Global Climate Bubble

Based on foresight by Financial Crisis Observatory, humanity in the Anthropocene has already caused a bubble. The global ecological state has shifted due to the increased population affecting ecosystems. The percentage of lightly affected ecosystems has decreased and there is an increased percentage of Earth’s ecosystems that show state shifts. The whole global ecosystem is like a financial or housing price bubble that is going to burst and shift into a new regime. 

The consequences of this graphic are clear. Rather than focusing on the fossil fuel industry, that should be totally shutdown, we should strive to increase productivity, human capital and knowledge in sectors of the economy that produce real value.  This opportunity spreads from the many challenges humanity faces in the 21st Century. I doubt that we will face this reality before a catastrophe overwhelms us, but I have faith at the same time that we will overcome the crisis and come out of this era having faced down our enemy, ourselves, and be determined to improve the Earth’s ecological state to include humanity.

Reference

Didier Sornette: How we can predict the next financial crisis

FILMED JUN 2013 • POSTED JUN 2013 • TEDGlobal 2013

http://www.ted.com/talks/didier_sornette_how_we_can_predict_the_next_financial_crisis.html