Flawed Economic Models on Global Warming Risks

@whowasthatmaskedman Where I live insurance companies won't even offer fire insurance.

@Ynotisay And here you cant get flood insurance most places that flood. And STILL the prices go up..Global warming is hitting everyones bottom line. 😷

@whowasthatmaskedman Interesting how that works, huh? Those who really NEED the insurance can't get it.
We're lucky in that my state has a law that forces insurance companies to take part in a statewide system to insure those in high-risk areas. The insurance is shit, and more expensive, but when there's no choice, right?
But yeah. It's a bottom line issue. And we know who wins there.

@Ynotisay The House always wins.. The difference being who owns the House..😷

@whowasthatmaskedman Nailed it. 👍

@Ynotisay Here, in my country, although it is far from perfect, and money and corporate greed are not without influence, there is an expectation that the government is broadly looking out for the interests of the people, and/or the long term interests of the nation. Currently our conservative parties are in flux, some wanting to hold back the tide of the future and some wanting to change the racial/religious blending we struggled to achieve. That will soon spill into unstable leadership tussles where the lead candidate for the major party is a resurrected corrupt member who had previously pocketed $Millions in crooked water dealings. They have simply run out of better people. He is no Trump. But there again. Trump would never have got elected here in the first place..😷

@whowasthatmaskedman You're right. Trump would NEVER have been elected there. But our departure from both parties having differences but still working for the people, started crumbling when Reagan was elected. And the tribal mentality pushed by the GOP, through an assortment of strategies intended to manipulate through fear and anger, has only gotten worse. I hope countries in the EU are seeing how fragile it all is and don't repeat the same mistakes. You don't want this.