Deckard Posted March 15, 2011 Share Posted March 15, 2011 Well there sure seems to be a lot of money about Japan, they seem to have a good lifestyle. From the news footage, I seen so many homes with 2 and 3 boats parked on their drives. That's your Dubya half speaking, right? Quote Link to comment Share on other sites More sharing options...
nohpc Posted March 15, 2011 Share Posted March 15, 2011 Hello all. It's time for the sheep to be sheep and the contrarians to be contrarian. Which one are you? I know what I am Quote Link to comment Share on other sites More sharing options...
_w_ Posted March 15, 2011 Share Posted March 15, 2011 This is a good one http://jackhbarnes.com/japan-just-in-time-is-dead/ Japan: Just In Time is DEAD Just In Time has just ran into a fat tail event and has been “Denning’ed”. If you are invested in a company that relies on parts from factories in Japan, you might want to consider the implications of a national shut down that is going to last longer than expected. The nation will be down as much as 30% of its total grid capacity. Factories will need to be kept off line, until independent power is available. The meltdown and pressure release of the containment field of the #2 reactor @ plant #1 will have longer lasting implications than have been considered yet. This location will need to be sealed, much like the Chernobyl reactor was. It has reported a spike in radiation. The encapsulation process hasn’t been started yet. When Japan gets back to work, I expect a level of national rebuilding that will shock Americans when compared to the rebuilding of New Orleans, for example. BUT, this wont happen until they have been able to seal the raditation leaks at reactor #2. Any major tech company in Asia that relies on Japanese technology, produced on the mainland for sub-module’s, will have a significant period. This will impact some Chinese production of technology. Quote Link to comment Share on other sites More sharing options...
chronyx Posted March 15, 2011 Share Posted March 15, 2011 I was told today that Philips are now struggling to get hold of LED's for making replacement downlight lamps. Quote Link to comment Share on other sites More sharing options...
fellow Posted March 15, 2011 Share Posted March 15, 2011 Why have food prices fallen so dramatically? Corn, wheat, sugar down over 7%. Is it because investors are giving their stocks away to help the Japanese, or is this the most ridiculous suggestion that has ever been written on HPC? Quote Link to comment Share on other sites More sharing options...
Ah-so Posted March 15, 2011 Share Posted March 15, 2011 Generally speaking, the British sense of humour goes down like a lead balloon in Japan. They just don't get sarcasm at all. Ditto for the rest of Asia. I once told someone from Taiwan that I could play the music from Jaws on a piano. They were really impressed... . OK, perhaps I am being a bit slow, but what is so funny about being able to play the music from Jaws on a piano? Was the Taiwanese meant to laugh at this? Quote Link to comment Share on other sites More sharing options...
Alan B'Stard MP Posted March 15, 2011 Share Posted March 15, 2011 OK, perhaps I am being a bit slow, but what is so funny about being able to play the music from Jaws on a piano? Was the Taiwanese meant to laugh at this? I suspect you are validating his point ah-so. Quote Link to comment Share on other sites More sharing options...
erranta Posted March 15, 2011 Share Posted March 15, 2011 (edited) I agree. Its pretty disgusting.. But banking isnt about people. It shows how wide open to dangerous failure "just in time" systems are! I couldn't give a toss about Sony etc as they have become a bullying, monopolising, Global Greed beast! Loads of their products are now short-life, untrustworthy crap because they build them in China All it does is make a few Global Oligarchs (and already wealthy shareholders) richer, on the other hand it can easily wreck countries even a whole civilization! Think about all the foodstuffs brought into this country - with about 2 week supply for the whole population! Our leaders don't care about you - because most are extremely wealthy! Edited March 15, 2011 by erranta Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted March 15, 2011 Share Posted March 15, 2011 you do talk sh*te. Have you started on the sherry already? Did you notice all those recommendations of your friends at Moneyweek to invest in Japan of late. I hope you went with it. If you have anything useful to add I will debate with you. If you are going to continue with your childish personal attacks then you know what you can do. Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted March 15, 2011 Share Posted March 15, 2011 It shows how wide open to dangerous failure "just in time" systems are! I couldn't give a toss about Sony etc as they have become a bullying, monopolising, Global Greed beast! Loads of their products are now short-life, untrustworthy crap because they build them in China This might be because when founder Akio Morita died they replaced him with Howard Stringer an American who traded long term reputation for short term profits. Hell even Honda has fallen for this trap these days as their stuff falls apart pretty darned quick! Quote Link to comment Share on other sites More sharing options...
okaycuckoo Posted March 15, 2011 Share Posted March 15, 2011 Well there sure seems to be a lot of money about Japan, they seem to have a good lifestyle. From the news footage, I seen so many homes with 2 and 3 boats parked on their drives. Ooooh, wicked. Quote Link to comment Share on other sites More sharing options...
