After all, if you're retired and no longer collecting a paycheck, you're apt to feel a lot more secure if you know where your next spending dollar is coming from — and you don't have to worry whether your standard of living will decline if the financial markets
slip into meltdown mode.
After the diplomatic
meltdown that occurred during the 2009 Copenhagen climate talks, all of the parties going
into December's UN-sponsored climate negotiations in Paris — the wealthy countries, the poor countries, the island countries
slipping into the sea, the activists — knew that some kind of deal was a must - have.