I’ve been thinking a lot about the next looming crisis: Climate Change. On Bloomberg radio a few weeks ago, an analyst / money manager was talking about how his firm was looking at satellite imagery of pollution in China to measure their economic recovery. More pollution == “better”. Something is clearly unsustainable with that formula. Like the virus, the longer we wait to take action, the more expensive it is and t…
Except nobody actually thinks that.
This is only about finding a way to measure if life in China is returning to normal, without having to trust the Chinese authorities.