Posted on 09/14/2014 7:15:44 AM PDT by blam
BILLIONAIRE HEDGE FUND MANAGER: Of All The Things That Are Likely, Nothing Is Scarier Than An Electromagnetic Pulse
Myles Udland
July 30, 2014
Plasmasphere - Wikimedia Commons
Hedge fund managers often like to opine on various topics that are largely unrelated to investing.
In his latest lengthy quarterly letter to clients, Paul Singer of Elliott Management spent some time discussing a phenomenon that caught our attention and the attention of many others.
It's the danger posed by an electromagnetic pulse.
Singer writes that an electromagnetic pulse is the "risk that stands way above the rest in terms of the scope of potential damage adjusted for the likelihood of occurrence."
According to Singer, threats that are more manageable than an electromagnetic pulse include nuclear war and asteroids.
(snip)
(Excerpt) Read more at businessinsider.com ...
Alas, the science is settled.
/s
People that work in the industry are well aware of it.
I’d be far more “worried” about terrorists attacking substations in a coordinated manner to cause a cascading failure.
good luck.
we can’t even get our masters to read the Constitution.
On the bright side, electromagnetic pulse will have zero effect on Americans guns and ammo.
unless .....you get a fever and the doc says you got ebola.
Which could be coming soon.
http://www.ibtimes.co.uk/north-korea-developing-submarine-based-ballistic-missile-system-1465379
“Prepared”. Almost cliche’ these days when it seems the only thing our government is preparing for is controlling the populace so they may remain in control after whatever prescribed disaster they see fit to permit, facilitate or ignore ‘happens’...
http://www.history.com/news/a-perfect-solar-superstorm-the-1859-carrington-event
We have:
http://en.wikipedia.org/wiki/Explosively_pumped_flux_compression_generator
And we used it in Iraq.
I think when they were doing the atmospheric nuclear tests on Johnston Island, one of the shots EMP’d parts of Austrailia. I don’t know how long it lasted, though.
Singer: Nothing is scarier than losing my money.
The UN demands a global electromagnetic pulse tax immediately!!!
You may be right. An EMP would probably set us back a ways, but I need an explanation as to why it would necessarily take us back beyond 1800. Prior to that we had nothing electrical, let alone electronic.
An EMP only lasts for seconds, and then is done. While that impulse would knock out electronic devices and controls, a lot of electrical things could still be gerry rigged to still operate.
And what about the recent sunspots and mass ejections that were ballyhooed to be so potentially destructive? Did they do ANYTHING of note anywhere on the planet other than a light show over the poles?
Just asking?
Prior to electricity, people had a ways to get water, to dispose of waste and to distribute food and supplies. Those ways didn’t depend on electricity. Every home had its own water well or cistern system.
Very few people have their own water wells anymore. Much less any good way to provide clean potable water for the thousands of people in suburbia who would no longer have access to water out of their taps.
Lack of clean potable water would kill the most people, the fastest.
Then there’s the lack of food distrubution that doesn’t depend on electricity or fossil fuels...
Is an EMP attack possible?
Research “Starfish Prime” and learn about a high-altitude nuclear test in the Pacific that caused trouble in Hawaii, hundreds of miles away. Just a few months after Starfish, the Test Ban Treaty did away with open-air nuclear testing, so we don’t know everything that an EMP burst can do.
Short version ... a nuclear weapon detonated at high altitude (40+ miles up) will cause a catastrophic wave of electromagnetic energy to sweep over the countryside, potentially frying all electronics below. Will it fry the computer in your car? Or your cell phone? We don’t know.
For additional amusement, research “Scud In a Bucket” and how Iran has been training for an EMP attack.
Not true.
Every ‘nukular’ reactor within range of ‘whatever-cause’ EMP will not be able to sustain cooling of their cores.
The gubmint knows this and is the principle reason the nukular apologists keep poo-pooing Fukushima.
Nay...if anyone checks the news, “What Fukushima?” (I wish that were sarcasm)
I agree
His dirt bike should be ok.
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