2 Dead, 700,000 Without Power As Damages From "Nightmare" Michael Top $20 Billion

Zero Hedge | 10/9/2018 | Staff
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As it moved inland over Georgia on track to hammer some parts of South and North Carolina that haven't yet recovered from Hurricane Florence, Hurricane Michael was downgraded to a tropical storm Wednesday night. It's expected to exit the Continent on Friday, leaving a more than 200-mile long trail of devastation and what's expected to be roughly $20 billion in damages as it tears through the southeastern US. Already, 2 deaths have been confirmed, and it's believed that more will come. During the latest update, the storm was 30 miles west of Augusta, Georgia and is headed into South Carolina.

Despite the downgrades, Michael has cemented its status as the third most powerful storm to ever make landfall in the Continental US. Strong winds and torrential rains continued to batter Georgia overnight and have spread to South Carolina as well. According to Accuweather, winds reached 60 mph across Georgia overnight, and speeds were expected across the Carolinas over the next 24 hours.

Homes - Businesses - Power - Florida - Alabama

More than 700,000 homes and businesses had lost power in Florida, Alabama and Georgia early on Thursday. The governors of North and South Carolina warned about coming heavy rain and storm-force winds as Michael moved north along the Atlantic seaboard. The NHC warned that the storm could cause life-threatening flash flooding on Thursday and Friday across the Carolinas, Georgia and as far away as Virginia.

To provide an update on the status of disaster relief, the head of the NHC will give a news conference at 8:30 am ET:

Residents - Task - Storm - Thousands - Homes

As residents prepare themselves for the monumental task of rebuilding after the storm reduced thousands of homes to splinters, scientists and first responders are reflecting on how Michael intensified from a tropical storm with negligible expected impact on Saturday to a borderline Category 5 storm that was among the most powerful to...
(Excerpt) Read more at: Zero Hedge
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