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The Climate Economy Is About to Explode

3 pointsby yankoffover 2 years ago

2 comments

incomingpainover 2 years ago
The climate economy is about to explode because politicians will be printing more money to give to unworthy corps? In essence also causing more inflation the opposite of what they are supposed to be doing?<p>&gt;Late last month, analysts at the investment bank Credit Suisse published a research note about America’s new climate law that went nearly unnoticed.<p>The same credit suisse who is in collapse? <a href="https:&#x2F;&#x2F;www.reuters.com&#x2F;business&#x2F;finance&#x2F;credit-suisse-fall-around-10-early-trading-2022-10-03&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.reuters.com&#x2F;business&#x2F;finance&#x2F;credit-suisse-fall-...</a><p>The same credit suisse whose own stocks are &gt;50% lower than 1 year ago. &gt;80% lower than 5 years ago.<p>And you&#x27;re taking advice from them?
infamouscowover 2 years ago
&gt; The IRA will “will have a profound effect across industries in the next decade and beyond” and could ultimately shape the direction of the American economy, the bank said.<p>Credit Suisse is both certain and also weaseling themselves out of aforementioned certainly by downgrading it to wishful thinking.<p>&gt; The report shows how even after the bonanza of climate-bill coverage earlier this year, we’re still only beginning to understand how the law works and what it might mean for the economy.<p>Everything in TFA is speculation. Not a shred of empirical evidence is ever mentioned. Despite all of that, I&#x27;m sure many pseudo-intellectuals will viciously argue in support of the headline on social media like the idiots they are.