Why the next financial crisis could be green
I grew up in the sticks, scion of a family of small handicraft entrepreneurs. The people around me were working hard, making things or delivering services, and getting paid for it. Gaming financial markets were frowned upon as being a cheater who steals money through snake oil schemes. That was 40 years ago. How different the world is today. In today’s world financial services are everything and the rest of the economy seems to just co-exist. Like an add-on nobody really wants. That was bad before the green bubble hit us. Green and Climate extremism have put those unhealthy trends on steroids. Most of those ventures immediately collapse into nothingness when subsidies stop. We are living on vapors – and it’s going to fly in our faces when it all comes down. As it inevitably will.