The sea level in Miami is rising inexorably as a result of rising global temperatures (and no, the land isn't sinking) So what are they doing to keep up?
Essentially, they're raising streets and sidewalks. How much higher and how often will they have to do this? Streets and sidewalks have been raised 3 feet. What happens when the sea rises another 3 feet, and floods over the edge of the raised area into the shops and offices and homes which are now 3 feet below street level?
And Florida still votes Republican!
Read more here.
Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. I do make mistakes, but I try hard to do my analysis thoroughly, and to make sure my data are correct. Remember: the unexpected sometimes happens. The expected does too, but all too often it takes longer than you thought it would.
The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.
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