I know we are all hoping for the best case scenario in the Gulf oil gusher disaster. Here is a view on the worst case scenario from Mission ToHumanity.com and Business Insider.com
"Worst Case May Spill Into Economy
Unless the Gulf gusher is capped soon, the impact on the national economy could result in a double dip recession. Of particular enviro concern is the expected heavy hurricane season, which could stir up the massive muck and push it around the region. The concern is that the Gulf may be dead for a decade or more, and clean up can take that long, or longer. I hope the housing being prepared to cap the seabed leak works, for all of our sake.
http://www.businessinsider.com/david-kotok-125-billion-is-just-the-start-of-the-oil-cleanup-costs-and-a-double-dip-is-now-way-more-likely-2010-5"
- Posted using BlogPress mobile by Kathleen
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