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IPFS News Link • Central Banks/Banking

Vanguard abandons the UN led Net-Zero Climate Finance monster group

• https://joannenova.com.au by Jo Nova

Vanguard has $7 trillion in assets under management, and GFANZ is a conglomerate cabal of bankers insurers and asset managers that has snowballed into a 550 member cabal with a jawdropping, obscene, 150 trillion in assets. Together, for a moment, they almost created the illusion of a One World Government by Bankers. After all, the GDP of the United States of America is only $23 trillion. So when an organization with six times the pulling power tells the world to go Net Zero, which company, which government would say "No"? Well, Ron de Santis did — and 18 other US states are working on it too.

The key weakness to the $150,000 billion dollar GFANZ monster is — as I said last week —  that it's an illusion. They are wielding other people's money — using their clients own pension funds to indirectly punish their own clients, and the good guys are figuring out how to call their bluff.


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