WORLD'S LEADING FINANCIAL FORECASTER

International LEADERS Calling Market Crashes Years Ahead
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'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"

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Thursday, September 5, 2013

#California Smoke Gets in Your Eyes


Smoke from the Rim Fire

NASA Satellite View

Earlier we posted an important climate economic graph reflecting the upward shift in temperatures in six California regions - 1950 to 2010. If there are any doubters out there who think that a warmer climate is not causing displacements and health hazards to human conditions then they are certainly missing the tides of what may come. Major wildfires such as Yosemite pose not only health and living hazards, but the economic costs associated with containment and prevention may become overwhelming for a State already struggling with its finances.

And the wildfire damage also leads to further erosion in the quality of top soil. This means when the rains do come the coastal mountains respond by covering the scenic PCH with tons of fallen earth. Again giving rise to more costs to be born as the  sequential consequences of a warming climate   

Furthermore, fears of fire triggered by the smallest ember could lead to stricter regulations on campfires, barbecues, fireworks and maybe even smoking of any sort.These regulations would also affect other industries, commerce and tourism. At this point, no one knows what to anticipate as the climate's rising temperatures makes many areas much dryer. 

For sure, if conditions persist, the State will not be able escape deep economic consequences in the years ahead. Adding another concern to our list of non-financial metrics.

Dr Peter G Kinesa
September 5, 2013



  "On a dark desert highway, cool wind in my hair
Warm smell of colitas, rising up through the air..
 Welcome to..."
Eagles, Lyrics Hotel California

   

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