A week after a devastating inferno leveled large swaths of Pacific Palisades and Altadena to ash, Los Angeles County remained under a severe fire threat on Wednesday morning. Residents have been left in a state of shock, expressing frustration over what many see as possible negligence by county and/or state officials to mitigate the spread of the fires. The fires have become the region’s worst fire disaster in history, with new damage and economic loss estimates between $250 billion and $275 billion, according to AccuWeather.
“These fast-moving, wind-driven infernos have created one of the costliest wildfire disasters in modern U.S. history,” AccuWeather Chief Meteorologist Jonathan Porter said, adding, “Hurricane-force winds sent flames ripping through neighborhoods filled with multi-million-dollar homes. The devastation left behind is heartbreaking, and the economic toll is staggering.”
AccuWeather predicted economic damages between $250 billion and $275 billion had eclipsed inflation-adjusted damages of $200 billion from Hurricane Katrina, according to JPM analysts.
Meh. It’s just dollars. The Fed will just print more. It’s the solution to all the government’s problems. And it will keep the libtards of LA voting D for decades.
It’s going to go WAY up. Just wait until the toxic mud slides start in about 10 weeks.
Good call, environmental costal disaster. Will they rebuild those death traps call zero lot line house developments.