Opinion: Time to celebrate? — The Daily Climate
Remember, the debt crisis is a crock: For every $1 of debt, someone has $1 of credit. The whole so-called "crisis" could be solved with renegotiation – pen and paper stuff – which would amount to a redistribution of wealth, a Republican specialty. It would cause much unhappiness, but not necessarily any deaths. In contrast, we can't renegotiate with nature: Blowing thru 2 degrees Celsius worth of warming, as we appear to be doing, could result in billions of deaths.