Moody’s chief economist calls Sandy storm as one of the most economically damaging in US history


Chief economist at Moody’s, Mark Zandi has termed the Superstorm Sandy as to be most economically wrecking in US history. The bill assigned to the destruction in US caused by Sandy is an astounding US$50Bn. Katrina, 9/11 and Hurricane Andrew are the only other disasters to have taken place in the past that caused economicContinue reading “Moody’s chief economist calls Sandy storm as one of the most economically damaging in US history”