Next terrorist attack could sink US economy
04/15/05
The next major terrorist attack on the U.S. could plunge our economy into deep recession from which it may take years to recover. That's the disturbing, but all too believable conclusion of Robert D. Hormats, Managing Director of Goldman, Sachs. Hormats argues that in 2005, the U.S. economy is much more vulnerable to disruption from a terrorist attack than it was before 9/11. In 2001, the federal budget was running a large surplus. Today it is running a huge deficit. In addition, the U.S. is spending large amounts of money on war in Afghanistan and Iraq, homeland defense, and other security-related activities...
http://www.isil.org/towards-liberty/attack-could-sink.html
from International Society for Individual Liberty, by Jarret Wollstein
Informant: Thomas L. Knapp
The next major terrorist attack on the U.S. could plunge our economy into deep recession from which it may take years to recover. That's the disturbing, but all too believable conclusion of Robert D. Hormats, Managing Director of Goldman, Sachs. Hormats argues that in 2005, the U.S. economy is much more vulnerable to disruption from a terrorist attack than it was before 9/11. In 2001, the federal budget was running a large surplus. Today it is running a huge deficit. In addition, the U.S. is spending large amounts of money on war in Afghanistan and Iraq, homeland defense, and other security-related activities...
http://www.isil.org/towards-liberty/attack-could-sink.html
from International Society for Individual Liberty, by Jarret Wollstein
Informant: Thomas L. Knapp
Starmail - 18. Apr, 15:26
