US Economy “Black Swan”?
I wonder what would happen if an earthquake equivalent to the New Madrid earthquakes (1811 – 1812) were to happen today. Impact to commerce in Middle and East Coast America could be severe.
From Wikipedia: “There are estimates that the earthquakes were felt strongly over roughly 130,000 square kilometers (50,000 sq mi), and moderately across nearly 3 million square kilometers (1 million square miles). The 1906 San Francisco earthquake, by comparison, was felt moderately over roughly 16,000 km2 (6,200 sq mi).”
