Chicago Tribune (September 7)
“Homeowners located in areas that are expected to flood every 100 years are required to buy flood insurance…. But they pay rates far lower than the risks warrant. That gap deprives builders of incentives to stay out of low-lying areas that are vulnerable to flooding — or to elevate structures to keep them dry when the waters rise. It also promotes the destruction of wetlands that could reduce flooding. Oh, and it helps to tilt migration toward vulnerable coastal regions like those of Texas and Florida.”
Tags: Builders, Coastal regions, Destruction, Flood, Florida, Homeowners, Insurance, Rates, Texas, Vulnerable, Wetlands
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
South China Morning Post (June 27)
“Thanks to Brexit, a new global financial crash is looming. More vulnerable economies risk slipping back into recession and deflation will continue to get the upper hand.”
Tags: Brexit, Deflation, Financial crash, Looming, Recession, Risk, Vulnerable
Washington Post (June 21)
“These days, America’s recovery looks vulnerable to a lot of scary economic shocks. Most of these come from abroad…. But right now, the single biggest threat to the U.S. economy is the risk of a President Donald J. Trump.”
The Economist (May 21)
Before the WWII, available date suggests business “cycles aged like people…. the odds of tipping into recession rose as an expansion got older.” Since then, however, the data is counter-intuitive, indicative of “ageless recoveries.” “Since the 1940s age has not withered them: an expansion in its 40th month is just as vulnerable, statistically, as one in its 80th (each has about a 75% chance of surviving the next year).”
Tags: Ageless recoveries, Business cycles, Counter-intuitive, Data, Expansion, Recession, Vulnerable, WWII
Euromoney (August Issue)
According to economists, Indonesia’s economy may face a “double blow” from China and the U.S. “Indonesia is the emerging market most vulnerable to the consequences of the US Federal Reserve’s tapering of quantitative easing and to China’s economic slowdown.”
Tags: China, Economic slowdown, Emerging markets, Fed, Indonesia, Quantitative easing, Tapering, U.S., Vulnerable
Telegraph (November 1)
Morrison’s, the UK’s fourth largest supermarket chain, will give 10% of new jobs to the vulnerable unemployed, including the homeless and addicts. The chain plans to open a number of new stores and hire at least 10,000 people. Altruistically, the plan will help vulnerable individuals get back on their feet. Strategically, the supermarket believes “it can gain the most loyal and hard-working employees” by hiring individuals “who need a hand-up rather than a hand-out.”
Tags: Morrison's, UK, Unemployed, Vulnerable
