Category Archives: Earthquakes

Tokyo earthquake will cost somewhere from $1 to $4 trillion and likely soon

If a disaster is capable of crashing the world financial system, an earthquake in Tokyo is surely one of them. Tokyo, with over 33 million people, is the epicenter of finance and politics in Japan. In geologist Peter Hadfield’s 1995 … Continue reading

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Cascadia subduction zone 9.0 earthquake will cost hundreds of billions of dollars and many lives

[ Would a several hundred billion dollar earthquake shake the global financial system enough to bring on a world-wide depression?  It’s not just the costs of repair, but the indirect costs, such as destruction of the Ports of Seattle and … Continue reading

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