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

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To: GST who wrote (105430)	9/26/2009 4:02:16 PM
From: CalculatedRisk	4 Recommendations Read Replies (2) of 110194

Article: nytimes.com "Scientists say the pattern of the last decade — after a precipitous rise in average global temperatures in the 1990s — is a result of cyclical variations in ocean conditions and has no bearing on the long-term warming effects of greenhouse gases building up in the atmosphere. But trying to communicate such scientific nuances to the public — and to policy makers — can be frustrating, they say." No kidding! There is no question that warming is the overwhelming scientific consensus, and I've spoken personally with a Nobel winning scientist (a former professor of mine), and he is very concerned - and he isn't prone to exaggeration. We are definitely facing a serious problem. I consider climate change to be a global IQ test - and I tend to be an optimist, so I think we will pass. But I don't bother engaging the deniers. As you noted in an earlier post, the important discussion is about the solutions.

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