GhostOnTheHalfShell OP , 8 days ago @terrygrundy @economics-that-works The Lockean's are going to get a wake up call as climate change makes their property worthless monetarily. The level of destruction is jeopardizing the insurer solvency. If it goes under, so does property and lending and the economy with it, in a global financial extinction event. It's not funny, either. Not when one's parent's home will be some of the collateral damage. Not when Big Oil destroys everyone's homes. https://masto.ai/@GhostOnTheHalfShell/112725589036266393
@terrygrundy @economics-that-works
The Lockean's are going to get a wake up call as climate change makes their property worthless monetarily.
The level of destruction is jeopardizing the insurer solvency.
If it goes under, so does property and lending and the economy with it, in a global financial extinction event.
It's not funny, either. Not when one's parent's home will be some of the collateral damage. Not when Big Oil destroys everyone's homes.
https://masto.ai/@GhostOnTheHalfShell/112725589036266393