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The Climate Short: Hedge Funds Pile Up Huge Bets Against Green Future
(www.bloomberg.com)
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this post was submitted on 21 Oct 2024
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This is the dumbest bet you can make and more or less the definition of lose/lose- if we fail to move off greenhouse gasses, what kind of mad max style future are you hoping to be rich in?
They probably believe their money will keep all those problems entirely contained within the filthy plebs' living places. "Food is scarce? Oh well, tough luck, I can still pay! And I'll also throw some of it away so the filthy plebs can fight to eat it, a demonstration of how goodhearted I am!!"
Not even, they mostly just don't think about it. All they see is moneys, the end
But think about the INVESTORS!
All that money will keep them safe from the mad max, of course. /s
These hedge fund types are near-sighted idiots with horse blinders that can't see beyond the next quarter.