It is in the own interest of US and Europe to help reduce world temperatures. But beyond that, it is also their historical responsability. China might be the largest consumer of coal today, but not for the last 200 years.
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WWII: Governments spend like crazy and use a variety of tools to regulate inflation. Creates full employment and bonds (war bonds) that are private sector net savings sitting at The Fed. Which continue to fuel economic growth as the bonds mature. Making households...
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2/. ... less reliant on bank debt to fund their expenses. Climate collapse is a hoax perpetuated by scientists to create full employment and private sector net savings
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People live in Beijing and Shanghai, they do have choices tmoving to other cities and states but they decide to stay. It is choice.
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