Kass: More Casualties of Wealth Destruction

Think about the economic multiplier effect of the stock market's downturn on local economies as projects are abandoned or scaled back and hundreds of charities are ultimately forced to close.

The stock market's drop will have a profoundly negative impact and a long tail of influence on the real economy.

Doug Kass writes daily for RealMoney Silver, a premium bundle service from TheStreet.com. For a free trial to RealMoney Silver and exclusive access to Mr. Kass' daily trading diary, please click here.

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