tag:blogger.com,1999:blog-816559531110064247.post4556836003734228829..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: Global cooling?Cam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-816559531110064247.post-46727513076852240262009-11-22T18:50:13.214-08:002009-11-22T18:50:13.214-08:00Great point, I had not thought about it that way.Great point, I had not thought about it that way.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-75143357518139370542009-11-22T15:24:29.883-08:002009-11-22T15:24:29.883-08:00Apparently Canada started Europe's last ice ag...Apparently Canada started Europe's last ice age when a massive ice wall collapsed.<br /><br />http://www.nationalpost.com/story.html?id=2226002<br /><br />I get my limited sunspot information from Donald Coxe site, but I can't put much credence on what the information implies.<br /><br />http://www.dailygalaxy.com/my_weblog/2009/11/is-a-new-little-ice-age-possible-scientist-says-yes.html<br /><br />"What are the possible effects on food production and commodity prices?" <br /><br />Monsanto the business oligarch seed maker, is the controversial genetically modified organism stock that has the moat and would be an invaluable holding. <br />Third world countries and Europe/northern hemisphere regions may have to resort to using a seed strain that gives short term results at the cost of environmental soil destruction with associated longer term detrimental health conditions of their populace.keithpiccirillohttps://www.blogger.com/profile/16713240199705068281noreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-36459573318901934802009-11-22T14:08:02.837-08:002009-11-22T14:08:02.837-08:00Thats an interesting take, regarding commodity pri...Thats an interesting take, regarding commodity prices, I hadn't thought of that. What you should also consider is how the underlying political dimension of this debate will play out. There's a vested drive to install a global carbon credits market as a panacea for climate change, anyone who understands markets should be able to tell that a credit market cannot offset the risks of emissions destabalizing the climate, it can only distribute risk that the carbon credits will not, at the price paid, be redeemed above par when doing taxes and such. Its just another debt-based political screw job. <br /><br />So, if there's a genuine debate that emerges based on leaks like this, and it was not "supposed" to emerge according to the vested interests of those who would greatly profit making markets in carbon credits, then we have some interesting chaos. If the carbon markets comes into play the economic knock-on effects would be profound and pervasive, and probably inflationary. If support cannot be rallied to bring a global carbon market to the fore, then we'll get a whole different profile for how most industries run. I can't pretend to know what will happen or even what pricing effects would play out in either case, but maybe as things proceed we'll get a better idea and be able to act on it before prices move dramatically.Patrickhttps://www.blogger.com/profile/13614962832390315553noreply@blogger.com