silence7@slrpnk.netM to Climate@slrpnk.netEnglish · 16 days agoHSBC convenes meeting of UK banks over climate risk | Central banks have warned that floods, wildfires and rising seas could trigger defaults among household and corporate borrowerswww.ft.comexternal-linkmessage-square1linkfedilinkarrow-up14arrow-down10file-text
arrow-up14arrow-down1external-linkHSBC convenes meeting of UK banks over climate risk | Central banks have warned that floods, wildfires and rising seas could trigger defaults among household and corporate borrowerswww.ft.comsilence7@slrpnk.netM to Climate@slrpnk.netEnglish · 16 days agomessage-square1linkfedilinkfile-text
minus-squaretrailee@sh.itjust.workslinkfedilinkarrow-up3·16 days agoNobody is going to pay off their mortgage balance after their insurance company stiffs them or short changes their payout because that leads to higher insurance profits.
Nobody is going to pay off their mortgage balance after their insurance company stiffs them or short changes their payout because that leads to higher insurance profits.