Friday, December 31, 2004

Cost of catastrophe

People have been hesitant to discuss financial matters regarding the devastating Tsunami. Both online and off. That appears to have changed.

"There is no clear correlation between the magnitude of disasters in terms of loss of life covered and the damage in financial terms,"

Here
and here.
i would not have guessed that one major economic issue from this catastrophe would be chickens and eggs... prices are soaring??? Indiatimes has it all.

Catastrophe: (according to Dictionary.com) 4: A sudden violent change in the earth's surface; a cataclysm. Yeah, that fits.

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