Project

September 11 set upons

Economic, Financial and Policy Consequences

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ASE,COMERCE
First Year,312
STRUCTURE
unknown Affairs
Some of the major effects:
* A push toward recession
* maturation risk aversion
* Mixed impact on business investment
* The micro-economic level
* redress liability
* Spike in defense spending
* Manhattan reconstruction
* Fixed-income grocery stores
* The dollar
* Policy consequences
The USA & angstrom unit; UE
USA in present

Foreign Affairs

The United States is the victim of the largest sharpshoot on one of its states in American history.



Hawaii was non a state, but just now a territory, when the Japanese navy attacked Pearl Harbor. Like December 7, 1941, this date, the eleventh of September, sixty geezerhood later, ordain also live in infamy.
The terrorist attack will have far-reaching geopolitical consequences. It will also have a significant impact on the US economy, the financial markets, and the humanity economic outlook.

Some of the major effects

A push toward recession

The attack comes at a time when the US economy has been only barely averting a recession, and the US stock market has been shaky. It will have a crushing impact on consumer confidence. Retail sales will be badly infract in the short run. In this connection, it is instructive to look fanny to past tragedies: the Oklahoma City bombing, the original World administer Center bombing in 1993, and the assassination of President Kennedy in 1963. In each case, there was a short, sharp abbreviation in either overall consumption or in purchases of autos and other high-priced consumption goods.

Growing risk aversion
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