Fukushima: A Fairy TaleMaximum pessimism. When the market is thoroughly and utterly convinced that nuclear power is dead will be when a "rip your face off" U rally lasting years and years ought to commence. The narrative progression so far, believe it or not, reads like this: Prologue. America consents to other nations like Canada and Russia taking control over domestic U.S. uranium assets. Godzilla attacks Japan! France's ginormous distressed nuke companies go to their government for help. America completely halts nuke build. Germany goes nuke-free for political reasons. America decides to phase out the nuclear fleet like Germany did to ostensibly save the planet from global warming. America is someday going to replace nukes with X power. X power will replace American nukes. China decides to scale back it's nuke program and incorporate X power into its power plan. Billionaires and China begin gobbling up U assets worldwide. Uranium miners bite the dust. When we reach the last stage look for a return to reality.