Outlook for Disasters Globally

From Forbes Magazine: The Next Global Refugee Crisis Will Be Caused By Environmental Disasters. Some rather alarming news about mostly man-made disasters:

The next big migration wave won’t be caused by war or hunger. It will be caused by environmental disasters. People will be fleeing cities and countries to escape environmental pollution that makes life short, sick, and unbearable.

The global consequences of environmental disasters are enormous for everyone, including for investors in global markets. For the countries most affected, this massive migration wave will undermine economic growth, property values, and financial asset valuations—a risk investors must factor into their calculations when they buy into financial and real estate assets in highly polluted countries.

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One Response to Outlook for Disasters Globally

  1. plodinec says:

    This isn’t news; it’s opinion. When terms like “massive” and “highly polluted” are used without quantification you have a prediction that can’t be falsified. One of the reasons that economists make crystal ball readers look scientific!

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