>>15933102 BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization
EXCERPT: Fink " Back in the early 1990s when the world emerged from the Cold War, Russia was welcomed into the global financial system and given access to global capital markets, Fink wrote. The expansion of globalization accelerated international trade, grew global capital markets and increased economic growth, he said.
It was right then, 34 years ago, when BlackRock was founded and the firm benefited immensely from the rise of globalization and growth of the capital markets, which fueled the need for technology-driven asset management, Fink said."
TRANSLATION: BLACKROCK WAS STARTED, IN PART, TO LOOT RUSSIA OF ITS CHEAP RESOURCES