30% more rainfall by the end of this century.
Oh shit
That, or "oh shit" , because of the weakening Gulf stream AMOC, temperatures will drop between 3 to 15 ○C (*) approx. according to KNMI ( Royal Dutch Meteorological Institute,) recent findings. So we, in the North, might need to skate our way around to get to places.
(*) pre-industrial levels temperatures ca 1850 -1900 CE.
I don't mind creating a proper European security investment market. But I most definitely mind an uncontrolled asset derivatives markets, which when abused, (and it will becasue they can) will most probably lead to a new financial crisis.
"The ECB also called on the Commission to draw on “the lessons of the global financial crisis, when opaque and complex securitisations led to excessive risk-taking,” warning that the EU should “ensure that securitisation does not create excessive leverage in the financial system by fuelling asset bubbles and hiding risks on bank balance sheets.