Abenomics Needs Cheap Nuclear Power to Work
Everybody knows that Japan has an energy crisis. We also know that the yen has greatly depreciated, by some 20 percent in just a few weeks.
Join the discussion below, or Read more at Bloomberg.
#1 Jun 2, 2013
No, Japan shouldnot turn its nuclear-power plants back on.
Unfortunately, the planet's living cannot suffer another Fukushima.
#2 Jun 3, 2013
You mean British Petroleum and Royal AngloShell Oil cannot afford to compete one-on-one with cheap nuclear power.
I agree. Those that see themselves as "The World", or at least its ruling elite, cannot afford such widespread use of nuclear power that it would lead to another Fukushima-level nuclear accident.
The CRUX of the current geostrategic "Pax Citium Londonicum" rests on overpriced oil as the key source of energy. Of course, The Lords aren't doing it out of their heart kindness, overpriced oil means oversized profits, but peace has its victories for everyone, Lords or serfs.
Still, for how long can the march of mankind (likely including cheapo nuclear power)be stalled?
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