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Nice financial stability you got there. It'd be a shame if someone came and took it. In all seriousness, financial stability is wholly a product of political s
by jdietrich 8y ago
Nice financial stability you got there. It'd be a shame if someone came and took it.
In all seriousness, financial stability is wholly a product of political stability. The main risk to humans posed by climate change is political instability resulting from natural disasters, resource conflicts and large-scale displacement. You don't need to be a historian to recall multiple scenarios during the 20th century where financial stability would have had negligible impact on your ability to survive and thrive.
Unless you're sufficiently wealthy to hedge against geopolitical crises and can afford private security contractors and generous bribes, being financially stable just makes you a target. The very poor tend to cope better than the middle classes during periods of extreme instability, because they have the skills and the social network needed to survive. When banknotes become worthless, the shelves are bare or they're forced from their homes, they're not suddenly plunged into chaos - they're on familiar ground.
When was the last time you were absolutely flat broke? When was the last time you didn't know where your next meal was coming from? How many people in your life do you know for certain would risk their lives to protect you from armed thugs? For many people - including many Americans - these questions are not hypotheticals, but facts of life.
- mieses 8y ago"The very poor tend to cope better than the middle classes during periods of extreme instability" True, the gilets-jaunes are showing remarkable resilience in the face of instability caused by unsustainable taxes imposed by their managerial class and its armed thugs (riot police).