Save humanity? We aren't interested in saving humanity. We want all of the money in our bank accounts. We have tea bags to buy don't you know.
</snark>

Thanks for the pointer to that article, Bob.

Krugman is the guy to whom you can always turn to give you perspective.
Everyone else might be running around screaming, "Where is the underwear?", "Quick, we need spatulas!", and, "Giant spiders are taking all the canned goods!" We've all been there...one of those scenes where it's hard to know just what to do or to whom you should be paying attention.
Krugman has a very concise way of shoving all that insanity to the side, shutting off the gas main and reminding you that keeping a cool head is really the key element to survival.
Of course, if you ever see Krugman at a full trot with a spatula in each hand and large cans of RAID stuck in his belt, all bets are off.

The reason I don't like the "cap and trade" agenda is that it creates yet another market that almost every investor will not understand. It will yield huge profits for a time, and then, it's bubble will burst.

I told you six months ago, the next bubble to burst will be green.

@ PPP

Isn't that the nature of any successful financial expansion?

They all operate like bacteria in a petri dish, expanding because there's room, desire to grow and the resources to support it. It works like a charm for every individual bacteria and the culture as a whole...until the second or third derivative function kicks in about the point the petri dish is half full. Then, after one more generation, the petri dish is...well...fully full.
There's no more room for growth, and no resources to support the existing culture.
Even without the almost infinite list of fragile external factors that might impact, in degree and in concert with one another, the course of the process, it seems to be a fairly certain assumption that all markets eventually collapse under the weight of their own success.

cousinavi,

Government included?

Save humanity, I'm glad someone said this, because global warming, or...climate change, should be put front and center, who cares about our direct needs for national protection/border security, those who want to destroy America have to stay cool too!

Sillyfaced,

Keep in mind the reason we can effect global policy so much is because we have large bank accounts, darn catch 22. The counter to your point, if we didn't want money in our bank accounts, would humanity be saved?

I just did my taxes, sorry to be antagonistic.

Very Good Site mature older women >:((

@ Bob42

Government, as an abstract concept, continues to exist so long as two bacteria are left alive and they have some agreement between them as to how to go about things.

Government as a bureaucratic critter - a concrete operation of the principle - has clearly followed the path. It has grown bigger and bigger, chewing up more and more resources and is, I submit, about to be forced to find a fresh model...the analogous "green economic bubble" from PPP's OP.
This is why you hear so many arguments about "going socialist". There isn't a "new government model" to turn to...no green economic model of civil management. There's only reorganization along principles which currently exist under tension with each other.
So, faced with the apparent collapse of free-range capitalism, and a large bloc of folks clawing around for the new way of operating the petri dish, those who have been doing well during the expansion tend to invoke the horror words from the last time we ran short of agar.
Better technology can take us a long way, but eventually the photosynthetic ceiling (or some other fragile tipping point) pushes the bacteria into a soylent green situation.

as opposed to the younger older women?
avi, the image of Krugman running around with spatulas and raid is gonna stay with me for a while. thanks for cheering up my morning.

ppp, unless you would prefer to live in a climate controled hazmat suit i would not be so eager for your "prediction" to become reality so you can say "told ya".

if by the "green bubble bursting" you mean bullshit brands slapping the word natural on a bottle because they didn't put dye into the product, then yes it will burst. but major environmental policy such as the energy cap and trade is absolutely necessary!

BCGAB!!! Now with spam!

Welcome to the big time, BC. Time to rack up a filter.

perfect design thanks imagefap po-ju pqq

ah, geez...it's not even Wednesday!

real beauty page redheads at freeones 902