John Delaney 🇺🇸

@JohnDelaney ↗

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Last Checked Aug. 11, 2021

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Thu Apr 22 11:52:45 +0000 2021

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John Delaney 🇺🇸 @JohnDelaney

Why is fighting climate change important to the stability of financial markets? Financial markets are impacted the most when assets previously perceived to be safe go down in value. The reason for this is because assets perceived to be safe are often highly levered. (Thread) — PolitiTweet.org

Posted April 22, 2021

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John Delaney 🇺🇸 @JohnDelaney

President Biden to make historic commitments at climate summit - this is exactly what we need. https://t.co/4FSduaYItt — PolitiTweet.org

Posted April 22, 2021

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John Delaney 🇺🇸 @JohnDelaney

When assets perceived to be risky go down in value it has less impact because people always thought they were risky and therefore they are not highly levered This is why the financial crisis was so bad because mortgages - which were perceived to be safe - went down in value — PolitiTweet.org

Posted April 22, 2021