emazur
05-03-2011, 12:12 PM
http://www.washingtonpost.com/blogs/ezra-klein/post/bin-ladens-war-against-the-us-economy/2011/04/27/AFDOPjfF_blog.html
For bin Laden, in other words, success was not to be measured in body counts. It was to be measured in deficits, in borrowing costs, in investments we weren’t able to make in our country’s continued economic strength. And by those measures, bin Laden landed a lot of blows.
And don’t forget the indirect costs of all this turmoil... That decade of loose monetary policy may well have contributed to the credit bubble that crashed the economy in 2007 and 2008.
For bin Laden, in other words, success was not to be measured in body counts. It was to be measured in deficits, in borrowing costs, in investments we weren’t able to make in our country’s continued economic strength. And by those measures, bin Laden landed a lot of blows.
And don’t forget the indirect costs of all this turmoil... That decade of loose monetary policy may well have contributed to the credit bubble that crashed the economy in 2007 and 2008.