If people truly believed that climate change will cause considerable hardships going forward, we would not see people loading up on debt and investing heavily in speculative assets such as tech-companies and crypto-currencies. People would be busy preparing for the upcoming changes. They would get out of debt. They would sell their speculative positions and invest in liquid assets as well as companies that will be of importance during years of agricultural stress.
History tells us that famine strikes the unprepared and the indebted far harder than the well prepared and debt free.
Four Horsemen of the Apocalypse
By Viktor Mikhailovich Vasnetsov - http://lj.rossia.org/users/john_petrov/166993.html, Public Domain, https://commons.wikimedia.org/w/index.php?curid=2649874
The fact that hardly anyone appears to be worried about their personal well being, while busy bickering over political issues, tells us that we are at the moment visited by the second horseman of the apocalypse. There is strife but no worries. The king thought of man-made global warming, represented by the first horseman, has ushered in a period of political strife.
However, all over the developed world we see an increase in human misery. The number of homeless people is on the rise. Food insecurity is becoming increasingly common. Poverty and hunger is on its way. The third horseman has entered the stage, and if we get the adverse changes to the global climate that everyone is harking on about, Death will soon follow.
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