3 wire cable with BWG color-coding is a lot more common, which is why it's frequently used by DIYers in wiring 230v equipment. Nobody died from that yet.
You missed everything I posted.
Where is green in the cord going into that motor?
Why is the frame tied to neutral with the wire nut like you suggested? Map that to 230V? I hope not...that makes the frame 115V hot with respect to earth on a split phase 230V.
Yes, people die from improperly grounded metal-cased outdoor/garage/pool equipment all the time. A guy in Thailand got electrocuted beating on a pump with a plumbing wrench - it was all fun and games until he broke through the paint.
People can die if they have no clue how to rewire a machine to higher voltage operation and who map neutral to L1 or L2 with a wire nut tying L1 or L2 to the machine's metal frame. Without a clearly designated ground wire and proper grounding at the plug and motor end of that designated ground wire, no rookie should attempt a rewire (not that they should, anyway). Other wiring faults can only result in smoke after that.
Kids touch stuff, if your next argument is Darwin at work.
First step - buy a new cord and grounded plug.