The Cascadia subduction zone off Oregon's coast could trigger an earthquake and tsunami resulting in $32 billion or more in economic losses and thousands of deaths, according to a draft report from the state's earthquake commission. Oregon needs to pursue 50 years of seismic upgrades for schools, hospitals and major infrastructure to reduce the impact of such an earthquake, the report said. "[W]e can choose either a future in which the earthquake results in grim damage and losses and a society diminished for a generation, or a future in which the earthquake is a manageable disaster without lasting impact," the report says.

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