This paper makes an important point that the rise in billion-dollar disasters isn’t just about worsening storms but also about the growth of the U.S. economy. With more infrastructure and assets at risk today, the financial toll of each disaster looks larger than in past decades. Adjusting for economic growth, the increase in major disasters is much slower than raw numbers suggest. It’s a helpful reminder that context matters when interpreting disaster statistics.
It’s shocking to see how frequently these billion-dollar disasters are happening now — and how much impact they have on communities and local economies. It really shows the importance of better preparedness and sustainable planning for the future.
This paper makes an important point that the rise in billion-dollar disasters isn’t just about worsening storms but also about the growth of the U.S. economy. With more infrastructure and assets at risk today, the financial toll of each disaster looks larger than in past decades. Adjusting for economic growth, the increase in major disasters is much slower than raw numbers suggest. It’s a helpful reminder that context matters when interpreting disaster statistics.
It’s shocking to see how frequently these billion-dollar disasters are happening now — and how much impact they have on communities and local economies. It really shows the importance of better preparedness and sustainable planning for the future.
By the way, I recently found https://summertimesagasdl.com/summertime-saga-pc/
— it shares some interesting resources and topics that are worth exploring in your free time.