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Although I basically agree with you (Fear & Greed aren't just what drive the Stock Market) the problem is that the Politics of Fear seem (to me) to be far more
by kurthr 10y ago
Although I basically agree with you (Fear & Greed aren't just what drive the Stock Market) the problem is that the Politics of Fear seem (to me) to be far more dangerous short term... but if people aren't afraid of their frog being boiled, what are we to do?
Some form of global collectivism will be required to deal with extreme climate change, whether it is enforced by governments or insurance companies and banks.
Alternately, pull out and nuke it from orbit... it's the only way to be sure.