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re: Are natural disasters good for the economy?
Posted on 8/20/16 at 6:28 pm to TypoKnig
Posted on 8/20/16 at 6:28 pm to TypoKnig
destruction of assets is never good for an economy
they can be replaced by new assets but the equity in those assets is gone
sadly, those with full ownership of those destroyed assets will be the worst off
they can be replaced by new assets but the equity in those assets is gone
sadly, those with full ownership of those destroyed assets will be the worst off
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