SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (73699)5/26/2010 10:00:07 AM
From: Snowshoe  Respond to of 74559
 
These major oil spills like Exxon-Valdez and DWH are painful life-changing events for large numbers of people. There will be bankruptcies, divorces, suicides, illness, the whole gamut. And of course there will be winners amid the chaos: lawyers, consultants, suppliers, politicians, reporters, etc. It's a highly dramatic event that will go on interminably.



To: carranza2 who wrote (73699)5/26/2010 7:23:16 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 74559
 
C2, there has been plenty of video and so on and there's plenty of information to have a pretty reasonable guess as to the extent of the damage. It's easier to guess that than who is to blame.

It was funny when the cameras were roaming around looking for any hint of a problem and they came up with some bits of tar or dog poop or something.

Also, let's use words to match situations. Calamity would normally involve more than a dozen dead people. That is disaster size [barely]. Catastrophe and calamity should be reserved for something serious or we end up with grey ooze language with everything that happens at full scale deflection.

The Titanic sinking was a disaster. The Xmas day tsunami was well up the disaster scale and really into calamity territory.

A famine wiping out a million or two could be said to be catastrophic.

I know people worship swamps these days, aka wetlands, but really, a swamp is not a big deal.

The oil spill won't amount to much. Yes, it's bad for people directly affected but I bet it's only as bad as it seems.

The airliner crash in Mangalore was a much greater disaster than the well, but it hasn't had as many column inches or prime time tv.

Mass hysteria C2!! Tiny in the scheme of things.

Mqurice