The U.S. stock market took a big jump yesterday, and everyone cheered.
There is a big school of thought out there that says we must not just bounce back from this downturn. We must come back changed. This isn’t just a great recession we’re in, they say. It’s “The Great Disruption” — nature and the economy hitting the wall, collapsing, at the same time.
Australian environmentalist Paul Gilding invented the phrase. American climate expert Joseph Romm says the free ride is over.