4 ms·
> Could Trigger the Next Global Financial Crisis So could a new eruption of Yellowstone, e.g., put a layer of ash 1000' thick 1000 miles downwind, another flu
by graycat 7y ago
> Could Trigger the Next Global Financial Crisis
So could a new eruption of Yellowstone, e.g., put a layer of ash 1000' thick 1000 miles downwind, another flu like in 1918, a nuclear war, a supernova explosion only a few light years away, same for a gamma ray burst (blow the atmosphere off the earth, since it comes at the speed of light, can't see it coming until it is already here), a marauding black hole (tough to see coming until too late), some bump in the asteroid belt that knocks a rock to the earth like 65 million years ago, etc.
More generally for lots of cases of event A, as above and many more, we have the true statement
Event A Could Trigger the Next Global Financial Crisis
Yup. But there is a nice result in stochastic processes, the renewal theorem, in
William Feller,
An Introduction to Probability Theory and
Its Applications,
Second Edition,
Volume II,
ISBN 0-471-25709-5,
John Wiley & Sons,
New York,
1971.
that shows that the events that
"Could Trigger the Next Global Financial Crisis"
arrive as a Poisson arrival process (e.g., like Geiger counter clicks). Moreover, without looking up the details, we have an estimator for the arrival rate, and it is low except for the stock market doing again what it did in 1929 and 2008, and by now with those two examples we're supposed to know better. So, we can worry instead about Yellowstone, asteroids, black holes, etc.
For a simpler explanation of the original post, poor Atlantic magazine needs "click bait".
Or the consequences of human caused climate change are totally irrelevant if human caused climate change doesn't happen, and the evidence now is that such climate change is no threat at all.
What about the chances of "climate change"? The review I trust is
The Great Global Warming Swindle
at
https://www.youtube.com/watch?v=52Mx0_8YEtg\ https://www.youtube.com/watch?v=52Mx0_8YEtg\
In particular pay close attention to MIT prof Lindzen.
That is, the whole concern about humans having any significant effect on the climate, past, present, or foreseeable future, is just a flim-flam, fraud scam driven heavily by people after a hidden agenda on other issues for which big responses, e.g., the $1 T for AOC or Gillibrand, to human caused climate change is a means to power and/or money.
Net, there is no good evidence at all that humans have had anything at all significant to do with the climate, in the past or recent present. Indeed, as in the video documentary, all the good scientific evidence is that there has been no significant climate change due to humans nor will there be for the foreseeable future. In a word the whole concern about the climate is just a scam.
Don't put up with the scam. JUNK IT. CALL IT OUT.