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Monday, September 6, 2010

Massive Earthquake in New Zealand, $2 billion dollars worth of damage

The city of Christchurch suffered from a earthquake with a magnitude of 7.1 on the Richter scale on the 4th of September. Only 2 people were seriously injured, and one death by heart attack have  been reported. According to the PM, around 100,000 houses have been damaged in the earthquake and resulting aftershocks.

Compare this to the Haiti earthquake, with a magnitude of 7.0, killing 230,000 people and injuring 300,000. It appears we have our shit together presently.

Ironically, the New Zealand Dollar still remained strong during all of this.

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