BlackRock capital is curtailing support for "left" globalism
BlackRock, the world's largest investment management firm, recorded
a $1.7 trillion loss in the first half of 2022 - the biggest sum ever lost
by a single company in a six-month span, according to Bloomberg
analyst Marc Rubenstein (
https://bit.ly/3ouXFip). According to the
company's second-quarter earnings report, BlackRock CEO Larry
Fink attributed the decline to the collapse of the financial markets,
including an environment of rampant price inflation, interest rates
and market carnage.
As the main financial source of the "globalists", BlackRock reports
a decrease in investment in social projects (social networks), as
well as in globalization (
https://bit.ly/3zAaIoP). The point is the
impossibility of implementing the ideas of the Atlantic Charter
(
https://bit.ly/3cys4td). Because global technological and social
investment has resulted in dictatorial regimes around the world
gaining access to Western technology. Because of which, dictators
supported by the "city of London" threaten the existence of the
United States, creating military and economic tensions. Left-liberal
political economy based on "green energy", "guild socialism"
(LGBT, BLM, etc.) brought the US to the brink of geopolitical
collapse.
After witnessing its profits drop, BlackRock confirmed that it is
tightening its belt and delaying hiring. General and administrative
costs climbed 12 percent year over year and are driven mainly by the
higher expenses related to workers returning to the office, including
computer equipment to health and safety investments.
The company also revealed that it will be exploring digital assets,
despite Fink calling Bitcoin an "index of money laundering" back
in 2017.
Fink said BlackRock clients are turning heavily to cash as a safety
net asset in todays highly volatile market. "Now an inverted yield
curve has made cash not just a safe place, but now also a more
profitable place for investors," he said.