I don't think most people really realize what the economic reprecussions of this disaster are going to be.
In about the end of 1998 the economies of several countries started to collapse along with their currencies (I believe it started with Indonesia but I'm not sure). Then it started to spread around the globe and even Europe and Japan was threatened. America was about the only country that didn't really succumb and we American consumers spend so much we literally saved the world economy from complete collapse.
But we were experiencing a bubble in our stock market that was sure to cause a serious loss to our economy once it burst(fortunately it's been 'bursting' slowly so far, but that may change after this). Now our economy has had a major hit. Even Desert Storm, which didn't really affect the U.S. much (except for higher gas prices) caused a recession. Most economic experts are predicting that now America will go into a recession. It could be even worse because the stock market bubble still has gotten done 'bursting' we face further uncertainty with relatiatory strikes, and for the first time in history Americans have negative savings. That means that Americans owe more then they have in savings as a nation.
Since the world economy is still in trouble (a currency in South America just collapsed a short while ago) this could mean a world depression worse then what happened in the 1930's (remember Orphan Annie?). Poverty always leads to unrest, crime and war.
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WendyL ~ Maranatha! 
[This message has been edited by Wendy (edited 09-14-2001).]
