Said Blackrock's Larry Fink who manages over $3 trillion, the world's biggest asset manager. This is the perfect example of a view that dismisses institutions and are bound to see totalitarian regimes as the only answer to confusion and uncertainty.
Because, yes, markets don't like confusion and uncertainty, but concluding that, therefore, markets like totalitarian governments, is firstly, logically incorrect, secondly, missing an entire world of social technologies to cope with uncertainty.
And to quote, Mike Krieger: "Even if markets did like totalitarian governments, HUMANS DON'T".
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