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.