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Inflation Hits 15%, Fossil Fuels Boom,Here Are The Predictions For 2022

Inflation Hits 15%, Fossil Fuels Boom,Here Are The Predictions For 2022 | Online Marketing Tools | Scoop.it
For the first time since the second world war, U.S. inflation could hit 15% in 2022, as a perfect storm of events creates massive price increases. So says Saxo Bank, in its “outrageous” predictions for the year ahead. But the logic it sets out in its latest report does not seem so far fetched.


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maxwell kool's curator insight, December 6, 2021 7:48 PM

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milena stephen's curator insight, December 7, 2021 10:06 PM
Although this article mentions several times that the predictions of this Saxo Bank are "outrageous", it's predictions are still really scary and probably spot on, just maybe not in the time frame they've set. The thought of inflation going up by that much in just a year is almost hard to believe and yet their reasoning for the 15% prediction makes logical sense and could easily happen. It's kind of crazy to think about all the repercussions that could occur if inflation went up by that much especially in just one year and how much our daily lives could be affected by just next year. The thought of another arms race is also terrifying to be a possibility at all, even if it doesn't happen in 2022 or even 2023.
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How Are Developing Countries Spending Climate Financing Money?

How Are Developing Countries Spending Climate Financing Money? | Online Marketing Tools | Scoop.it
Over the past decade, rich nations and private enterprises have raised at least $500 billion to help developing countries cope with climate change. This financing plan, hatched in 2009, was suppose…
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milena stephen's curator insight, November 21, 2021 10:32 PM
I really like the idea of creating a plan to raise money for developing countries to spend on counteracting the effects of climate change. However, I don't know how effective it will really ever be since a lot of developing countries are controlled by corrupt governments that don't use the money they have to help the people. Like the article said, the money that is meant to be designated for climate change is very hard to track and there are countless loopholes that could be used to avoid using the money to really help the environment.
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What The Outcome Of COP26 Means For The Fight Against Climate Change

What The Outcome Of COP26 Means For The Fight Against Climate Change | Online Marketing Tools | Scoop.it
While addressing the 26th UN Climate Change conference in Glasgow, Scotland, during the final hours of the event, COP26 President Alok Sharma was overcome with emotion. China and India had just proposed a last-minute change to the final text of the agreement, known as the Glasgow Climate Pact, so that the call to “phase out” unabated coal power and inefficient fossil fuel subsidies was watered down to “phase down.”
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How America’s Richest People Can Access Billions Without Selling Their Stock

How America’s Richest People Can Access Billions Without Selling Their Stock | Online Marketing Tools | Scoop.it
On Saturday, Elon Musk promised to sell 10% of his Tesla stake after 58% of people voted in a Twitter poll shared by the Tesla CEO. Yesterday, Musk began to follow through, exercising about 2.15 million Tesla stock options and selling shares to cover the taxes he owed as a result. Prior to this week, he has only ever sold Tesla shares twice—in 2010 and 2016—for pre-tax proceeds of $617 million ($593 million of that went to cover taxes he owed on options). Tesla’s stock has risen over 13,000% since his last sale, and Musk is now worth an estimated $281 billion (based on Wednesday’s closing price).


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