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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: daytradergeorge who wrote (25950)2/7/2005 2:27:55 PM
From: benwood  Read Replies (1) | Respond to of 110194
 
Remember how transitory SARS was a couple years ago and how relatively few people were infected and/or died, and how significant the impact was for several months on the Far East especially? An influenza pandemic of 1918 or greater proportions would dwarf the SARS event, and if it occurred this year I think it would trigger the real estate reversal, the debt acquisition mentality, and invasion complacency of Americans in one fell swoop. I think the layoffs from the tourism industries alone would trigger a depression, and there would be businesses going under elsewhere as well -- theater chains, public schools (closed), etc. It would be ugly.