[lbo-talk] world stunned by US idiocy, brutality

Chuck0 chuck at mutualaid.org
Sat Sep 3 09:31:05 PDT 2005


Doug Henwood wrote:


> The conventional thinking is that disasters are bullish. There's
> government aid and insurance payments (and maybe even an easier Fed),
> which fuel rebuilding. After a brief dip, reconstruction is a stimulus.
>
> That may not work this time because of the impact on oil prices and the
> grain trade. But that's the accepted wisdom.

Right, like the info you forwarded about Halliburton.

But is there a point where the system just simply breaks? Are they just going to print more money to finance all of the reconstruction contracts?

I guess we'll see soon enough.

Chuck0



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