The New Global Monarchy: The Big 3 Mega-Fund CEOS | Guest: Justin Danhof | Ep 243
Economic War Room with Kevin Freeman
June 1, 2023
The New Global Monarchy: The Big 3 Mega-Fund CEOS | Guest: Justin Danhof | Ep 243
https://www.youtube.com/watch?v=vMeXkt7rQE8
BlackRock, State Street, and Vanguard vote in lockstep on many corporate issues. They have about $20 trillion in assets under their management. That's on par with the GDP of the United States of America. When three CEOs can get in a room and switch a vote to change out the board members of a company or change the entire culture by deciding to vote for things like targets for net-zero emissions by 2050, it's dangerous on many levels. Justin Danhof joins Kevin Freeman in the Economic War Room to explain what can be done to bring back the profit motive for companies and what individual investors can do.
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