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View Full Version : Econ talk (Katrina and the big easy)


Megabyte
09-18-2005, 04:40 AM
Below is a link to my LJ account where I've posted my own (short) analysis of the effects that Katrina and the destruction of the big easy will have on the US economy.

It is NOT a solution presenting idea, or a story setup meant to individualize the tradgedy that has occured. Many people have done such things and they can do it better than I would.

This is simply an analysis of what we in the US as a whole should expect to happen economically. I do not present any solutions, just put forth likely outcomes. I don't have the answers for what to do in this disaster, I just think people should be aware of the full extent of what has happened, and what will.

Anonymous posting is allowed on there, so feel free to comment (within an extent). Please keep in mine this is my own LJ and I reserve the right to delete or block your IP from reading it if you piss me off ;) so behave.

http://www.livejournal.com/users/wowbragger/


An extremelly LARGE majority of my posts in that LJ account are blocked from public view. If there's enough response, I'll start adding other stuff into there from my other work pages, and making more posts available for public eye (there simply hasn't been a reason to do so thus far). So feel free to bookmark if you want to.

edit: FYI, this is a very short analysis. More of an outline really. If you'd like to discuss this or other topics, feel free to contact me and do so. I'll be submitting a full 30 page work on this topic next month for my econ class, so I'll still be reasearching it, and of course other issues, as time goes on.

edit2: In response to a really fast pm..yes, I know not all the sections have equal amounts of info, despite that they are all equally important. I know a lot more about the energy market due to my own involvment and research in that area for the last several years (California energy crisis anyone?). I'm working more on the agriculural end as its a bit tougher to adequetly get infor for me right now.

speaker4thedead
09-18-2005, 05:10 AM
wow why is alot of it blocked from public view?

Megabyte
09-18-2005, 05:17 AM
wow why is alot of it blocked from public view?

because it's either personal or private stuff, and I've had issues with people whom I don't care to view it attempt to.

However, I've moved my private stuff to a new LJ account, so I plan on making most, if not all, the posts open to viewing and anon posting again.

Realist
09-18-2005, 07:59 AM
I think your analysis is pretty accurate. I highly doubt this will be the impetus for finding replacements for oil though, simply because no cheaper alternatives currently exist. We'll find ways to get around the last of New Orleans. Its going to be bad, but the US economy is huge enough that we can probably absorb the loss without any substantial loss in standard of living.

Megabyte
09-18-2005, 09:03 AM
True enough, though the next 4 or 5 years will really tell.

People are just so intent on the loss of life and the city, they fail to realize that these industries are a higher priority than rebuilding the city. The agricultural shipping problem is more complex the more I read into it. I simply failed to realize the sheer amount of our economy that depends on this section of the Mississippi River.

I don't really think the oil issue will spawn any new growth in alternatives, though I do think its speed up the process of forcing us to look for one (economically speaking). Plus, increasing costs will increase support politically for research into alternative means. Who knows?