It’s a win: Bankers are backing away from the Monster Banking Climate Cartel
ALL THE BIG CANADIAN BANKS ARE FULLY INVOLVED IN THIS VILE CORRUPTION. THEIR LEADERS ALL BELONG IN JAIL - FOR LIFE! CRIMINALS!!!
It’s a win: Bankers are backing away from the Monster Banking Climate Cartel
By brianpeckford on January 2, 2025
https://joannenova.com.au/2025/01/bankers-quietly-exit-from-the-global-climate-cartel/
It’s become a flood
It’s a good start to 2025 — just quietly, the money is exiting the Monster Banker Climate Cartel. Since the Trump win, the bankers are running away suddenly from the United Nations “Net-Zero Banking Alliance” (NZBA) which is a sub-part of GFANZ (the Glasgow Financial Alliance for Net Zero) — the world’s largest and richest climate activists club. GFANZ is the public face of every kind of global financial-bullying-to-save-the-world. Economically, the monster collective could eat whole nations for breakfast. At one point the collective assets-under-management were as valued at the fantastical conglomeration of $130 trillion. It is the hydra-head hissing at superannuation funds and national treasurers that don’t comply with sacred green goals. Who cares what the voters want?
The latest round of quiet banker departures started with Moody‘s and Goldman Sachs, a month ago. Only two days ago RealClear Energy took heart that ” U.S. behemoths Bank of America, Citigroup, JP Morgan, Morgan Stanley, and Wells Fargo were still in the NZBA”. But Wells Fargo quit a week ago, and under the cover of New Years Eve parties, the Bank of America, and Citigroup have now jumped ship too. No one seems to be saying why they are leaving, probably because there is no good way to admit they were colluding with other bankers in anti-competitive acts, to limit the choices of businesses and voters. Likewise, there is never a good time to say it was a mistake to join a club that put their clients interests second, after the pet obsessions of UN apparatchiks.
Credit for these successes goes to the Republican State Governors and their anti-trust and fiduciary duty legal suits. Their threats are unravelling the giant financial marshmellow man — especially now that the bankers have lost any “protection” the Biden – Harris Presidency may have offered.