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Started By
Message
BlackRock says Russia's war in Ukraine is the end of globalization
Posted on 3/25/22 at 6:56 pm
Posted on 3/25/22 at 6:56 pm
CNN of all places
This is the real reason our politicians are mad about this war and are pissed at Putin for screwing their plans up.
This is the real reason our politicians are mad about this war and are pissed at Putin for screwing their plans up.
quote:
London (CNN Business)Russia's invasion of Ukraine has ended globalization as we know it, says the head of BlackRock, the world's largest asset manager.
BlackRock CEO Larry Fink told shareholders in a letter on Thursday that Russia's "decoupling from the global economy" following its assault on Ukraine has caused governments and companies to examine their reliance on other nations.
"The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three decades," Fink wrote.
The CEO, whose company manages $10 trillion in assets, predicted that Russia's isolation will "prompt companies and governments worldwide to reevaluate their dependencies and reanalyze their manufacturing and assembly footprints."
But some countries could benefit from focusing on building up their domestic industries, as companies onshore or "nearshore" their operations, he said.
Fink said that the coronavirus pandemic had already set these wheels in motion.
Posted on 3/25/22 at 6:57 pm to stout
Decoupling can’t come too soon.
Posted on 3/25/22 at 6:57 pm to stout
grrr this is my angry face grrrr
frick the globalists
frick the globalists
Posted on 3/25/22 at 6:57 pm to stout
I hate BlackRock, but I love what this CEO said.
Posted on 3/25/22 at 7:01 pm to stout
quote:
The CEO, whose company manages $10 trillion in assets,
And just like that, the problem has presented itself.
Posted on 3/25/22 at 7:05 pm to stout
Sure it is. I'll believe that when UConn wins a natty in football
Posted on 3/25/22 at 7:09 pm to stout
Something tells me this isn't what it seems and it's only "the end of globalization" because they have a new phase to introduce...
Posted on 3/25/22 at 7:10 pm to stout
Somebody gets it!
The Ukrainian was awash with multitudes of nefarious shite from child-porn, sex slaves, and money laundering it also holds a large bit of non main stream media reports of human rights violations?
Yet the swag on here fly their flags in Cossack support of the remnants of the Golden Horde.
Golf clap…
The Ukrainian was awash with multitudes of nefarious shite from child-porn, sex slaves, and money laundering it also holds a large bit of non main stream media reports of human rights violations?
Yet the swag on here fly their flags in Cossack support of the remnants of the Golden Horde.
Golf clap…
Posted on 3/25/22 at 7:13 pm to Nosler28
quote:
The Ukrainian was awash with multitudes of nefarious shite from child-porn, sex slaves, and money laundering it also holds a large bit of non main stream media reports of human rights violations?
My God some of you have swallowed the MSM blue pill, and swallowed hard!
There is more of the shite you described above right here in the good old USA than in Ukraine. But keep chugging the free party koolaid messaging!
Posted on 3/25/22 at 7:20 pm to Bearcat90
Expunge: I stand behind every letter typed out and dare you to refute it?
Didn’t Jerry Springer serve as Cincinnati’s mayor.
Doesn’t bode well for you as a starting point does it?
Didn’t Jerry Springer serve as Cincinnati’s mayor.
Doesn’t bode well for you as a starting point does it?
This post was edited on 3/25/22 at 7:21 pm
Posted on 3/25/22 at 7:20 pm to stout
Globalism is for the elite only.....most normal working people don't even understand it.
AMERICA FIRST is the ONLY WAY!!!!!
AMERICA FIRST is the ONLY WAY!!!!!
Posted on 3/25/22 at 7:23 pm to stout
So we should be pulling for the Russians?
Posted on 3/25/22 at 7:26 pm to Nosler28
quote:
Expunge: I stand behind every letter typed out and dare you to refute it?
Just the part I quoted of yours.
quote:
Didn’t Jerry Springer serve as Cincinnati’s mayor.
Yes, as a matter of fact I met him more than a few times hitting on UC women at the bars back in the day.
quote:
Doesn’t bode well for you as a starting point does it?
It's irrelevant. I'm not a Cincinnatian. That is merely my college alma mater where I got an engineering degree and now help refineries and chemical plants make all the stuff you and everyone else uses.
Posted on 3/25/22 at 7:35 pm to stout
(with feeling. and with zero irony)Hail Putin!
This post was edited on 3/25/22 at 7:36 pm
Posted on 3/25/22 at 7:36 pm to stout
quote:
company manages $10 trillion in assets
Break them up.
Posted on 3/25/22 at 7:38 pm to Bearcat90
No reason for my snippet there. I retract it and yes you are correct on our American filth of miscreants playing a part in all of this.
Let’s, agree on sub parts and move on?
Let’s, agree on sub parts and move on?
This post was edited on 3/25/22 at 7:51 pm
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