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The Most Costly Earthquakes of All Time

AlaskaDenise

In Memoriam
The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country.

Japan's 9.0 magnitude earthquake is a rare event, according to the US Geological Survey (USGS). Globally we experience an average of only one earthquake above an 8.0 magnitude each year. This, of course, varies from year to year, with the most recent examples being four 8.0+ magnitude earthquakes in 2007 and zero in 2008.


Although human and economic costs can vary greatly, even for the most forceful earthquakes. The most destructive occur in close proximity to highly populated areas.....

Read more and find out which are the 10 most costly at:
http://www.cnbc.com/id/42094109

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Re: The Most Costly Earthquakes of All Time

While the dollars above are interesting, it would also be good to see a dollar figure attached to various preventative actions, e.g., reinforced buildings, emergency response investment, zoning considerations, population preparation (emergency stocks), emergency communicatio, etc.

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