That's a lot of money coming out of American taxpayers to cover the costs of global warming-intensified storms in spite of many politicians still refusing to acknowledge that global warming even exists. These 1/3 to 1/2 trillion dollar storm recovery cost estimates also do not include the total costs of this year’s western firestorms or any of the other global warming-intensified catastrophes of rain bombs, flooding, crop failures and droughts plaguing the U.S.
Worse yet, the predictions for how large the total annual global warming-related costs to nations around the world will become ranges from 5% of total gross domestic product (in the Stern report) to 10% of the total GDP (from the book Climate Shock) to up to 30% of the total GDP in the final near-extinction phases of the Climageddon Scenario as described in the new book Climageddon, The Global Warming Emergency and How to Survive It.
As global warming continues to escalate, the nations of the world will soon be forced to begin cutting the costs of welfare and social services, education, healthcare, and finally the cost of their militaries and governments. They will be forced to make deep cuts in those areas to prevent the escalating costs of global warming catastrophes from driving them into bankruptcy or collapsing their economies.
This article provided by the research and editorial team at JobOneforHumanity.org
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