Watch | How powerful a 7.8 magnitude earthquake can be

Footage has emerged that captures the extreme force behind the earthquake that hit New Zealand earlier this week. The 7.8 magnitude earthquake pummelled central New Zealand in the early hours of Monday, killing at least two people, damaging roads and buildings and setting off hundreds of strong aftershocks. The country faces billions of dollars in damage from the powerful quake, but the government's strong balance sheet means it will have little trouble footing the bill, officials and economists said.