Sour Mash Posted March 15, 2011 Share Posted March 15, 2011 you do talk sh*te. Have you started on the sherry already? Did you notice all those recommendations of your friends at Moneyweek to invest in Japan of late. I hope you went with it. You mean they didn't predict that the largest earthquake ever to hit Japan was going to happen and the resultant Tsunami was going to devastate the Northern coastline on a massive scale plus cause a major nuclear incident with 3 reactor buildings exploding and one going on fire? Shocking lack of ability to predict natural disasters there I certainly won't be looking to them for any more geological predictions, my faith in their seismic oracleism is shattered Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted March 15, 2011 Share Posted March 15, 2011 Good point. Apart from the fact that they seem to have been recommending Japan as a "contrarian play" for years. This is merely just the latest twist. Google it and you'll see for yourself. Anyway, my point wasn't really about Moneyweek and their predicitve capabilities wrt earthquakes, it was more to do with the blind trust some have with Moneyweek. I was rather hoping they had followed the advice. more like MoneyLastWeek these days. Quote Link to comment Share on other sites More sharing options...
Ah-so Posted March 15, 2011 Share Posted March 15, 2011 dun dun - dun dun - dun dun dun dun dun dun dun dun dun dun - dun dun ... There are loads of piano versions of the Jaws theme on youtube. Still don't get it. Quote Link to comment Share on other sites More sharing options...
PricedOutNative Posted March 16, 2011 Share Posted March 16, 2011 Who can blame them for wanting to leave; I hope they give the food in their larders to their neighbors but then again I doubt such people would be that thoughtful…. Quote Link to comment Share on other sites More sharing options...
feed Posted March 16, 2011 Share Posted March 16, 2011 Just heard that the biggest concern for the automotive industry is steel Due to Kashima steel mill halting operations and power cuts effecting Tokyo production. Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted March 16, 2011 Share Posted March 16, 2011 Kamikaze bank have bet everything on the Northern Rock model. The Anime industry continues to look at things wide-eyed Quote Link to comment Share on other sites More sharing options...
Optobear Posted March 16, 2011 Share Posted March 16, 2011 Just heard that the biggest concern for the automotive industry is steel Due to Kashima steel mill halting operations and power cuts effecting Tokyo production. Power loss in Japan is going to be a serious factor too. My experience of Japan is that in the winter there is a lot of use of gas for heating (it is very cold there), but in summer the energy use domestically switches to electricity for air-con. So I'd guess that shortages of power will only get worse when the weather improves... Quote Link to comment Share on other sites More sharing options...
scottbeard Posted March 16, 2011 Share Posted March 16, 2011 Power loss in Japan is going to be a serious factor too. My experience of Japan is that in the winter there is a lot of use of gas for heating (it is very cold there), but in summer the energy use domestically switches to electricity for air-con. So I'd guess that shortages of power will only get worse when the weather improves... To be fair, the immediate problem is ensuring the people survive to summer, not future air con needs. In due course, agreed. Looking at Japan it's such an awful situation I'm afraid the selfish gene turns on and my biggest thought is the fear of what things would be like on our own crowded island in the event of a disaster of similar magnitude Quote Link to comment Share on other sites More sharing options...
