Earlier quoted context omitted.
Only if you look forward to living through it, or your offspring suffering more/sooner.
Except the elite won't suffer.
Except the elite enjoy the status quo.
How Big Business Is Hedging Against the Apocalypse
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Re: How Big Business Is Hedging Against the Apocalypse
#22If you're interested in this area, Oasis Loss Modelling Framework is an open-source effort by the insurance industry to try and understand the risks associated with climate change and other catastrophes: https://oasislmf.org/our-modelling-platform
Re: How Big Business Is Hedging Against the Apocalypse
#23How do I short Miami and New Orleans on a scale of 30 years?
Re: How Big Business Is Hedging Against the Apocalypse
#24How do I short Miami and New Orleans on a scale of 30 years?
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Re: How Big Business Is Hedging Against the Apocalypse
#25So if your portfolio depends on the apocalypse, don’t you now have an incentive in expediting it?
Only if you look forward to living through it, or your offspring suffering more/sooner.
Your missing the point of view of a large component of GOP support in the USA - if one views the apocalypse as a desired result to per Revelations in the Old Testament, then the second coming of Jesus occurs and the apocalypse happening in Israel is a prerequisite. Cabinet members going back to the Reagan administration openly said this was why the EPA needed to expedite the extraction of mineral resources.
Re: How Big Business Is Hedging Against the Apocalypse
#26Capitalism destroys the environment by design. I mean the profit-and-loss equation literally works out to "sacrifice everything". Check out the coast of the Dominican Republic : https://gfycat.com/mistyacrobaticbonobo-r-sciences
The reason you often see images like this in third world countries, but not in first world countries, is that third world countries dump a lot of their trash in waterways/the ocean compared to first world countries. Maybe you already know this, but I think a lot of people see images like this as evidence of the first world fucking over the third world when it's really a local problem.
consider ocean currents
Re: How Big Business Is Hedging Against the Apocalypse
#27How do I short Miami and New Orleans on a scale of 30 years?
Bring enough money to a bank with the trade and they’ll make you a market. Probably nothing with that kind of maturity on any exchange.
Re: How Big Business Is Hedging Against the Apocalypse
#28I wrote a similar piece a few years ago:
https://www.bloomberg.com/news/articles/2013-03-07/investors...
There is no hedge against the apocalypse. But some people will create enormous shareholder value during the runup.
Re: How Big Business Is Hedging Against the Apocalypse
#29How do I short Miami and New Orleans on a scale of 30 years?
Default swaps on state/city bonds (spoiler alert - you can’t)
Re: How Big Business Is Hedging Against the Apocalypse
#30"Chaos is a ladder." ?