Thursday, December 10, 2009
The crystal ballers are at it again. Mr Kevin Parker is Global Head of Deutsche Bank Asset Management which is responsible for over $500 billion in assets globally. He’s not a scientist but his public prediction published in the New York Times is just too good to let go, what with it being such a slow news day today for global spontaneous combustion and the like.
“People often ask about the costs,” said Kevin Parker, the global head of Deutsche Bank Asset Management, who tracks climate policy for the bank. “But the figures people tend to cite don’t take into account conservation and efficiency measures that are easily available. And they don’t look at the cost of inaction, which is the extinction of the human race. Period.”Period! You got that – nil chance of being wrong, no qualification to his extinction of the human race due to man made global warming predication. The answer is obvious to Kevin, spend trillions of dollars in the next few (US45 trillion to be precise) decades (managed of course by banks) or die!
* Picture of end of the world courtesy of NASA’s Astronomy Picture of the Day *