Startseite
Podcasts
Planet Money Podcast
#414: After The Flood, The Backup Plan

#414: After The Flood, The Backup Plan

Planet Money vor 13 Jahren

0:00

A monster storm flooded parts of the biggest city in America this week. Millions of people are still without power.But in the long run — even in the medium run — New York (and New Jersey!) will recover. And for the U.S. economy as a whole, this disaster will barely be a blip.This is largely because there are countless backup plans hiding everywhere in our economy. On today's show, a flooded grocery store reveals safety nets that are usually hidden but, at moments like these, are suddenly made visible.