In other words, the money they were getting, likely from NGOs or USAID, has dried up. They were being paid bigtime to push woke nonsense, so they didn't care about the message. Now all of a sudden they do?
ESG money from the big hedges like Blackrock. That was what was funding the DEI crap. Now that's running dry (and Blackrock is in a bad way, 9% of the fund was requested for withdrawl by investors and only 5% got paid out recently), so there's no money to make ESG and DEI friendly bull.
Exactly. They were getting big dollars from NGOs, USAID, and ESG investment firms.
The Boomers and Gen X which were one of the largest sources of capital for the investment firms to toss around. Have steadily been aging into retirement and putting their money into more stable assets and accounts. Meaning the firms no longer have billions to toss around and invest in losing propositions to push political BS.
USAID got the plug pulled. And USAID also kept quite a few of the NGOs swimming in cash as well.
In other words, the money they were getting, likely from NGOs or USAID, has dried up. They were being paid bigtime to push woke nonsense, so they didn't care about the message. Now all of a sudden they do?
ESG money from the big hedges like Blackrock. That was what was funding the DEI crap. Now that's running dry (and Blackrock is in a bad way, 9% of the fund was requested for withdrawl by investors and only 5% got paid out recently), so there's no money to make ESG and DEI friendly bull.
Exactly. They were getting big dollars from NGOs, USAID, and ESG investment firms.
The Boomers and Gen X which were one of the largest sources of capital for the investment firms to toss around. Have steadily been aging into retirement and putting their money into more stable assets and accounts. Meaning the firms no longer have billions to toss around and invest in losing propositions to push political BS.
USAID got the plug pulled. And USAID also kept quite a few of the NGOs swimming in cash as well.