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To paraphrase, dont get panicky, get even. This is a long-term marathon that will change all societies and economies one way or another. The objective is to mak
by nologic01 3y ago
To paraphrase, dont get panicky, get even. This is a long-term marathon that will change all societies and economies one way or another. The objective is to make sure its eventually a better place. This transormation is not going to be the result of panic thinking or action. GDP, stocks etc are not eternal constructs, they were invented and adopted in a certain context. Well that context is falling apart. But the new constructs are not born yet.
There might be some easy, immediate "quick-wins" in change of behaviors or new technology, but they are not that many, or particularly impactful. Take for example coal. In various places they thought that eliminating it is a no brainer. Its dirty, lots of CO2 emissions etc. Well guess what. Many poorer countries only have access to coal and they are not particularly keen to remain energy poor to make up for the historical excesses or others.