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Facebook, Inc. (FB) Message Board

  • short_flopbook short_flopbook Oct 30, 2012 12:14 PM Flag

    How do you think people are going to pay for the destruction??

    By selling their stock..

    Sentiment: Strong Sell

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    • More spendings, that's good for the economy?

      Insurance or not, it's not a problem for wealthy people, and poors will have to spend their little savings, so less "sleeping money"! It will be hard for some, but not for the economy as a whole.

      And for FB, think about it: when the market is about to plunge, they close it! FB should be down these days. But they closed WS... Now, do they really NEEDED to close US stock markets ?

    • Hurricaines are good for the economy Most have insurance. Hardware and furniture stores go crazy. FEMA spreads money.

      • 1 Reply to zelkid
      • Google: Are hurricaines good for the economy and be surprised.

        As the East Coast prepares for the onslaught of Hurricane Sandy, some economists are predicting that widespread destruction might actually be a boon to the economy.

        Dr. Peter Morici, a professor at the Smith School of Business at the University of Maryland and former chief economist at the U.S. International Trade Commission, wrote in a blog post at (can't show url)that although the hurricane might cause as much as $45 billion in damages, the economic gains for the construction industry might leave the economy better off than before.

        “Disasters can give the ailing construction sector a boost, and unleash smart reinvestment that actually improves stricken areas and the lives of those that survive intact,” he wrote

    • just facebook stock?

    • A lot of people lost their homes last night. Or at least their homes are severely damaged, among other property damage.

93.24+0.77(+0.83%)Oct 9 4:00 PMEDT