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Four Ways The Climate Crisis Could Trigger A 2008-Style Economic Crash

“But that could be quaint compared to what the physical and financial risks of a disaster are today due to climate change” reports Munich Re earlier this year drew an explicit connection between California’s wildfires and climate change, something no major insurance company had done before.The world was shocked when Hurricane Andrew slammed into South Florida in 1992, causing $15.5 billion in damage and bankrupting at least 16 insurance companies.

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