In the Money Be Forewarned: In Israel, Earthquakes Are Your Responsibility

Expectations that the government will reinforce homes instead of their owners paying are an illusion. The state won’t even provide any serious subsidies to prepare for the soon-to-come Big One.

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Nepal had not suffered a major earthquake for 80 years, until the earth shook Saturday morning at a magnitude of 7.9 on the Richter scale. The number of victims of the serious quake, which destroyed entire...