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"There will be some natural disasters occurring on a very regular basis throughout the world. The frequency will be extremely high in the coming decade."
On Thursday, Munich Re reported that the global insurance and reinsurance industry recorded a monstrous $82 billion loss thanks to an increase in natural disasters in 2020, up from $57 billion the year prior.
The reinsurer calculated the world's economic losses from natural disasters last year was around $210 billion, up from 2019's $166 billion. It added that only a small proportion of the damage was actually covered.
Munich Re noted that about 60% of the natural disaster worldwide went uninsured in the year.
Torsten Jeworrek, Member of the Board of Management at Munich Re, explained:
"Natural catastrophe losses in 2020 were significantly higher than in the previous year. Record numbers for many relevant hazards are a cause for concern
Taking Advantage of a Sharply Changing Environment | Stock Discussion ForumsShare
There was an odd EQ in Russia/Mongolia. About 1/2-way on a line between the two magnetic poles as they move ( 2004 Indian Ocean earthquake and tsunami ) toward the Indian Ocean (in which Indonesia sits).
At the time a low pressure system in the Indian Ocean became trained on Indonesia to bring flooding.
There had been increasing seismic activity in the region. The low pressure system also raised the question of a risk that a damaging EQ may come about via the "global electric circuit". Which it did. Apparently, magma was now on the move.
. The EQ evidenced that movement and Semeru was given added impetus.
I saw it comin'
A one-two coupled shot.Flooding with a low pressure center and an EQ.and... oh yeah... they have volcanoes there too.
A revealing look at just who is running the show and playing every note the "the Wurlitzer". (spoiler alert - the nazis...who were deeply into contacting that other dimension on the other side of dmt.)
One interesting thing to note is that NOW, they are putting something out there. Courtesy of Deutsche Welle.... Next post.
Taking Advantage of a Sharply Changing Environment | Stock Discussion ForumsShare
