That is three quadrillion dollars!
To visualize this, the web site kokgiak.com uses this image:
That’s a huge stack of pennies, dwarfing some of the largest building in the US.
You have to love the lawyers though:
“The trauma these people have undergone is unlike anything that has occurred in the history of our country.”
Lets see – at least 618,000 people died during the civil war. About 3,000 died from the San Francisco earthquake and fires in 1906.
1836 people died during Katrina. Hardly even close to the number of deaths in the Civil War. But then, we’re used to lawyers inflating claims and simply making stuff up.
But don’t worry – if we took the entire US GDP we could pay this 3 Quadrillion off in about 1000 years (assuming no interest is accruing).
Daniel Becnel, Jr., a lawyer who said his clients have filed more than 60,000 claims, said measuring Katrina’s devastation in dollars and cents is a nearly impossible task. “There’s no way on earth you can figure it out,” he said. “The trauma these people have undergone is unlike anything that has occurred in the history of our country.”