Coming to the US soon enough, thanks to Larry Fink

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Crossville TN

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Liz Truss announced she would resign as Prime Minister of the U.K. after just 44 days in office. That’s a new one for the record books in the U.K. In her brief span in office, Truss had managed to create a financial crisis in the sovereign debt market, force a bailout by the Bank of England, trigger alarm bells about the safety of pension plans in the U.K., and fire her Finance Minister. All of these events are interconnected. Naturally, where there is mayhem, plunging markets, and central bank bailouts, the name Larry Fink of BlackRock is going to turn up. The asset-management giant BlackRock, which manages pensions for more than 10 million people in the UK, has invested huge amounts in Russian state-owned energy and banking enterprises in recent years. These companies have contributed to Russia amassing $630bn in foreign reserves – a financial position "crucial" to Putin’s decision to invade Ukraine. A top BlackRock executive defended an investing strategy that has plunged UK pension funds into crisis, blaming “turbulence induced by policy decisions” for the disruption. Contagion will follow to the US. Not to mention Russia profiting $630 Billion to fund their war in Ukraine. Blackrock CEO Larry Fink, formerly CEO of Lehman Brothers 2008 housing crash!!!! Not good. GREED WILL GET YOU EVERYTIME!

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