Worse Than Katrina? It Appears That We Just Witnessed the Most Costly Natural Disaster in U.S. History by a Wide Margin

by Michael Snyder
The Economic Collapse Blog

I don’t know if I have the words to describe what we have just seen. Summer just ended, and within one week we have already witnessed the most costly natural disaster in the entire history of the United States. There are some areas along the west coast of Florida that have literally been destroyed. Some have compared the devastation to the dropping of an atomic bomb, and that is not an exaggeration at all. The state of Florida has never experienced a storm quite like this before, and recovery is going to be measured in years.

When Hurricane Katrina hit New Orleans in 2005, it was a Category 3 storm.

Hurricane Ian had maximum sustained wind speeds of 155 mph, and that put it just 2 mph short of being a Category 5 storm.

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