Gulf Coast Industries Crushed By Deepwater Horizon Catastrophe

| 30 May 2010 08:51

In addition to the already worrisome environmental implications of the Deepwater Horizon oil spill, the economic implications are now starting to look serious.

We may see the military take over at some point unless BP can plug these leaks.

[video on economic impact on the gulf coast embedded below]

 

 

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avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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