Archive for April 1st, 2011

Good Economic Numbers? Don’t Be Fooled By The Financial Sugar High

Good Economic Numbers? Don’t Be Fooled By The Financial Sugar High

The U.S. financial system is like a junkie that needs continually increasing amounts of "junk" to get the same "buzz".  So what is the U.S. financial system addicted to?  It is addicted to money and debt.  For many years, whenever the Federal Reserve would lower interest rates or the U.S government would borrow and...
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ISIS: Crisis at Fukushima Daiichi Nuclear Power Station at Level 6

ISIS: Crisis at Fukushima Daiichi Nuclear Power Station at Level 6

During the crisis at the Fukushima nuclear power reactors following the earthquake and tsunami on March 11, 2011, the Japanese Safety Authority issued ratings for the accident on the International Nuclear Events Scale (INES).  Initially, it stated that the incident was a level 4, but it subsequently raised the levels assigned to each reactor,...
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Nuclear Disaster at Fukushima was Preventable

Nuclear Disaster at Fukushima was Preventable

The flooding of New Orleans after Hurricane Katrina, BP’s Deepwater Horizon spill in the Gulf of Mexico and Japan’s current nuclear crisis have similarities in common. While most of Japan’s well-designed infrastructure performed well, the failures in the Fukushima-Daiichi nuclear complex are indicative of problems that are increasingly common in today’s complex and compartmentalized...
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