Mr Cooper Group Inc (COOP)

[sillyinvestor]

I will state however, the following does give me pause.

Who knows what the Carrington Event in 1859 was? That solar coronal mass ejection reduced our fledgling telegraph systems to a burned out network. Even the minor solar flares we experienced in 1989 caused a nine-hour outage of Quebec's electricity transmission system, and rippled through the east coast tripping breakers along the way.

Fast forward to today, and our networks are still woefully unprepared. Congress estimates trillions of dollars in damages and 4 to 10 years to recover, should a Carrington-scale event catch us unprepared. I fear, we are creating our own Archilles' heel, and a major EMP (natural or not) will send us back to the stone age without warning.

I still tell people TODAY, even if they bank online, to periodically download and print out their statements on good old paper. I doubt many listen....