Damages from the earthquake that hit the San Francisco area this weekend are estimated to be as high as $4 billion. For many cities around the world, particularly coastal cities situated on the geologically active Ring of Fire, an earthquake could be catastrophically destructive. Bloomberg looks at the five cities that are most vulnerable to earthquakes.
As Michael Snyder rather ominously warns, the quake last weekend is just the start of the shaking in California...
Don't get too excited about what happened on Sunday. Scientists assure us that it is only a matter of time before "the Big One" hits California.
In fact, the 6.1 magnitude earthquake that hit northern California on Sunday was not even the largest earthquake along the Ring of Fire this weekend. According to the U.S. Geological Survey, a 6.4 magnitude earthquake shook the area around Valparaiso, Chile on Saturday and a 6.9 magnitude earthquake struck Peru on Sunday.
As I mentioned above, we have moved into a time when seismic activity is steadily rising. It has gotten to the point where even the mainstream media cannot ignore it anymore. For example, just check out the following excerpt from a recent CBS News report…
Something is happening that scientists don't understand, and that is a little scary.The average rate of big earthquakes — those larger than magnitude 7 — has been 10 per year since 1979, the study reports. That rate rose to 12.5 per year starting in 1992, and then jumped to 16.7 per year starting in 2010 — a 65 percent increase compared to the rate since 1979. This increase accelerated in the first three months of 2014 to more than double the average since 1979, the researchers report.
As I wrote about the other day, earthquake activity seems to particularly be increasing in the United States. While the west has been relatively quiet, the number of earthquakes in the central and eastern portions of the nation has quintupled over the past 30 years….MORE