A wildfire rages, displacing tens of thousands. Droughts ravage crops, leaving tens of millions hungry. An African nation sells off some of its famous wildlife. Bleaching harms stretches of the Great Barrier Reef. What's happening? El Niño.
Yes, and Trump thinks global warming is not real, and promises to cut down the Environmental Protection Agency What is $ in the bank if we have no planet to live or eat from? Trump only things about $. He is a menace to the world
When a company sells any goods or services, the costs of labour are supposed to be part of doing business. Yet major corporations, very profitable corporations, pass off a good sized chunk of that cost on to you. Including those of you who chose to not purchase their goods or services in the first place.
First, of course, are the political implications. Second, these are millions upon millions of people who were voting against their pocketbooks. The third shock is more personal: my apparent over-reliance on the prediction markets, and on economists like Justin Wolfers who do as well.