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kleinbl00  ·  2416 days ago  ·  link  ·    ·  parent  ·  post: FEMA will run out of money... *tomorrow.*

One of the newsletters I get said something like "natural disasters are terrible for the economy but great for GDP."

EDIT: Found it.

    Reader Craig Pierce of Corpus Christi kindly sent me a Morgan Stanley report on this topic. I thought its first sentence was unintentionally hilarious:

    Natural disasters are never good for the economy, but they can cause a temporary increase to GDP.