With $20 trillion between them, Blackrock and Vanguard could own almost everything by 2028
financialpost.com
With $20 trillion between them, Blackrock and Vanguard could own almost everything by 2028
Two towers of power are dominating the future of investing
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BlackRock CEO Larry Fink
At #Davos, Larry Fink said the quiet part not only out loud but to the World.... The co-chair of the World Economic Forum and CEO of BlackRock admitted that global elites have lost public trust. “The world now places far less trust in us to help shape what comes next.” That isn’t humility. It’s damage control. This loss of trust didn’t fall from the sky. It was earned. Earned through decades of financialisation, deindustrialisation, austerity, endless wars, and a political economy that socialise
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At #Davos, Larry Fink said the quiet part not only out loud but to the World.... The co-chair of the World Economic Forum and CEO of BlackRock admitted that global elites have lost public trust. “The world now places far less trust in us to help shape what comes next.” That isn’t humility. It’s damage control. This loss of trust didn’t fall from the sky. It was earned. Earned through decades of financialisation, deindustrialisation, austerity, endless wars, and a political economy that socialise
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Blackrock CEO Larry Fink grilled for 4 minutes straight 😏 Davos is one of the few times each year when people can directly confront CEOs and billionaires on public streets after the summit. | The Truth Behind It
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10 months ago
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