Extreme heat could trigger the worst global financial crisis ever seen

Thanks to globalisation, severe heatwaves in one part of the world can cause financial losses in another. Annual losses could reach as much as $25 trillion by 2060 if we don't curb emissions, dwarfing any previous financial crisis

Divergences and concerns grow at G7 finance ministers meeting, a preview for US’ failure to besiege China at leaders’ summit - Global Times

A Brief History of Financial Crises - Keno Leon - Medium

So we seem to be and/or are going into another financial crisis in this year of the Rabbit 2023 and like clockwork we seem as surprised pikachu as ever, it’s hard to summarize money and the why and…

It’s Still Unstable After the Swiss Avalanche

Can there be only one? The desperate takeover of Credit Suisse by UBS may fend off a crisis, only to push banks further toward natural monopolies.