If this is how Mr. Climate plays out - i.e perceived stability and equilibrium over a long time despite pressures building into the system, and then the system cant take it any more and it collapses - then I am scared. It is time to pay more attention to the climate doomsdayers. At least the stock markets are not killing us physically - not so far that is.
The big game right now is in the currency markets - the more a currnecy collapses, the more toast it is. India should be scared about rupee..