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E151: WW3 risk, War with Iran?, 4.9% GDP, startup failures growing, new Speaker & more
All-In with Chamath, Jason, Sacks & Friedberg
Rising Sea Surface Temperature and its Impact on Insurances
The rising sea surface temperature due to El Nino phenomena leads to an extraordinary rise in temperature in 2023, causing storms to intensify. These extreme conditions are not predicted by current models due to unprecedented energy stored in the oceans. The resulting increase in insurance rates impacts consumers, property developers, and mortgage holders globally.
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