The Watering Hole: Tuesday August 9th – What goes down outside the economy

FUKUSHIMA, Japan — The day after a giant tsunami set off the continuing disaster at the Fukushima Daiichi nuclear plant, thousands of residents at the nearby town of Namie gathered to evacuate. (read full story at the NYT)

This comes as no surprise at all. While we have lost track of the story during the turbulent times of non-existing governmental due diligence and the ensuing market meltdown, this story will stick with us. For hundreds, if not thousands of years. What really happened comes to light in bits and pieces now. Radiation is sky high, high enough to be lethal in the broken reactors. The goal is: Avoid making the Headline. Fact is: Great parts of Japan, including the Tokyo area have become hazardous to live in. Psssht just don’t tell the people.

If you have the time, just listen into this: There is no safe level of radiation.

This is our open thread. What’s on your mind outside of the markets today?