Note from the Publisher: I don't live in a hurricane zone, so I'm sorry to say I've never seen or heard the term "hurricommerce" before, but it does makes sense. Commerce must come for some, at least, following a hurricane, so the following article is a little bit metaphysics, a little bit concerning, and a little bit hopeful, all at the same time. I will say, my dad was an auctioneer, and often ended up selling bankrupt farms at auction. Not the happiest thing, but somebody's gotta do it, and he profited nicely from it. No difference with those who clean up after a hurricane, I suppose.
"As this article is being written, Hurricane Matthew is wreaking havoc along the Florida coastline.
As the storm remains ongoing, its costs are not yet known, but there is little in the way of argument that, when all is settled and the waters have receded, there is going to be a very, very significant and very expensive pile of damage left in its wake.|
Forgetting for a moment the cost to human life and happiness — which will certainly be as incalculable for this storm as it has been for every other natural disaster in human history — the simpler cost in dollars and cents will very calculable and likely horrifying.
(However), even for all the economic destruction that comes out of a storm, there are also moments of ingenuity and creativity. Now, don’t get us wrong, hurricanes are mostly bad — almost entirely bad. But every once and a while, the really bad weather. But every once and a while, the really bad weather coughs up a really good idea for payments or commerce.
For example…
Natural Disasters May Be Good For Economic Growth..........
A Flood Is An Excellent Time To Think Outside The Box............."
Read Full Article at Pymnts