Economist in 2003 predicted Iraq war cost $2Trillion/$75 oil

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In this March 5, 2003 broadcast, two weeks before the invasion of Iraq, Yale economist William Nordhaus was ridiculed for predicting a war with Iraq might cost as much as $750 Billion in war costs, $2 Trillion in economic costs, create $75 a barrel oil and $3 a gallon gas. And in all this, he still didn't count military rehab or increased domestic security costs, so even HIS estimate was low! Mission Accomplished!

Category: News
Uploaded: August 1st, 2007 @ 2:58 pm
Author: BI30

Length: 06:39
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Views: 11,971

Tags: afghanistan baghdad blood bp bush cheney exxon for halliburton hussein mobil neocon oil rumsfeld saddam shell texaco wmd

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