Comments on: Will Hurricane Irene be a black swan for the U.S. economy?

By: 321anonymous123

321anonymous123 — Fri, 26 Aug 2011 15:11:37 +0000

The economy should not be the main concern here, we should be focused on preparing. Our lives, homes, and families are in danger. We always worry about the economy, we know this storm could potentially be a huge downfall, but that’s not the issue right now. We need to make sure we are safe until the hurricane is over. The economy should be the least of our concern. Don’t you just love how people are more worried about money than their lives?

By: Elektrobahn

Elektrobahn — Fri, 26 Aug 2011 12:56:53 +0000

Perhaps, might, could…speculative rubbish.

By: DocMerlin

DocMerlin — Fri, 26 Aug 2011 00:02:04 +0000

A whole row of black swans lately. Its a flock-a-lypse.

By: Aluminizer

Aluminizer — Thu, 25 Aug 2011 23:16:58 +0000

If there are severe damages it is going to be a disaster. People who can not cover their deductibles and are under water in their mortgage will find it convenient to walk away and leave the property deserted. A very wide swath of the mid Atlantic and North East will end up blighted with these abandoned properties. What you see now is only going to get worse and the jobs that would be created for repairs will be far fewer than what you see in normal times. Cash flow is the issue and there is no cash to flow.

By: wooga

wooga — Thu, 25 Aug 2011 22:44:22 +0000

Paul Krugman assures me that natural disasters are good for the economy, because the window companies have to hire more people to replace all those broken windows.

By: corncat

corncat — Thu, 25 Aug 2011 22:06:31 +0000

Wait….. according to Paul Krugmann, a big, money-pit disaster si *exactly* what we need to cause a recovery.

By: Elihu

Elihu — Thu, 25 Aug 2011 21:34:34 +0000

If the people of this country would stop living as if God does not exist, maybe He would lighten up on the increasing judgments. They won’t, they’d rather rebel and live as ‘each feels right in his own sight’, so these storms, earthquakes, etc., will continue to wax worse and worse…