Climate crisis on track to destroy capitalism, warns top insurer. The damage at 3C will be so great that governments will be unable to provide financial bailouts and it will be impossible to adapt to many climate impacts.

https://www.theguardian.com/environment/2025/apr/03/climate-crisis-on-track-to-destroy-capitalism-warns-allianz-insurer

by The_Weekend_Baker

6 comments
  1. Well maybe use your influence to push the green transition. You are part of the problem

  2. Yep, folks just assume the global supply chain will keep on ticking. Remember shortages during Covid? That was like the kids backyard GarageBand compared to the coming rock concert.

  3. The governments have already hypothecated the labor of the next 3 generations, even if the climate was perfect, I don’t think any more bailouts would be possible.

  4. Not capitalism. Take anything but our beautiful capitalism 😭😭😭😭

  5. capitalism destroying capitalism through its own hubris 

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