Climate warnings too conservative…

“All the climate warnings are actually very conservative. Things are deteriorating very fast. You can ignore it as politicians if you want to, and most of them do because it’s not on their time frame.”

So says well-known communist stooge, um… Jeremy Grantham, founder and chief investment officer of the £110 billion Boston-based fund manager GMO.

Quoted in Australian Financial Review 5th May 2011

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Below the surface...
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