Wednesday 31 October 2012

How severe was Sandy?

Looking at the utter destruction across Jersey shore and Manhattan that is now going on TV, one can only wonder how severely affected were New York / New Jersey harbors. These are extremely important harbors for US, the East Cost and the lifeline of New York metropolitan area. The costs of this storm might not be only the clean up and the recovery of infrastructure. It might be about momentum as well. How deep were and will be the cuts to New York economy? We will see...

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