This past week, we laughed at the super-rich who wish to trade their dollars for cool. We mocked Larry Fink for pushing his own anti-carbon agenda.
Cool Fads and Killer Cads
In Mr Fink’s case, we have no idea whether companies aiming for zero emissions are doing the world a favour or not. Fighting climate change is cool today. As for tomorrow, we don’t know.
A Meditation on Cool
Today, in addition to mocking the cool, earnest rich, we explore the whole scammy plot. The financial system has become corrupt…here’s how well-meaning do-gooders make it worse.
Between a BlackRock and a Hard Place
Few people have been more successful at making money than Fink. He founded one of the biggest and most influential hedge funds in the world — BlackRock
Why We Decided to ‘Go Private’ after 40 Years of Public Spectacle
So, in the second chapter of our career, we left ‘public interest’ and decided to focus on private interest. We couldn’t change the world, we reasoned, but at least we could help people get through it…and make some money for ourselves doing it.
‘Inflate or Die’
And it’s not the fellow with a can of Bud Light in his hand who is going to answer the ‘Inflate or Die’ question.
Rough Seas, Rising Energy, and Argentina’s Abandoned Peg.
Argentina may be the most ‘European’ country in the world — in the sense that it has gotten very few immigrants from Africa or Asia. But the European family tree has many branches.
Financial Hanky-Panky
In an honest economy, consumer prices should go down, not up. Corporations lower prices as they become more efficient and competition becomes more intense. From Global Financial Data:
Roadside Slaughter and Railway Robbery
CBS footage shows lines of packages from carriers including UPS and Amazon.com Inc., many of which arrived from Asia through the nation’s largest ports of Los Angeles and Long Beach, stretching along the railways
Cruel Contentions
And every person who doubts the virtue of mandatory vaccines is treated like an active shooter.
