‘Tsunami an Economic Disaster? Not Necessarily’

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I was right:

The natural disaster of a tsunami could actually provide a temporary boost to the global economy.

Larry Summers, former director of President Obama’s economic council and a former head of the World Bank, said rebuilding could temporarily boost the Japanese economy.

More (if you can stand it), here.

Bastiat weeps time and time again.

2:46 pm on March 11, 2011