The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: yard_man who wrote (66322)	7/18/2006 5:37:34 PM
From: Tommaso	Read Replies (2) of 110194

>>>and it is really hot here, but I don't think it is global warming. Well within expected variation, imo.<<< Perhaps, locally. But all over the world glaciers are receding, permafrost is softening, the arctic icecap is starting to break up, and temperature records suggest a trend. I would rather not believe that to be true, but the evidence is everywhere. What I want to read more about is the possible benefits of global warming. In the temperate zones, it is cheaper to air condition against heat than to heat against wintry cold. With lots of nuclear-generated electricity, many areas in the United States could actually be better off. I have no idea what the rainfall patterns would be, but there is lots of rain in lots of tropical places. I think the credit and bond bubble will follow its own course independent, largely, of the weather. The chaos of extensive bankruptcies and dropping real estate prices (and stock markets as well) may interfere with finding solutions to climate changes.

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