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The maps that are in existence for where a 100
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Hot Money

The maps that are inexistence for where a 100 or 500-year flood willhappen are so outdated...

The maps that are in
existence for where a 100 or 500-year flood will
happen are so outdated and no longer accurate, the
risk and the cost of that risk, even within the insurance
industry, is not as accurate as it needs to be, in
order for us to appreciate what the cost of climate is

Full Transcript

00:00:01.000 --> 00:00:04.537
- The maps that are in existence for where a 100
00:00:04.537 --> 00:00:07.773
or 500-year flood will happen are so outdated
00:00:07.773 --> 00:00:12.999
and no longer accurate, the risk and the cost of that risk,
00:00:12.999 --> 00:00:16.782
even within the insurance industry, is not as accurate
00:00:16.782 --> 00:00:19.385
as it needs to be, in order for us to appreciate
00:00:19.385 --> 00:00:20.786
what the cost of climate is.
Duration
21 seconds
Views
17
Timestamp in Movie
01:22:21
Uploaded
May 25, 2025
Genres
documentary
Production
N/A

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Movie Summary

Former NATO commander Wesley Clark and son explore economic forces linking various sectors, revealing interconnections that can lead to collapse and potential solutions to untangle them.
- Insurance actors have found ways - Hot Money 00:19
- Insurance actors have found ways
- I don't think anyone would wanna come in - Hot Money 00:09
- I don't think anyone would wanna come in
(water splashing) - Hot Money 00:06
(water splashing)
- But now, because you bought it in an area - Hot Money 00:08
- But now, because you bought it in an area
In order to convert his nest egg to cash, - Hot Money 00:13
In order to convert his nest egg to cash,
- Okay, so John is now literally John on the street. - Hot Money 00:06
- Okay, so John is now literally John on the street.
- [Wesley] The nice house that we're gonna buy - Hot Money 00:07
- [Wesley] The nice house that we're gonna buy
- Flood involves the U.S government - Hot Money 00:25
- Flood involves the U.S government
- [Wes Jr.] Then we started talking - Hot Money 00:06
- [Wes Jr.] Then we started talking
- So we call the insurance company two days before, - Hot Money 00:06
- So we call the insurance company two days before,
And they call us back and say, - Hot Money 00:17
And they call us back and say,
That's an entire, - Hot Money 00:08
That's an entire,
(jet engine roaring) - Hot Money 00:08
(jet engine roaring)
So as things get worse, the insurance companies - Hot Money 00:08
So as things get worse, the insurance companies
- These latent, hidden climate risks - Hot Money 00:13
- These latent, hidden climate risks
- And right now this house is listed for $49,000. - Hot Money 00:06
- And right now this house is listed for $49,000.
At the peak of the market, it went to about $250,000. - Hot Money 00:05
At the peak of the market, it went to about $250,000.
- It's not only the owners that lose their assets, - Hot Money 00:07
- It's not only the owners that lose their assets,
It's those that bought the secularized mortgages - Hot Money 00:09
It's those that bought the secularized mortgages
- And unless we're prepared to continue to write - Hot Money 00:19
- And unless we're prepared to continue to write