"Anticipating the World’s Most Expensive Natural Disaster"
June 28, 2012
When I saw the headline I thought the article would be about an earthquake in Cali. Nope. It's about the next Tokyo earthquake.
Japan stands alone among all modern, large, and affluent economies in facing an unpredictable but inevitable disaster. Unlike the United States, France, or Russia, the country lives with the terrible certainty that its capital, the world’s largest megacity, will eventually be hit by a strong earthquake that will amount to the most expensive disaster in history.