Re: Terrorism and Investing
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Would some sort of nuclear device smuggled in and set off in a major metropolitan area be enough to cause a panic? I think the difference between something like this and a bomb blowing up a plane or a bus would have more impact on the markets compared to which number terrorist attack this is.
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Ya, I guess. But if people are accustomed to this sort of thing (and to the market inevitably recovering) it still might have less effect, even if the destruction is greater. The Israeli stock market is a good indication of that. But really all I meant is that you can never "count" on another artificial dip like 911 (even if you accept the OPs assumption that future attacks will come). It could happen, sure.
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