Help me out here, amateur and professional economists.
We have been hearing that the Gulf Gusher damage may be "beyond human comprehension."
The carnage is iceberg-like, with the hidden undersurface Gulf biosystem likely comprising 80% of the worst. The birds, the seals, the dolphins, the turtles washing up dead will be the mildest hint of the death occurring everywhere beneath the Gulf waves.
If the Gusher continues, there will also be surface carnage as well. Wetlands utterly destroyed. Marsh life wiped out. Bayous with tarballs floating among cypress roots. Beaches rife with dispersant-produced oil mousse. New high-tide marks that are gooey and smelly, and renewed twice a day.
This, along the entire coasts of Louisiana, Mississippi, Alabama, and Florida, likely down to Miami at least.
If, as I now believe, the oil release is far greater than we're being told, and if they can't stop it quickly, then a lot of dominoes will fall.
Because the natural resilience and beauty of the entire coastline will not just collapse.
It will stink.