May 11, 2003

SARS bad for Asian economies, good for everyone else.
While scientists and public health workers struggle to get the SARS epidemic under control, economists are beginning to see the bright side. Western economists, that is. If the disease manages to disrupt China's manufacturing exports, that could help drive up prices for Western goods, thus avoiding the deflationary spiral Japan that is stuck in. How long will it be before some country begins releasing biological agents strictly for economic warfare? (via The Daily Rotten)