Investing in precious metals 101

Disaster relief

  • Tue, Oct 06, 2015 - 04:47pm


    Mark Cochrane

    Status Platinum Member (Offline)

    Joined: May 24 2011

    Posts: 1189

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    Disaster relief

Opposing disaster relief is a low percentage move since it is just about as likely as to finally catching up with you as death and taxes. Below is the figure for Federal Disaster Declarations in the United States since 2014. For comparison, despite all of the drought and fires out west this year, 2015 has a relatively low number of declarations at only 70 so far.

If you look below at major disaster declarations (blue) you will see a step up in numbers of declarations right at 1972 and another around 1996. Right around 1970 is when temperatures started rising rapidly around the world. Correlation is not causation but it is damned suspicious. Also, if you look at 'Fire Management Declarations' you can see that something broke badly in our fire management abilities right at about 1996. We used to be able to control situations fairly well before then but we have been increasingly overwhelmed since then, mostly out west. Year after year we are suffering large fires that we can no longer contain. Climate change is not the only factor but it is a substantial one.