Tuesday, August 12, 2014

Blackouts, electrical failure and travel chaos: Electromagnetic pulses could cost trillions and affect millions, scientist warns

Blackouts, electrical failure and travel chaos: Electromagnetic pulses could cost trillions and affect millions, scientist warns | Mail Online: "Predicting or worrying about disasters is a popular pastime.

Naturally occurring geomagnetic storms, caused by the solar wind interacting with the Earth's magnetic field, could damage the Earth's magnetosphere causing widespread blackouts and travel chaos

But when somebody with money at stake becomes concerned, we really start to take notice. Financial people likely sat up when Paul Singer, manager of the Elliott Management hedge fund, warned in his latest newsletter of the risks association with electromagnetic pulses."

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