I had to check this one out.
Benjamin Kunkel, in a September, 2024 'The Nation' article, mentioned the recent science journal article which reported the projection.
His interest was the fact that, if true, it would mean that the 'growth' of all GDP, of all nations on Earth, would be cancelled out each year, paying to recover from all the related effects.
Since 'capitalism' is the ultimate Ponzi scheme, requiring new 'suckers' to expand the market all the time, and 'forever', compensating for the expected losses each year, will effectively 'degrow' the world economy, with less wealth per individual available.
It's just cooked into the equation. And since we won't collectively spend anything proactively on the 'ounce of prevention,' we're certainly unlikely to deal with the 'pound of cure.'
https://www.pik-potsdam.de/en/news/l...20variability.