Saturday, September 03, 2005

$100 Billion

A insurance company recently suggested that the devastation of Hurricane Katrina would cost around $100 Billion dollars. That is a nearly unfathomable number. It is more than twice the gross domestic product of Costa Rica. I wonder how much prevention would have cost, perhaps rebuilding the levees to better handle hurricanes, or better yet, creating a system which would work with nature instead of trying to dominate it.

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