Climate Change Corporate Welfare: French, German and Japanese governments to invest in BlackRock which raised $673 million for a climate-focused infrastructure fund – November 2, 2021,

Who suffers the most when governments begin financing corporations? In the third world of course, if you’re a champion of democracy, you’d notice a pattern in third world countries, many of these third world countries which are poorly educated often vote for a socialist. Now, if you’re a business person, you’d know that these socialist governments in these third world nations are often corrupt, it’s not like the free market hasn’t tried to help out the third world, but anytime a Nike factory as an example is built in a region with no infrastructure, the idiot socialists cry foul, how dare Nike exploit these poor people with jobs?

As if these people would have a job that paid them anything if Nike wasn’t there? But you see Socialists and the lovers of big government, imagine that governments or government-private partnerships are the best way to deal with poverty? Well, Nationalization, made-up taxes, extortion, strikes, and all sorts of scams occur in these third world nations, that prevent development, and Western governments are now going to finance this behavior.

You see as an example if I as a private investor take the risk of doing legal Gold mining in a third world country and that country’s socialist government says screw me and my investors, I’m officially in violation of some new socialist law and because I’ve discovered Gold in their country, the Republic of this or that third world nation is officially nationalizing my gold mine for the greater good of the people. When this happens and it happens a lot I and my investors lose our money, time and resources, but the taxpayers are off the hook.

What BlackRock has managed to do is get a few governments of developed nations on board for their “climate-focused infrastructure fund”. This corporate welfare scam is only going to get worse, Anyone that’s attempted to invest in third world countries knows of the unexpected challenges and costs. Now that Western and developed governments are throwing money at this problem, it will only make the problem worse.

Usually, when private investment goes into a project in a third world country, the socialist governments will wait until the project is underway before it starts launching complaints, and using extortion tactics, with these corporate welfare schemes, you watch as the price for these projects start to skyrocket as these third world governments find creative ways to suck more money out of these projects to fill their pockets.

BlackRock was smart to get governments on board because anyone that knows about these projects knows exactly what’s going to happen once these socialist third world governments see western nations throwing money at these corporations. Climate change as it’s being presented now is a SCAM!

Exclusive-BlackRock raises $673 million for climate-focused infrastructure fund | reuters.com

Interesting times ahead