New Orleans Will Be Rebuilt, Here's Why

George Friedman outlines the role of New Orleans in the global economy. The US fought wars over the site and it remains essential and irreplaceable.

1 minute read

September 6, 2005, 10:00 AM PDT

By Dan Houston


"A simple way to think about the New Orleans port complex is that it is where the bulk commodities of agriculture go out to the world and the bulk commodities of industrialism come in. The commodity chain of the global food industry starts here, as does that of American industrialism. If these facilities are gone, more than the price of goods shifts: The very physical structure of the global economy would have to be reshaped.

The problem is that there are no good shipping alternatives."

Wednesday, September 7, 2005 in Stratfor Intelligence Brief

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