- Public pensions (eg, IL state government pensions) are going to explode because of unrealistic assumptions and chronic underfunding even if the unrealistic assumptions were correct.
- We're going to screw the pooch on global warming. If and when we do act, it will be so late that the price for a ton of carbon will be exorbitant.
There has to be some way to make money off of these known future failures. It's like having a 2020 Almanac. A very depressing 2020 Almanac.
So, in short, how can I bet against rational long term thinking?