Fear Mongers Predict Hurricane Irene Will Cause Tens of Billions of Dollars Worth of Damage in NYC
FiveThirtyEight’s Nate Silver ran no fewer than, I’m sure, 3.48 million simulations predicting what would happen if Hurricane Irene directly hit Manhattan at full strength. If it did, know what the end result would be? ECONOMIC RECKONING. Using historical data from 20 hurricanes to hit the Northeast in the past, and adjusting the economic damage…
