Lost Commerce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To 40.d and we are probably looking at another $30 billion in lost commerce. the new york city economy is not functioning nor are is the broader area. people aren't earning a living. lost income. we are really talking about quite a big toll right now. we are probably talking aboutto something, you know, close to b $70 billion, $80 billion. not as big ats katrina but getting in that league. >> geraldo: so if it is in that range, professor, you areprof suggesting this is one of the most expensive storms inms american history? >> yeah. biggest.t the however, look at where it hit. right smack into...

Now i'd say it's closer to 40 and probably looking at another $30 billion in lost commerce. the new york city economy is not functioning, nor is the broader away, people aren't earning a living so at it quite a big toll. >> probably talking about something close to 70, $80 billion, not as big as katrina but getting in that league. >> so, if it's in that range, professor, you're suggesting this is one of the most expensive storms in american history? >> yeah. it's note the biggest. however, look at where it hit. right smack into the financial center, and then i'm a native new yorker, well famil...

Cost the u.s. economy. >> in the beginning $20 billion, now i'd say it's closer to 40 and probably looking at another $30 billion in lost commerce. the new york city economy is not functioning, nor is the broader away, people aren't earning a living so at it quite a big toll. >> probably talking about something close to 70, $80 billion, not as big as katrina but getting in that league. >> so, if it's in that range, professor, you're suggesting this is one of the most expensive storms in american history? >> yeah. it's note the biggest. however, look at where it hit. right smack into the financ...