A potential $100 BILLION dollar disaster?

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TPACane04

A potential $100 BILLION dollar disaster?

#1 Postby TPACane04 » Sun Aug 28, 2005 10:10 am

I shudder to write this...but think about the impacts.

For NOLA (with a direct hit), the city will essentially be out of business for who knows how long. What about workers wages when there is no job to go to? No homes to go to?

Oil Rigs/production? ha..welcome to $4/gallon gas

Structural damage...take what Andrew did and double it, due to the potential impact zone having more structural value. Imagine Andrew having hit Mia/FTL head on in 1992, instead of Homestead area.

Inland areas of LA/MS/AL...major damage.

I could go on and on...but you can readily see that the stage is set for a financial and personal nightmare of epic proportions.
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Tri-State_1925
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#2 Postby Tri-State_1925 » Sun Aug 28, 2005 10:29 am

No doubt about it. This is setting up to be the Coup de Grace of weather events. A category 5 hurricane and New Orleans. Does it get any bigger? Well yeah, considering this thing is trying to crank its wind speeds to epic levels. Are you kidding me? As if the flooding scenario weren't bad enough, now we are are looking at unreal wind damage.
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#3 Postby Tri-State_1925 » Sun Aug 28, 2005 10:31 am

No doubt about it. This is setting up to be the Coup de Grace of weather events. A category 5 hurricane and New Orleans. Does it get any bigger? Well yeah, considering this thing is trying to crank its wind speeds to epic levels. Are you kidding me? As if the flooding scenario weren't bad enough, now we are are looking at unreal wind damage.
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#4 Postby The Big Dog » Sun Aug 28, 2005 10:37 am

I seem to remember them saying $80B if Andrew had made a direct hit on Miami, and that was in 1992 dollars. If the worst-case scenario plays out, including the feared deluge from Lake Ponchartrain, this is at least a $100B storm, possibly $150-200B.

This could have effects on the national economy, aside from just gas prices. How many insurance companies will go under? For the most part, they were prepared for a season like last year, but I don't know about something like this. I know how you feel -- I don't want to be the Grim Reaper, either.
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