In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
- The Danger Has Not Yet Passed
- Levee spillovers and other risks are still in play
- The Impact On The Oil/Gasoline Market
- Will be much larger than folks were originally expecting
- The Costs To Rebuild Will Be Massive
- Harvey will likely be the US' most expensive storm to-date
- How To Prepare For Similar Disasters In The Future
- Take action early. Don't lose urgency once the sun comes out
In the midst of his hour-by-hour analysis of the situation in the Gulf in the aftermath of Harvey, Chris takes time to talk with Charles Hugh Smith about the repercussions of this mega-storm, both short and long-term:
It bears mentioning that this is such a different experience from Katrina. And I know Katrina had a much, much stronger loss of life because they had that breach of the prime levy that was protecting the Ninth Ward, for instance. So 1,900 lives were lost there. It’s gonna be a fraction of that over here in Houston. The mistake people might make would be to say, Look, we had basically the destruction if not the near total loss of a major American city. We got past it, it didn’t create much of a hiccup on the economy at large.
by afridev 
