Hurricane Katrina and the Economy
Hurricane Katrina may or may not disrupt the U.S. and/or world economies, according to economists and other experts.
Some sample headlines:
- Katrina expected to disrupt economy (AP – Seattle PI)
Katrina not expected to hit US economy (MSN Australia)
Katrina may wreak havoc on world economy (The Economist – Australian)
Katrina’s big imprint on economy (CSM)
Katrina Could Swamp German Economy (Deutsche Welle)
Gas Prices Leap in Katrina’s Aftermath (AP – WaPo)
In Katrina’s wake, oil swirls to a record (Globe and Mail – Canada)
Forewarned is forearmed, after all.
cross-post to OTB-BS
Update: Jeff Quinton, Glenn Reynolds, Will Collier, and Preston Taylor Holmes report that gas prices are going up in their locales–and customer testiness along with them.
