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> Or that previously existing capital will suffice to fight long-lasting changes This. The Netherlands has been fighting high sea levels, and winning, for cent
by MagnumOpus 10y ago
> Or that previously existing capital will suffice to fight long-lasting changes
This. The Netherlands has been fighting high sea levels, and winning, for centuries. Rich places like NYC and the SF Bay can do so as well.
And of course: If food is only 15% of your disposable income, a doubling of global food prices is a nuisance; if it is 60%, a doubling of prices sends your family into starvation.