No - I am saying it would be a total HUMAN CATASTROPHE. We are talking the starvation and deaths of millions of people, most of which are the most vulnerable and poor on the planet. We will be facing wars over resources and the oil producing countries in the Middle East and Russia will totally implode causing a refugee crisis this planet has never seen.
And how would any of that be any different to how the najority of human beings experience Life today?
You've just described the 20th and 21st Human centuries, haven't you?
And all the scientists, economists, sociologists, Historians and anthropologists I pay attention to, say that World you are describing, will continue and get worse, if Humanity doesn't step up.
Only politicians and people who depend on the Fossil Fuel Sector for their income and status are saying it's the othet way around.
Why would I believe the latter group over the former?
BTW - are these the same banker friends that missed the housing bubble? Are these the same banker friends that missed the 2008 recession?
My Banking clients, colleagues and friends aren't in the business of making scientific predictions. They are in the business of making Money.
And they're really good at that. Much, much, *MUCH* better than you or I are Foota.
You think you know Money..? You don't know Money.
These people make smart investments, or they might as well kill themselves: a poor investment strategy will have the same effect on their careers.
And over the last 3-5 years, those investment strategists have begun divesting from Old Paradigm, fossil-fuel-based enterprises; and instead shifted to Sustainable Businesses.
Don't believe me?
Try and get a USD10m business loan or overdraft without having a credible Roadmap towards sustainability.
I'mnot saying bankers are also predicting Environmental Catastrophe as well. I am saying they are now backing Science over Politics.
On another note:
If you really understood "The Big Short", not only will you understand that my banking colleagues were fully aware of the Housing Bubble. You'll also understand they actively and purposefully drove its inflation, in the certain knowledge that few people would recognise what was going on; as they exploited that Bubble for their own gain.
The Crash was inevitable. I told you it was coming 9 months before it hit.
The only people who didn't see it coming, were those people who think they understand Money but in fact don't.