Time to panic over radiation?

It would seem so – at least in Japan. All the newspapers and government agencies relay with great confidence the amount of radioactive this-and-that that is harmful to human health. Yet, except for a few talk radio shows, no one seems to have noticed that, um, wait, maybe it’s not so bad!

Ann Coulter rummaged in the back of her capacious memory banks and found information, real, science-based information contradicting that notion.

Here are just a few grafs, though IFO recommends looking at the whole piece:

There is, however, burgeoning evidence that excess radiation operates as a sort of cancer vaccine.
As The New York Times science section reported in 2001, an increasing number of scientists believe that at some level — much higher than the minimums set by the U.S. government — radiation is good for you. “They theorize,” the Times said, that “these doses protect against cancer by activating cells’ natural defense mechanisms.”

“At some level” – that’s the key. At some level (too much or too little) water and salt will kill you.

The funny thing is that in Europe, people have long believed that radiation was good for you. They would go to caves which had high levels of radiation, and there was even a bottled water sold in the 1960s that advertised that it was slightly radioactive! Of course, we didn’t drink it, being thoroughly conditioned to believe it was all bad.

Just goes to show – everything old can become new again.

On the economic side, to IFO, this means that Japan will revive more quickly than expected and with far fewer health effects than expected. We have no idea what their level of hysterical fear may be, but the little video we referenced a few days back, tells us it may not be as high as the media would like.

On the local economic side, this whole panic-thing could be a good opportunity to look at the infamous precautionary principle: if something is bad, then it must be eradicated to the smallest measurable level, no matter what the cost. There are people who believe that one molecule of a pesticide will kill you or the little birds, and that one flake of lead paint will destroy your children. At some point, this has to stop.

There is no way on earth to guarantee absolute safety and it is foolish and dangerous to try.

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About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
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