Insurance risks threaten the economic system

🌍 The next major financial crisis is born in the climate crisis – but a new economy can stop it

As wildfires, floods and storms become commonplace, insurance companies are pulling back. Homes are becoming uninsured. Banks are stopping lending. Property values ​​are falling. People are losing both their homes and their security. More and more people are now warning that this could be the start of a new global financial crisis – not in the banks, but in the insurance sector.

But it doesn't have to end in collapse. It could be a turning point. – if we dare to rethink from the ground up.

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💰 Today's economy is built for short-term profit - not for the survival of life

Our current economic system is based on constant growth, fossil fuels and short-term profitability. Companies are forced to produce cheaply, quickly and wastefully. At the same time, we work more than we have time to live, and stress increases – both for the planet and for humanity.

This model creates vulnerability, injustice and unsustainability. But we have a choice: we can continue to destroy – or build something new together.

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Cross-Block Support

Reports Ready for climate transition – Swedes' attitudes towards climate and energy issues (Fairtrans 2024), shows that an overwhelming majority of Swedes are concerned about climate change and want to see a more ambitious climate policy. Two out of three believe that Sweden should lead the way in climate work, and over 60% want to tighten climate targets

Climate change is seen both as a sacrifice (64%) and as an opportunity for new jobs (70%). Support is broad for investments in wind power, but nuclear power also has support from a narrow majority.

Despite some political differences, the report shows that the climate issue is not just a left-wing issue – many bourgeois voters support stricter climate goals and understand the need to phase out fossil fuels, provided that the transition is done fairly with compensation for low-income earners and rural residents.

Even among voters who see themselves as “clearly on the right,” half are positive about the proposal to focus on climate change rather than lower gasoline prices. Among those who position themselves “slightly on the right,” support is even stronger – 69 percent think it would be a good idea. Similar support is found among low-income earners (72 percent) and people living in sparsely populated areas (67 percent).

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🔁 A new green economy – free from fossil fuel dependence and stress

To avoid both climate collapse and financial crisis, it is necessary major structural changes:

✅ Phase out fossil energy and nuclear power completelyInvest massively in solar, wind, water and green hydrogen – globally.

✅ Towards circular production. All goods should be repairable, upgradeable and reusable. Companies should be paid for longevity – not for wear and tear.

✅ Introduce laws on operating hours and the right to repair. A washing machine should last 25 years. Period.

✅ Shorten working hours to 20–30 hours per week. Adapt the work after humans and the climate. People need time for recovery, children, relationships and commitment. Fewer hours, but more life.

✅ Strengthen the common: free training, healthcare, housing and culture. When security increases reduces stress – and we dare to have children, have sex, love and live.

💡 No. With Modern Monetary Theory (MMT) we can rethink from the ground up.

The state can afford to act – without waiting for the market. By create money and mobilize resources to what is possible and necessary, we can build a safer society that can cope with the climate, creates housing, reduces stress – and where people want and dare to start a family.

🎯 Here are the keys to the solution:

1. Stop the addiction to fossil energy and nuclear power.
   Instead, invest in solar, wind, water and battery storage. The energy should be green, local and robust.

2. Introducing circular production – for real.
   We only produce what we can maintain and recycle. Clothes should last 20 years, washing machines 50 and houses 500. No more planned obsolescence of fashion and technology.

3. Reduce working hours.
   When we no longer live in a throwaway society, we don't have to work ourselves to death. More rest, more leisure time, more sex drive, more creativity, more children.

4. Security for everyone – not just the winners.
   Through an expanded public sector, basic income or job guarantee, good housing, welfare and childcare for all, we can increase people's desire to live close to others and start a family. This requires investment – ​​but the state can afford it.

5. Debt relief in the global South.
   Give developing countries the space to build local food production, green infrastructure and climate resilience without being suffocated by interest rates and IMF programs.

6. Regulate capital – put people first.
   Returns on housing and stock markets must no longer take precedence over living conditions and climate risks. The economy should serve life – not the other way around.

🏠 This is how we counteract the real estate crash – with security, not panic.

It is not overnight increases in interest rates that protect the system, but long-term investments in climate-safe housing, community planning without car dependence and insurance systems where the state takes responsibility when the market fails. We must protect property values ​​by protecting living conditions.

🧠 Human value is more important than market price.

We are vulnerable, dependent on each other, not made for constant stress, competition and uncertainty. When security disappears, our desire, our creativity and our fertility also decrease.

Happiness is not an individual project – it is a joint welfare project.

❤️ The future is possible – but it requires courage and systemic change.

We must dare to say no to toil, stress and system that destroysYes to town, relationships and meaningfulness. Yes to conversations about ethics, society and the planet.

We have a the technique, the money and the knowledge.

What is missing is the political will to use them for the sake of all life.