HMMMM...Interesting...BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization

[harddriver]

https://www.cnbc.com/2022/03/24/blackro ... ation.html

*Larry Fink, CEO and chairman of the world’s biggest asset manager, BlackRock, said Russia’s invasion of Ukraine is reversing the long-running trend of globalization.

*“I believe this has exacerbated the polarization and extremist behavior we are seeing across society today,” Fink said in his 2022 letter to shareholders.

*Fink, whose firm oversees more than $10 trillion, said BlackRock has suspended the purchase of any Russian securities in its active or index portfolios.