[Intro]
Hairline whisper
(Entropy begins)
Tiny fissure
(Under the skin)
[Verse 1]
Heat in the ledger
(Loss in the sea)
Premiums rising
(No longer free)
Storm on the coastline
(Fire on the hill)
Actuaries redraw
(What markets can’t fill)
[Pre-Chorus]
Small deviation
(Nonlinear drift)
Risk re-evaluates
(The sovereign shift)
[Chorus]
System at the edge
(Stress transmits)
Private collapse
(Public commits)
Branch upon branch
(Spread the load)
Fractal finance
(Down the road)
[Verse 2]
Policies canceled
(Last resort plan)
Backstop the backstop
(If you can)
Bonds start to tremble
(Ratings descend)
Mortgage illusions
(Begin to bend)
[Bridge]
Energy trapped
(Pressure confined)
Thermodynamic
(Debt intertwined)
From climate to credit
(Line by line)
Feedback loops
(Intertwine)
[Chorus]
System at the edge
(Threshold near)
Liquidity fades
(Spread the fear)
Fracture branching
(Network strain)
Insurance gone
(Taxpayers remain)
[Breakdown – Spoken Vocal]
It was only a crack
(So they said)
Localized loss
(Manage the spread)
But stress propagates
(Path dependent flow)
Critical mass
(And down we go)
System at the edge
(Tipping point)
Abstract risk
(Meets the joint)
Crystal markets
(Glass facade)
Climate writes
(The final clause)
[Outro]
After the yield
(After the call)
Branching lines
(Through it all)
Crystal ball
(We saw the fall)
Cracked fractals
(Shatter the wall)
The Human Induced Climate Change Experiment
From the album “North Flew South“