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Crazy thought...


               
2010 Jun 27, 2:59pm   3,127 views  10 comments

by Shiller   follow (0)  

This BP oil spill is getting out of control. There are reports that the Gulf now contain highly toxic chemicals (corexit, etc.) that will force many people to evacuate the Eastern side of the North American continent. As you know, hurricanes usually passes through the Gulf and up the East coast up to NY and Canada. This can possibly lead to total destruction if toxic rain is dumped all along the East coast.

If this disaster gets as bad as I hear it will and leads to massive evacuations, do you think this will help the Western part of the US housing market recover?

#housing

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8   inflection point   @   2010 Jun 29, 7:31am  

Perhaps the gulf coast looks fine from Obama's hosue in the DC.

10   inflection point   @   2010 Jun 30, 9:51am  

Highly doubtful. If they were going to evacuate people why not send them to texas.

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