The New York Times has a wonderful info-graphic depicting the costs of 9/11 by Shan Carter and Amanda Cox. As the author’s point out, the United States has spent an estimated $7 million for every dollar Al Qaeda spent planning and executing the attacks – approximately one-fifth of the current national debt. Notably, these…
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The Economist provides an interesting video of Robert Rubin, among a panel of finance and economics experts, participating in a simulation of what a US State financial default might look like. HT: Jeff Hummel
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