Monday, October 29, 2012

Potential disaster of epic proportions

This storm has the potential to be a horrific event - a combination of 9/11, 9/18 (2008), Hurricane Katrina (2007) and Hurricane Wilma (2005).  There may be two feet of snow fall after the storm passes. I hope it doesn't come to this but these are some of the things that may happen:
  • power outage for a week, shutting down NYC
  • Wall Street also being closed for a week with a resulting crash (20%+ drop) of the stock market
  • grocery stores being stripped bare, gas stations running out
  • people being trapped without food or heat, and hundreds of deaths of elderly people
  • alarms shutting down because of the lack of electricity, allowing widespread theft and looting
  • airlines, which always have a razor-thin profit margin, in danger of going broke and asking for a bailout
  • the election being postponed because voting places can't open
  • riots and the National Guard patrolling the streets with machine guns
The aftermath of this may involve massive bailouts, again.

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