– Four Bombings and 52 deaths in just $2000!!

This is the scariest aspect of terrorism! With little money.. a crazy sense of salvation …. and explosives.. these guys can wreck havoc everywhere!

The suicide bombings that killed 52 people on London’s transit system in July were a relatively low-cost operation, security experts said Tuesday.

I think the London bombings, including buying the train tickets and conducting reconnaissance, were done for no more than 1,200″ pounds, or about $2,000, independent defense and security expert Paul Beaver told The Associated Press.

Terrorism financing expert Loretta Napoleoni said the bombings were relatively inexpensive largely because the four bombers were homegrown, living with their families in towns north of London and traveling to their targets using a rental car and a train.

“They were just a group of friends who lived at home,” she said. “Their only costs were the homemade explosives and the traveling costs to London.”

The British Broadcasting Corp. reported Tuesday that police believe the attacks cost “no more than several hundred pounds.”

Police have said the four used inexpensive, peroxide-based explosives. But they would not specify the estimated cost of the attack until they had completed the investigation into the “wider circumstances of how the attack was funded,” police said Tuesday.

The BBC also reported that investigators believe teaching assistant Mohammad Sidique Khan, 30, was the group’s chief’s financier. He died in the attacks, along with the three other suspected bombers: Hasib Hussain, an unemployed 18-year-old; Lindsey Germaine, 19, whose occupation was unclear; and Shehzad Tanweer, 22, who helped out at his family’s fish-and-chips shop.

Neither Beaver nor Napoleoni included in their estimates the costs of some suspects’ travel to Pakistan, which has become a subject of the investigation.

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