Moody's Analytics is now estimating the cost of Hurricanes Harvey and Irma to be somewhere between $150 and $200 billion. In addition to the loss of property, there could also be long-term economic losses from the storms. Some experts say that by investing in cities ahead of disasters, governments and companies could end up saving money.
Here & Now‘s Jeremy Hobson talks with MSNBC’s Ali Velshi (@AliVelshi) about the costs of storms.
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