Sunday , November 17 2024
Home / Mike Norman Economics / The world’s infrastructure was built for a climate no longer existing Bill Haskell

The world’s infrastructure was built for a climate no longer existing Bill Haskell

Summary:
Excerpt from Foreign Policy.Countries have spent decades building critical infrastructure that is now buckling under extreme heat, wildfires, and floods, laying bare just how unprepared the world’s energy and transportation systems are to withstand the volatility of climate change.These vulnerabilities have been on full display in recent weeks as record-breaking temperatures broil the world, straining power grids, threatening water supplies, and warping roads.Mother Nature is a bitch. Who thought? (What happens when you piss off Ma.)Angry BearThe world’s infrastructure was built for a climate no longer existingBill Haskell

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Another Hayekian Triangle Not Supporting The Austrian School

Joel Eissenberg writes Access to medical care: right or privilege?

NewDealdemocrat writes Production turns more negative

Bill Haskell writes Lawler: Early Read on Existing Home Sales in October

Excerpt from Foreign Policy.
Countries have spent decades building critical infrastructure that is now buckling under extreme heat, wildfires, and floods, laying bare just how unprepared the world’s energy and transportation systems are to withstand the volatility of climate change.

These vulnerabilities have been on full display in recent weeks as record-breaking temperatures broil the world, straining power grids, threatening water supplies, and warping roads.

Mother Nature is a bitch. Who thought? (What happens when you piss off Ma.)

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *