 
Posts: 2904
Joined: Tue Nov 07, 2006 1:38 pm
Location: "Nothing he's got he really needs."
Blog: View Blog (0)

PreviousNext

Return to General Discussion

Who is online

Users browsing this forum: No registered users and 3 guests