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Showing posts with label exogenous variables. Show all posts
Showing posts with label exogenous variables. Show all posts

Wednesday, March 16, 2011

"Calculated risk"

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"It would be hard to describe how alarming this is right now."

That's what a high-ranking US official told ABC News about the deteriorating nuclear reactor situations at Fukushima.
The difficulties caused by the evacuations were blamed for "escalating" the chances of a meltdown.

"They need to stop pulling out people -- and step up with getting them back in the reactor to cool it. There is a recognition this is a suicide mission," the unnamed U.S. official was quoted by ABC as saying
Yes sir, those "Japs" had better step up to the plate and get crackin' on that suicide mission of theirs so that anonymous high-ranking US officials, not to mention senior samurai at US Westinghouse, may sleep a little easier.

You see, they-all do the calculating and we-all do the risking.

Brutal.