Previously, Elliott Management's Paul Singer has explained that he believes "there is one risk that stands way above the rest in terms of the scope of potential damage adjusted for the likelihood of occurrence" - an electromagnetic pulse (EMP). Today we dig deeper into that risk...
Our entire way of life can be ended in a single day. And it wouldn’t even take a nuclear war to do it. All it would take for a rogue nation or terror organization to bring us to our knees is the explosion of a couple well-placed nuclear devices high up in our atmosphere. The resulting electromagnetic pulses would fry electronics from coast to coast. Of course this could also be accomplished without any attack. Scientists tell us that massive solar storms have hit our planet before, and that it is inevitable that there will be more in the future. As you will read about below, the most recent example of this was “the Carrington Event” in 1859. If a similar burst from the sun hit us today, experts tell us that life in America could suddenly resemble life in the 1800s, and the economic damage caused could potentially be in the trillions of dollars. This is one of the greatest potential threats that we are facing as a nation, and yet Barack Obama has essentially done nothing to get us prepared.
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