Saturday, September 03, 2005

The Economics of Port New Orleans

The near future outlook for New Orleans is grim to say the least and its current condition a sad state, indeed, to say the least. Many, including me, have said that its time for New Orleans to move on (to higher ground) where the residents will be safer and not below sea level, where flooding is a continuous threat (and now we know the terrible consequences).

I read the article here, which gave me a renewed respect for New Orleans and its past, present and future impact on trade and economics for the Midwest and all of the United States.

http://www.stratfor.com/news/archive/050903-geopolitics_katrina.php

So, how much dirt is needed to get New Orleans safely above sea level?

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