Minneapolis: Economics of Rioting - A Case Study | Insurance, Rioting, Protests,George Floyd,St Paul
Insurance doesn't justify rioting. I will explain the economics of rioting with a case study analysis of Minneapolis in the Saint Paul area. With the death of George Floyd, there were mass protests, sadly it bring with it riots that damaged Minneapolis, specifically the Saint Paul area. With $500 million in damages, 1500 properties and 400 businesses damaged, the riots have significantly damaged Minneapolis. This of course doesn't include riots in other areas of America. Minneapolis had significant economic stats with beinh the 2nd biggest economy in the Midwest, 4th biggest financial hub, 13th biggest US metropolitan economy, and $26000million GDP.
Sources:
1500 Properties damaged:
https://www.startribune.com/two-twin-cities-suburban-men-face-federal-arson-charges-in-fire-during-george-floyd-riots/572186872/
$500 million in damages & 400 businesses damaged:
https://www.startribune.com/twin-cities-rebuilding-begins-with-donations-pressure-on-government/571075592/
Minneapolis Medical Manufacturer:
https://crossbordergroup.wordpress.com/
Finance hub and Midwest:
https://pocketsense.com/financial-hubs-8292.html
Metropolitan Area:
https://www.startribune.com/6-midwestern-takeaways-on-the-new-local-economic-data/394150281/
Minneapolis GDP:
https://fred.stlouisfed.org/series/NGMP33460
Lack of Insurance:
https://www.startribune.com/skyrocketing-demolition-costs-for-riot-damaged-properties-delay-rebuilding/572269302/?refresh=true
44% of small businesses uninsured:
https://www.nextinsurance.com/blog/small-business-insurance-report/
3 Years til Business makes a profit:
https://fleximize.com/articles/001494/when-will-your-startup-start-making-a-profit#:~:text=It%20can%20take%20time,metric%20you%20should%20focus%20on.
USA Today Article:
https://eu.usatoday.com/story/news/nation/2020/06/01/george-floyd-protests-riots-minneapolis-small-businesses/5300736002/
National Review Article:
https://www.nationalreview.com/2020/09/minneapolis-riots-economic-impact-will-haunt-city-for-decades/
Twitter: https://twitter.com/TThiruseelan
Music: Eyes of Glory by Aakash Gandhi
#riots
#Minneapolis
#protests
-
46:57
Crime Circus
22 hours agoApple River ST*BBING!! Stand Your Ground Interrogation of Man in Wisconsin
13.6K9 -
9:39
Tactical Advisor
1 day agoHow To Improve Your Shooting For FREE! Mantis Blackbeard X
16.7K8 -
1:00:59
Squaring The Circle w/ Randall Carlson
22 hours ago#007 The Real Climate Crisis Noone Is Talking About and Mount Tambora Pt 2
18.7K10 -
13:52
America Uncovered
23 hours agoEveryone is WRONG About Trump's Guilty Verdict
11.6K30 -
13:10
Censored TV
21 hours agoThe Owen Benjamin vs Jim Goad debate was WILD
14.1K19 -
25:27
Degenerate Plays
13 hours agoThe Microtransaction Master - Call Of Duty Modern Warfare Remastered : Part 3
13.7K1 -
21:03
MYLUNCHBREAK CHANNEL PAGE
17 hours agoOld World Minnesota?
18.8K21 -
5:49:05
Akademiks
23 hours agoDrake Next Move - Whats next?? Did Lil Baby Listen to Me? Diddy and Family Preparing for Indictment?
82.3K39 -
1:56:06
TimcastIRL
1 day agoTrump Raises RECORD $52.8 MILLION In One Day, Bonus Uncensored Show w/Laura Loomer | Timcast IRL
94.1K396 -
23:19
Scammer Payback
4 days agoWe Created the First Ever 𝗔𝗡𝗧𝗜-𝗦𝗖𝗔𝗠 Call Center
214K256