eleitl@lemm.eeM to

Collapse@lemm.ee · 1 month ago

Climate Change Could Become a Global Economic Disaster

www.nytimes.com

cross-posted to:
climate@slrpnk.net

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Climate Change Could Become a Global Economic Disaster

www.nytimes.com

eleitl@lemm.eeM to

Collapse@lemm.ee · 1 month ago

cross-posted to:
climate@slrpnk.net

New warnings from financial firms and insurers point to a future defined by profound risks to the global economy from heat, storms and other disasters.

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underisk [none/use name]@hexbear.net
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1 month ago
That’s like saying nuclear war could hurt the global economy. True, but there’s probably more significant reasons to be concerned.

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Collapse, in this context, refers to the significant loss of an established level or complexity towards a much simpler state. It can occur differently within many areas, orderly or chaotically, and be willing or unwilling. It does not necessarily imply human extinction or a singular, global event. Although, the longer the duration, the more it resembles a ‘decline’ instead of collapse.

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