U.S. Treasury Secretary Yellen warns inaction on climate could cause economic crisis

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Janet Yellen says the increasing frequency and severity of natural disasters could create devastating short-term supply reductions of everyday goods

U.S. Treasury Secretary Janet Yellen warned Tuesday of economic calamity if climate change is not addressed with immediate government intervention.

“Here in North Carolina, you remember well the devastating toll of Hurricane Florence. That disaster killed 22 Americans. It led to $24 billion in damage and left a million North Carolinians without power,” Yellen said. Yellen said spending will be particularly impactful in “non-coastal communities that have suffered from disinvestment.”

Yellen is the third Cabinet member to visit North Carolina in September alone, following visits from Environmental Protection Agency Administrator Michael Regan in Warrenton last weekend and Vice President Kamala Harris in Durham on Sept. 1.The Republican National Committee called Yellen’s trip to North Carolina “ironic,” accusing her of touting so-called solutions to economic problems that she and the Biden administration created, said spokeswoman Taylor Mazock.

The White House hosted more than 50 North Carolina leaders for a forum last week on how Biden’s policies could benefit working class communities in the Tar Heel state.

 

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Total absurdity as the entire theatre is fabricated to break the economy & people’s livelihoods…

More Green Washing

Inaction on economic crisis could cause depression or worse.

It has to be a global effort. Corruption in China, India, Brazil and other countries where the environmental laws are govern by fat envelopes and foreign back accounts.

In case you hadn't noticed, there's a war on.

lol

The lady who said inflation was only transitory lol

So now Yellen is an expert on climate. Lol

Bullshit. Blame the air for Rothchilds and their mob stealing all the money

Could? Little late on that one

Think she needs to stick to her portfolio which is a mess!

Being a member of the Fed & the Bidenflation regime HAS caused an economic crisis.

jeez ... isn’t that Yellen the same one who never normalized interest rates because she was always ‘ waiting and watching ‘ ...... fire these shmucks

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