10 Dead, 10,000 Structures Burned In Los Angeles Area Inferno As Fire Damage Could Exceed $150 Billion

Article originally appeared on www.zerohedge.com.


Fires raging across the Los Angeles area entered their fourth day, killing at least ten people, forcing the evacuation of 180,000 residents, and destroying more than ten thousand structures. Preliminary estimates place damages and economic losses up to $150 billion.

As of Friday morning, five fires are burning across the LA County area. The largest, the Palisades Fire, has scorched 20,000 acres and is considered “one of the most destructive fires in the history of Los Angeles,” according to the LA fire chief on Thursday. Meanwhile, the Eaton Fire has burned 14,000 acres. The newest fires are Kenneth and Hidden Hills, which expanded in the overnight hours.

Summary of the five fires (courtesy of CBS News):

The Palisades Fire in Los Angeles has killed two people and grown to cover over 31 square miles, likely destroying thousands of structures, according to fire officials. It was …

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