Two years ago the life seems to be fine for everyone who had gone to their work and daily business, however we were unaware that our planet almost plunged into global catastrophe.

NASA had recently revealed that on July 23, 2012, Earth had a near miss with a solar flare, or coronal mass ejection (CME), from the most powerful storm on the sun in over 150 years, but nobody decided to mention it.

Err, what? Well, that’s a sobering bit of news.

“If it had hit, we would still be picking up the pieces,” says Daniel Baker of the University of Colorado.

We managed to just avoid the event through lucky timing as the sun’s aim narrowly turned away from Earth. Had it occurred a week earlier, when it was pointing at us, the result could have been frighteningly different.

“I have come away from our recent studies more convinced than ever that Earth and its inhabitants were incredibly fortunate that the 2012 eruption happened when it did,” says Baker. “If the eruption had occurred only one week earlier, Earth would have been in the line of fire.”

The power of this ejection would have raced across space to knock us back to the Dark Ages. It’s believed a direct CME hit would have the potential to wipe out communication networks, GPS and electrical grids to cause widespread blackout. The article goes on to say it would disable “everything that plugs into a wall socket. Most people wouldn’t even be able to flush their toilet because urban water supplies largely rely on electric pumps.”

Just 10 minutes without electricity, Internet or communication across the globe is a scary thought, and the effects of this event could last years. It would be chaos and disaster on an epic scale.

“According to a study by the National Academy of Sciences, the total economic impact could exceed $2 trillion or 20 times greater than the costs of a Hurricane Katrina. Multi-ton transformers damaged by such a storm might take years to repair.”

So can we breathe a worldwide sigh of relief? Well, not quite. Physicist Pete Riley, who published a paper titled

“On the probability of occurrence of extreme space weather events,” has calculated the odds of a solar storm strong enough to disrupt our lives in the next 10 years is 12 percent.

“Initially, I was quite surprised that the odds were so high, but the statistics appear to be correct,” says Riley. “It is a sobering figure.”