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| subject: | Re: And now for something completely different |
From: "Robert Comer"
I actually agree with you Adam
However, the recovery has been slowed way down by the fear of other
attacks. (and a possible war in Iraq and now North Korea.)
Sure, we were headed towards the problems long before 9/11, but the US at
least would have recovered far faster...
- Bob Comer
"Adam Flinton" wrote in message
news:3e0c2c73{at}w3.nls.net...
>
> "Geo." wrote in message
news:3e0b07e5$1{at}w3.nls.net...
> > "Adam Flinton" wrote in message
> > news:3e0ae904{at}w3.nls.net...
> >
> > > No not next to... go live **under** the sea. The North Sea Oil wells
are
> > not
> > > next to the sea they are way down under it.
> > >
> > > What is more you'd be living under a cold rough sea.
> >
> > I still maintain that it's totally different. As just one example, bring
> up
> > a drillbit from the ocean floor and nobody is worried about getting
> > contaminated by touching it.
> >
>
> &? No equipment ever leaves a diamond mine either. No Diggers, drills,
> trucks etc. If it can't be fixed it's dumped.
>
>
> > > OK but relative to the real economy it was 2 buildings
coming down &
a
> > > small number of firms stopping trading (most only temporarily)
> >
> > If you have a well cared for lawn, and right in the middle of a drought
> you
> > stop watering it for a couple weeks or a month, what happens? Forget the
> > buildings, they are easily replaced, it's the people lost that made the
> > difference.
> >
>
> Again not that many people. Sorry but 3K people isn't all that many when
> stacked up against death rates for car crashes, putting on socks etc.etc.
> It's certainly not enough to cause a recession. The shock of it + various
> mini effects (inc Enron, WoldCom et al) may have woken people up to the
> economic facts of life but you can't blame 9-11 for the massively inflated
> share prices & a slump in corporate demand.
>
> Adam
>
>
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