Please do not mix economy with finance. They are hardly related anymore.
- 1 - The market will solve it!
- 2 - The money goes to a newly formed group of big companies in bed with a bank (because this allows the bank to create money out of thin air). Off course, the bank demands "securities" (for what?) and society is heavily taxed.
- 3 - Problem solved. At least, on the low-traffic pacific island where the "investors" now live.
What happened to him is totally unfair.
Yes. It is totally unfair, but nevertheless it seems quite fashionable.
The EPA can continue to undermine the someone's finance in pursuit of fairy tales.
There, fixed that for you. By the way, that is a good thing for an actual economy, as it is stopped from drowning, draught, etc. Some of these fairy tales are already fairly convincing.
Any connection to "climate change" was purely speculative on the part of the article writer
Indeed. It was probably the mortgage bubble that was responsible for this.
Well, you may laugh about that, but in the past that is exactly what happened, and we try to cover it up now in scientific circles.
It took a religious liberation to stop people to adhere to ancient texts that could only be interpreted by priests. People started looking for the Creator by investigating the creation. This religiously motivated search has added tremendously to science. For example, the Frederik Ruysch collection in the KunstKammer in St Petersburg is from that period.
Alas, we like to think that science is "neutral", just observing and deducing. Any other motives are left out of the educational system. So we learn that Newton saw an apple falling and wrote his laws. And then deduce Kepler's laws from them. It actually was the other way around: Kepler thought that the creation had to be "harmonic" and therefore brilliantly simple. So planet movements could not be governed by more than second order formulas. That (and being brilliant in measurement of position of celestial bodies) led him to discover his laws, from which Newton derived his.
Now I am not in favour or against religion, but I am very much against rewriting history. Especially in science. Some problems are much easier solved with one school of thought than with another. For example, Pythogoras' theorem is easily solved with greek math, and very hard with arabic math. Even schools of thought that you might considered "flawed" can accidentally yield insightful results. Suppressing any school of thought in science is a crime to science itself, and making even making science into a form of religion (with believers in "neutrality").