UNDERSTANDING WEATHER DERIVATIVES

I will begin by admitting that I know absolutely nothing about weather derivatives but I am beginning to realize that this is a subject we desperately need to understand. The ability to manipulate the weather has advanced to such a point that this technology has enabled a whole new class of warfare and betting on the stock market. Utilizing weather warfare is the perfect .... almost secret ....way to take control of a country. Through this advanced technology we can now cause droughts, floods, hurricanes, tornadoes, snowstorms, typhoons, lightening, and even earthquakes. Crops can be destroyed and an economy destabilized. Groups of people are also often relocated and many never return to the desired area. This happened with hurricane Katrina. Who or what then does the rebuilding and who profits from it?
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