Climate change hype – worked example

10/07/2025

“Climate crisis on track to destroy capitalism, warns top insurer.

The costs of extreme weather events such as floods, bushfires and storms have nearly tripled in Australia since the 1990s, insurers have warned, with poorer communities disproportionately burdened.”

What they don’t mention is that money is worth half what it was back then, there are 11 million more people/immigrants in the country (+65%), and far more of them now live on flood plains and in fire zones (the shit parts that have be rezoned because of the ‘housing crisis’ brought on by those 11m extra people).

So yes, insurance payouts are 3x higher. But it’s mostly inflation, population, and stupidity – in about equal parts. In fact there are arguably less insurance payouts per capita if the total is adjusted properly.

And who knew you couldn’t have capitalism without insurance? Turns out capitalism depends on people being able to take risks without losing anything.

Insurers are after a taxpayer-funded safety net, dressed up as “resilience partnerships” and “risk-sharing frameworks.” They want governments to underwrite the losses that they don’t want to bear (i.e., all of them).

In other words, they want to exploit climate change fear mongering for profit.

This sort of shit just undermines any serious message. Slowly it adds up, overwhelms people with the weight of hypocrisy, and then otherwise sane people become sovereign citizens.