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Climate Change: Economic Crisis Ignored

Summary:
Climate change isn't just a minor inconvenience. It's more like a ticking time bomb. The idea that a 1.4% GDP drop is the worst we face is laughable. Imagine predicting a storm and only preparing for a drizzle. The reality is that climate change will wreak havoc on economies. It's not just about rising temperatures. We're talking about food shortages, energy crises, and social unrest. Countries will hoard resources like kids hoarding candy on Halloween. Those with enough food will stop exporting. And suddenly, nations that relied on imports will find themselves starving. The global economy is like a delicate house of cards. One gust of wind, and it all comes crashing down. Shipping costs will skyrocket as storms disrupt transport. Think of it like trying to

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Climate change isn't just a minor inconvenience.



It's more like a ticking time bomb.



The idea that a 1.4% GDP drop is the worst we face is laughable.



Imagine predicting a storm and only preparing for a drizzle.



The reality is that climate change will wreak havoc on economies.



It's not just about rising temperatures.



We're talking about food shortages, energy crises, and social unrest.



Countries will hoard resources like kids hoarding candy on Halloween.



Those with enough food will stop exporting.



And suddenly, nations that relied on imports will find themselves starving.



The global economy is like a delicate house of cards.



One gust of wind, and it all comes crashing down.



Shipping costs will skyrocket as storms disrupt transport.



Think of it like trying to navigate a flooded road.



You can't just drive through; you have to find another way.



And what about the financial markets?



They're already overvalued, like a balloon ready to pop.



When reality hits, asset prices will collapse.



This isn't just theory; it's history repeating itself.



The Great Recession taught us that economists can be blind.



They missed the signs, just like they’re missing the climate crisis.



We need to wake up.



The time for half-measures is over.



We must act decisively, or face the consequences.



The stakes are too high to ignore.



Our future depends on understanding the real impacts of climate change.



It's time to rethink our approach.



Because if we don't, we might just find ourselves in a world we can't recognize.
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

One comment

  1. all the western world needs to do is stop immigration, within a few generations there will be alot less people at least half as much. less people less emissions.. and the generations after that will be less and less because most people can't afford more then 1 kid..

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