Posted To: MBS Commentary
Good Morning. The sky is once again gray and the ominous smell of another winter storm has settled in over the area. This spells trouble for a region that has already experienced at least 2ft of powder (more wet snow than powder actually). While many are stick stuck in their homes, undoubtedly stir crazy by now, the thunder snow has served as an economic opportunity. Anyone with a plow, a snow blower, or simply an extra shovel could be out earning a few extra bucks. For many the opportunity cost is too high, for others this is an opportunity to make up lost ground on a years worth of scattered work and skimpy paychecks. The transfer of wealth that occurs in times of disaster and hardship is amazing. Think of it this way….at the moment, companies are paying between $250 and $300 an hour for…(read more)
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Original post by Adam Quinones
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