> 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