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With the threat of a World War 3 escalation into a nuclear conflict, while the world's financial system is on the brink of collapse, it is easy to see why a local, regional news story about the weather will not make national headlines. But there is a local, regional story developing in California that I guarantee will eventually make national headline news, as the flooding continues with more heavy rain and snow this week, and with local officials declaring that in terms of the flooding and damage, "the worst is yet to come." With California producing over half of America's agriculture, this is indeed HUGE news, as this is also going to affect food prices around the world, since many of California's agricultural products, a $51 BILLION economy, are exported outside the U.S. The main reason this is not a major worldwide headline, yet, is because there are still very few estimates as to how high the losses are going to be, since the farming community in California is just trying to survive right now, bracing for new storms that entered the State yesterday and are continuing today. Total financial losses for the State of California due to flooding that began in January, right now range from $5 BILLION to $30 BILLION.

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