Southern California shaken by swarms near Salton Sea; Experts say 65% of nation’s earthquake damage occurs in California equaling $1.8 billion a year in financial losses

The latest quakes come after a new report from USGS indicated that California is projected to lose an average of $9.6 billion a year from earthquake damage

Mathew 24:7 For nation will rise against nation, and kingdom against kingdom, and there will be famines and earthquakes in various places.

Important Takeaways:

  • Swarms of Earthquakes shake California in recent days as officials warn the cost of yearly quake damage nears $10 BILLION – up 157% from six years ago
  • The first earthquake occurred near the U.S.- Mexico border town of Herber around 12pm Saturday and more than four dozen tremors were subsequently registered over the next 18 hours, according to the U.S. Geological Survey (USGS).
  • The earthquake and tremors in Herber reached up to 3.7 in magnitude.
  • The latest quakes come after a new report from USGS indicated that California is projected to lose an average of $9.6 billion a year from earthquake damage.
  • That number is a 157 percent jump from 2017 when it was just $3.7 billion a year.
  • A second series of earthquakes struck near Niland, a town 40 miles north of the border. After the first, more than 25 tremors shook the area after midnight Sunday.
  • According to the new USGS report, Los Angeles and Orange counties are the most costly places that can be hit by earthquakes at a projected annual loss of $3.3 billion a year.
  • Right behind the Southern California places is the San Francisco-Oakland-Berkeley metro area, with a projected loss of $1.8 billion a year.
  • Shockingly, the report also indicates California’s expected costs make up around 65 percent of the nation’s total damages.
  • Over the next three decades, California is projected to lose $288 billion

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