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Dec 1, 2022Liked by Fictitious Capital

its pretty long imo

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I have been thinking about the Norwegian pension found (The oil found). If the predictions of global warming from ExxonMobile in the 70s holds. https://www.science.org/doi/10.1126/science.abk0063

This global warming will affect the economy drastically at some point. We are after all biological. https://climate.nasa.gov/explore/ask-nasa-climate/3151/too-hot-to-handle-how-climate-change-may-make-some-places-too-hot-to-live/

This affects livestock also.

The wealth accumulated in the Oil found will become gradually worthless after some point or is economics and the stockmarket so out of touch with the real world that it dosent matter?

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author

I think the stock market is actually tied to the real economy.

You might find this new report interesting: https://carbontracker.org/the-climate-risk-delusion-under-pricing-climate-risk-contributes-to-climate-change-itself-and-puts-global-pension-wealth-in-peril/

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