> Without even trying to tackle the real elephant in the room: climate change.

I've never been a climate change denier but I had secretly hoped it would occur slow enough that our economy could possibly adjust for it, over time. Judging by the weather chaos we've already started to see over the past few years it seems like an impossible dream now.

Our economy is predicated on a certain amount of climatic stability over time. a sort of "bounded expected risk". The more investment you have to make into risk mitigation the less you have to invest in productive pursuits. We will be stuck treading water, if we're even lucky, instead of swimming forward.