From an email that I recently received from the FOUNDATION FOR THE STUDY OF CYCLES, INC.
“What are the economics of a 2012 Solar Storm?
“One of these issues that is not currently mentioned in mainstream news headlines is the economics of a 2012 solar storm. The world is wired as it has never been before and even the American leader who is said to love his hand held communication gadgets is being told that he will have to forfeit the use of this tool as a security measure as he moves into the rank of one of the most sacred and powerful jobs on the planet. But giving up the Blackberry may soon be a situation that will be a forced responsibility on the masses if some reports of what is to come from assessment reports being formulated by agencies studying and monitoring the activity of the sun’s solar flare activity are accurate.
“The U.S. has grown so dependent on modern technologies without respect of what the sun can and has done, that it’s risking major communications, finance, transportation, government and even emergency services meltdowns. And if one of the sun’s periodic, catastrophic storms hits Earth the way Hurricane Katrina hit the U.S. coastline, the report estimates that damages from the “space weather Katrina” could top $1 or $2 trillion. The economics of a 2012 solar storm could well take out the power grids and maybe even the satellites that allow such devices to operate properly. By some accounts the economics of a 2012 solar storm is about as perplexing to the socio-economic health of America and all other nations and the cost of such solar flare activity is in the making and this could be the perfect storm.
“Long scorned as “mysticism” and “parascience,” concern about the year 2012 has now surfaced in a mainstream NASA report on the potential impacts on human society of solar flares anticipated to peak in 2012.“
