Some Reasons to Learn to Love Global Warming
4.Smart speculators could make a fortune shorting insurance company stocks as Climate Change drives those corporations into bankruptcy.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
4.Smart speculators could make a fortune shorting insurance company stocks as Climate Change drives those corporations into bankruptcy.
Read MoreThus we could face Great Depression level mass unemployment and civil unrest in 11 years. We need to act now before rampaging mobs of unemployed truckers and workers burn tech company campuses to the ground and hang engineers.
Read MoreThe bottom line is that Climate Change threatens Pacific Gas & Electric’s (PCG) financial health and survival.
Read MoreCompanies are likely to pull out of reinsurance because of Climate Change. Under those circumstances, publicly-traded insurers are likely to go private or sell out to hedge funds.
Property owners will face rising premiums because insurance companies operating costs are increasing. Reinsurance firms like Gen Re and Aspen underwrite property and other insurance properties. Consequently, insurers will pass higher reinsurance costs onto policyholders.
In summary, sell the beachfront and forest properties now. Prices for such properties are likely to plummet as insurance costs rise.
Billionaires like Kimmel and Buffett are outliers in Climate Change losses. They can afford to take a loss on beach property, most homeowners cannot.
Read MoreThe question to ask is not will the real-estate bubble burst, but when and how will it burst. There are many things that can pop the bubble, but 10 threats to the real estate market stand out.
Read MoreBill Gates has become a real life superhero who is out to save the world from climate change. The Microsoft
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