“Climate change is almost invariably the top issue that clients around the world raise with BlackRock. From Europe to Australia, South America to China, Florida to Oregon, investors are asking how they should modify their portfolios,” Fink continued.
“In the near future — and sooner than most anticipate — there will be a significant reallocation of capital,” he added. “Over the 40 years of my career in finance, I have witnessed a number of financial crises and challenges — the inflation spikes of the 1970s and early 1980s, the Asian currency crisis in 1997, the dot-com bubble, and the global financial crisis,” Fink said.
Get trump removed 1st, then maybe we'll worry about the 'climate crises'....alright, geex? 😒
The ' climate crisis' is created to change nothing but economics
The UN predicted in 1989 that entire nations would be wiped off the face of the earth if global warming wasn't deakt with by 2000...
As we predicted. As the plutocrats work out an angle they will embrace change . To their own unique advantage. Leaving us to struggle further. A different kind of change is needed. Think Paris 1789 or St Petersburg 1917.
How does capitalism work in an uninsurable world? Major parts of the country are now falling into that category. California towns in the forest, Florida coastal areas.
Lol
invest on mother Earth for securing future generations
for the layman....
Aka we've all seen the writing on the wall and he's using his egregious amount of money to capitalize and win monopoly right before the game ends
Climate change has existed since beginning of time. History has shown.. Old fashion prayer has steered things away.
yrs ago I saw a CEO interview where he said you can either be at the front leading the change or you can be at the back and trying to catch up
Climate change is real ask a scientist. There are more than two genders scientists are stupid.
it is arranged crisis,,i sure if will investigate this(global warming) many fake Nature defender will goes in Jail,.,,for crime actions against Humanity,,
No one is changing anything at a personal level, so nothing will ever change.
Nut job
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Source: CNBC - 🏆 12. / 72 Read more »