Optobear Posted March 16, 2011 Share Posted March 16, 2011 To be fair, the immediate problem is ensuring the people survive to summer, not future air con needs. In due course, agreed. Looking at Japan it's such an awful situation I'm afraid the selfish gene turns on and my biggest thought is the fear of what things would be like on our own crowded island in the event of a disaster of similar magnitude Prevailing winds are out to sea, the vast majority of the Japanese people live more than 50 miles from the reactors... this is a long term cancer risk not a large scale killer before the summer. I don't think Brits would be so calm and stoical in the face of similar adversity. I am surprised at how easily situations in the UK could lead to major disruption. The fuel protests in 2000 showed how quickly the country can come to a stand still. Quote Link to comment Share on other sites More sharing options...
tinker Posted March 17, 2011 Share Posted March 17, 2011 Prevailing winds are out to sea, the vast majority of the Japanese people live more than 50 miles from the reactors... this is a long term cancer risk not a large scale killer before the summer. I don't think Brits would be so calm and stoical in the face of similar adversity. I am surprised at how easily situations in the UK could lead to major disruption. The fuel protests in 2000 showed how quickly the country can come to a stand still. The UK coping... Diana 1997 meltdown? Got to feel for the Japanese. Their stoicism and dignity is quite something. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted March 17, 2011 Share Posted March 17, 2011 http://www.nytimes.com/2011/03/17/business/global/17ports.html?_r=1&hp Japan’s vaunted “just in time” approach to business has become “wait and see.” Much of Japan’s industry seemed to remain in a state of suspension Wednesday, as the devastation from an earthquake and tsunami, combined with fear and uncertainty over the nuclear calamity, made it difficult for corporate Japan to think about business as usual. And that has left many overseas customers and trading partners in something of an information vacuum, unsure how soon the effects of any supply-chain disruptions would make themselves felt — and how long they might last. Even General Motors, a company that might seem to benefit from disruptions to Japan’s auto industry, finds itself in a period of watchful waiting. For one thing, the new Chevrolet Volt plug-in-hybrid from G.M. — whose sales could conceivably benefit from any production snags in Toyota’s popular made-in-Japan Prius — depends on a transmission from Japan. Mark L. Reuss, G.M.’s president for North American operations, said Wednesday that he did not yet know whether his company could count on an uninterrupted flow of that Volt component from Japan. “We just don’t know from a supply standpoint; there’s so many great things that come out of Japan for the whole industry,” he said, speaking to reporters after a speech at the University of Detroit Mercy. This could create a bit of a drag on the global economy. How quickly could Japanese plants switch production to outside of the country? JIT was always a bit of dangerous fad, once something serious happens the whole principle fails. Still no doubt all of those savings in the past will have resulted in a nice bonus. Quote Link to comment Share on other sites More sharing options...
sossij Posted March 17, 2011 Share Posted March 17, 2011 http://www.nytimes.com/2011/03/17/business/global/17ports.html?_r=1&hp This could create a bit of a drag on the global economy. How quickly could Japanese plants switch production to outside of the country? JIT was always a bit of dangerous fad, once something serious happens the whole principle fails. Still no doubt all of those savings in the past will have resulted in a nice bonus. More... Honda, Japan's second-biggest carmaker, has shut down until at least Monday, while Nissan said it would restart some of its production lines on Thursday and operate until supplies ran out. The British arm of the business said it was operating normally, although there are wider concerns in the industry about supply shortages. The Japanese car makers have specialised in "just-in-time" manufacturing under which supplies are kept to a minimum. Toyota said it could run Burnaston for at least six weeks without new deliveries of parts. continues at: http://www.guardian.co.uk/world/2011/mar/16/japan-earthquake-electronic-goods Quote Link to comment Share on other sites More sharing options...
Ruffneck Posted March 17, 2011 Share Posted March 17, 2011 The wonder of globalization Quote Link to comment Share on other sites More sharing options...
sossij Posted March 17, 2011 Share Posted March 17, 2011 No home. No help. No hope: Now Japan's despair turns to anger But six days later, and with it still impossible to buy a bottle of water in a city located just five hours' drive from Tokyo, people are beginning to wonder what is happening. In many cases the absence of fresh water, electricity and gas is adding to the misery. The government has offered no explanation. "It took me 10 hours to queue up to get petrol," said Ota, a 45-year-old office worker from Sendai. "And then each person was only allowed 10 litres. Nobody there was able to give me any information." Ota, who declined to give his second name, said a friend had told him that when he visited a store and bought some snacks, he was charged "100 times" the usual amount. "My friend had to buy the food," he added. "He has to live." Full article at: http://www.independent.co.uk/news/world/asia/no-home-no-help-no-hope-now-japans-despair-turns-to-anger-2244153.html My stockpile of beans doesn't seem so TFH-ish right now Quote Link to comment Share on other sites More sharing options...
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