Japan's oldest reactor is now 1000% more radioactive than yesterday.
An explosion is a possible outcome.
A meltdown of les destructive proportions is also possible.

If it explodes (and it could) it will be a fission event with more fuel than any ever detonated on earth.

IF TWO OR MORE NUCLEAR PLANTS IN JAPAN MELTDOWN BEYOND THE CONTAINMENT BUILDING:

Wind currents will disperse radioactive cesium, Iodine, Strontium, plutonium and other nasty atoms world wide.

Of the dizens if nuclear plants in Japan, currently the oldest one bulit in 1960 and finished in 1970 is in the most serious condition of being unable to cool the fuel rods which are now venting radiactive steam. Once the un-cooled water turns entirely to steam the fuel will melt and may or may not be contained in the old brittle vessel. The steel in an old plant being bombarded by protons and neutrons for decades will behave like steet that is hundreds of years old. If heated or cooled rapidly the steel will crack wide open. This N plant has no electricity to run the cooling pumps after the back up generators flooded, the back up batteries have run out hours ago.
This part is speculative but when it was reported that Russia and America are rushing "COOLANT" to Japan's N plant it may be referring to powered boroon to dump on top of the reactor to ease the risk of ...gulp detonation...the same way Russian firefighters did on Chernobyl. All the first responding firefighters who dumped the boron from helicopters died within weeks.

A second critical N plant is also having trouble cooling down.


Hillary Clinton said we are sending coolant to Japan. The airforce says they they do not know of any flights of coolant.
(Maybe we shipped it Federal Express?!)



How will a looming nuclear disaster as well as the earthquake (which pales in comparison), effect the rest of the world?

Financially only about 10 to 20% of Japan's losses are covered by insurance.

Insurance does not cover natural disasters of nuclear accidents. Even your home owners policy will say this.
The special insurance for natural and atomic accidents is sold in large part by AIG. 70% of AIG is in receivership to the taxpayers of the US. AIG would need a bail out to cover the pay outs.

Toyota and Nissan are shut down with no reopen date in mind.

Imagine buying a product from Japan you might suspect of being radioactive. Not good for business.

Hyundai will take over the Toyota market share of Toyota and Nissan for a year or more.

Japan has a current debt margin of 200% compared to the United States debt margin of 25%

After WW2 the US had a margin of 100.



The US will have to provide money and resources equivalent to what we spend in Iraq and Afghanistan every week which is about 2.5 billion.
If we are serious about saving Japan, we should consider declaring victory in Afghanistan this coming Monday and shift to help Japan. As Bush senior said "Na-gonna-doit"



If it melts but does not go critical it is difficult to ever clean up as water explodes from a deep radioactive hole in the ground. If the Zircon shield at the bottom of the reactor holds the way the 3 Mile Island Plant did, we all be very lucky indeed. Since the N plants are next to the sea. I'm sure you can see the difficulty containing the problem if it goes catastrophic.



Again if the N plants (one or more) melt down there will be more death in slow motion over decades.

There is no such thing as one possible outcome.

The outcome of a meltdown ranges from an enormous bomb event to a persistent radiation event

WHAT CAN YOU DO?
In the weeks to come please buy and take Iodine pills as directed. Stop drinking milk and cheeses made after the end of March.
Monitor/measure radioactivity in outside swimming pools.