Institutional Investors (June 11)
“When the U.K. secedes from the EU, it will abandon 70 years of globalization. It will turn away from a world order that increasingly relies on supranational institutions to check the power of extremely wealthy individuals and corporations like Apple and Facebook, with market capitalizations far bigger than the GDPs of most nations.” The potential consequences of Brexit leave many in the City of London feeling threatened, but there is “a coterie of hard-right, wealthy businessmen” who are delighted about “rolling back globalization to protect their positions of power — all in the name of populism.”
Tags: Brexit, Consequences, EU, GDP, Globalization, London, Market caps, Populism, Power, Supranational institutions, U.K., Wealthy businessmen, World order
Washington Post (April 18)
“Nothing like this has happened in human history…. Men outnumber women by 70 million in China and India.” The results are “far-reaching: Beyond an epidemic of loneliness, the imbalance distorts labor markets, drives up savings rates in China and drives down consumption, artificially inflates certain property values, and parallels increases in violent crime, trafficking or prostitution.” Moreover the consequences extend all the way to Europe and the U.S.
Tags: China, Consequences, Consumption, Distortions, Europe, Imbalance, India, Labor markets, Loneliness, Men, Property values, Savings, U.S., Violent crime, Women
Reuters (June 9)
“Despite her dramatic electoral upset, British Prime Minister Theresa May appears determined to stay in office. In the short term, she could yet manage it. But the longer-term consequences may well be disastrous for her country.”
Tags: Consequences, Determined, Disastrous, Dramatic, May, Prime minister, UK, Upset
Wall Street Journal (January 31)
“Political disruption has its uses but not if it consumes your Presidency in the process.” Donald Trump “seems determined to conduct a shock and awe campaign to fulfill his campaign promises as quickly as possible, while dealing with the consequences later.” Unfortunately, governing effectively “is more complicated than a campaign rally” and the “bonfire over his executive order on refugees shows that government by deliberate disruption can blow up in damaging ways.”
Tags: Awe, Blow up, Consequences, Damaging, Disruption, Executive order, Governing, Government, Presidency, Promises, Rally, Refugees, Shock, Trump
US News & World Report (December 28)
“It was about 37 degrees Fahrenheit warmer in the Arctic in November than it usually is this time of year. The week before Christmas, it was 50 degrees above the usual average. That is, to put it mildly, something quite out of the ordinary.” Even more troubling, “what every scientist in the world studying the Arctic knows is this: what happens in the Arctic doesn’t stay in the Arctic; and global warming is now permanently altering the region in ways that will have untold consequences. In fact, the Arctic system has changed so dramatically that it may now be vulnerable to tipping points that affect the entire planet.”
Tags: Arctic, Christmas, Consequences, Global warming, Planet, Tipping points, Troubling, Vulnerable
The Week (December 8)
“Donald Trump is obviously a great man…. But you don’t have to be good to be great.” Trump is has proven himself to be a “unique force.” He will soon “be president of the United States, for good or ill, and if one thing is certain, it’s that it will have momentous consequences one way or another.”
CNN (December 1)
“Nearly every piece of plastic ever made still exists today. More than five trillion pieces of plastic are already in the oceans, and by 2050 there will be more plastic in the sea than fish, by weight… Some 8 million tons of plastic trash leak into the ocean annually, and it’s getting worse every year. Americans are said to use 2.5 million plastic bottles every hour.” The potentially catastrophic impact largely lies beyond our gaze in remote places, like Midway Atoll, where birds are dying from plastic consumption. There is now also “growing evidence that fish may prefer eating plastic to food,” and that the nano-plastics and styrene that make their way into the food chain could have profoundly negative consequences for humankind.
Tags: Birds, Consequences, Consumption, Evidence, Fish, Food, Food chain, Midway Atoll, Nano-plastics, Oceans, Plastic, Remote, Styrene
Financial Times (June 30)
“The UK’s decision to leave the EU will not have any immediate, direct negative consequences for the ratings of states and major banks across Asia Pacific,” according to Fitch Ratings who also warned that “Japan could prove the exception…given the yen’s haven status and resultant strengthening posing a risk to policymakers’ planning.”
Tags: APAC, Banks, Brexit, Consequences, EU, Fitch, Haven Risk, Japan, Negative, Ratings, Sovereigns, UK, Yen
Chicago Tribune (May 18)
“The danger of pot is commonly exaggerated.” Four years ago when Colorado legalized marijuana, there were all sorts of fears regarding negative consequences. These haven’t materialized. “Legalization has been remarkable for how unremarkable it’s been.”
Tags: Colorado, Consequences, Danger, Exaggerated, Fears, Legalization, Marijuana, Negative, Pot, Unremarkable
Chicago Tribune (July 11)
“By voting no in last Sunday’s referendum, and by such an impressive margin, Greece won itself a moment’s elation — and may come to regret the consequences for years. It was one more in an absurdly extended series of miscalculations.”
Tags: Absurd, Consequences, Elation, Greece, Miscalculations, Referendum, Regret, Vote
