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Well, howdy there, internet people people let's go again so today we're going to talk

about 2049 2049 I can remember when that was really far away. We'd have like flying cars and

jet packs by then. But it's just 25 years from now. So we will talk about 2049, 38 trillion dollars and 11% of your

paycheck. Why?

Because a pretty interesting study came out from the Pottsdam Institute.

And what it says is that over the next 25 years there's going to be a 19% reduction in global

income, 11% in the United States.

The median income reduction.

11%.

Our analysis shows that climate change will cause massive economic damages within the next 25 years in almost all countries around the world,

also in highly developed ones such as Germany and the United States, with a projected

median income reduction of 11% each,

and France with 13%.

Short version here is that unless you live in a country that like borders the Arctic

this hurts you. You have a reduction coming and you're going to make less money.

I want you to imagine how you would react if Congress decided to raise your taxes by 11% to increase

...