President of BlackRock investment firm
warns an 'entitled generation' needs to
brace for shock of shortages and higher
inflation: Experts warn Americans will
pay an EXTRA $433 a month for basic goods
this year
Daily Mail (UK),
by
Keith Griffith
Original Article
Posted By: Ribicon,
3/30/2022 10:26:32 AM
The president of BlackRock investment firm has said that an 'entitled generation' of Americans will face the shock of goods shortages for the first time in their lives as supply chain disruptions continue to spur high inflation. 'For the first time, this generation is going to go into a store and not be able to get what they want,' BlackRock co-founder Rob Kapito said at an energy conference in Austin, Texas on Tuesday, according to Bloomberg.
'And we have a very entitled generation that has never had to sacrifice,' added the 65-year-old Kapito, who has an estimated net worth of more than $400 million
Reply 1 - Posted by:
coldborezero 3/30/2022 10:35:43 AM (No. 1114284)
As we read this, be assured that Mr. Kapito's name is being woven into Madame Defarge's cloth.
7 people like this.
Reply 2 - Posted by:
zephyrgirl 3/30/2022 10:39:42 AM (No. 1114289)
And he's looking forward to it.....
3 people like this.
Reply 3 - Posted by:
valinva 3/30/2022 10:56:01 AM (No. 1114311)
Black Rock is deeply embedded in the New World Order Great Reset Davos Cabal. Black Rock officers are advisers to Biden. If they are telling you to get used to higher prices it is because they are working to make sure prices on everything will be higher for Americans so they can redistribute our wealth to the "poor" countries. His stated goal is to eliminate oil and gas and anything they don't like through the denial of loans and financial services. Chaos is what they want so they can in the end have control over everything you do and say.
10 people like this.
Reply 4 - Posted by:
LC Chihuahua 3/30/2022 11:01:17 AM (No. 1114316)
Any shortage is purely manmade. We are witnessing fear being used as a weapon. This is fear porn regardless of truth.
16 people like this.
Reply 5 - Posted by:
Mr Clean 3/30/2022 11:02:35 AM (No. 1114319)
Gas you can't afford, electric cars that you can neither afford nor want, rationing of food and energy, forced compliance via digital currency. A small price to pay for utopia.
10 people like this.
Reply 6 - Posted by:
Luandir 3/30/2022 11:09:43 AM (No. 1114329)
We have entered truly dangerous times, and with a generation that has no concept of adversity.
17 people like this.
Reply 7 - Posted by:
Starboard_side 3/30/2022 11:28:31 AM (No. 1114349)
Based on his bio, he has never sacrificed much in his life either.
High-end, toney schools, and now enjoys uber-wealth that will protect him from having to sacrifice much unless his household staff (I'm assuming he has) is unable to make sure the pantry is stocked for him. After all, they will be hit hard by the coming shortages he mentions much more than he and his family.
6 people like this.
Reply 8 - Posted by:
DVC 3/30/2022 11:39:21 AM (No. 1114372)
I instructed my financial advisors to extract me from ALL investments related to Black Rock about 5 years ago. People need to find out what mutual funds they are invested in and get OUT of all that are Black Rock. BR is pure evil, doing horrible damage to the country and the world, intentionally, due to exteme leftist, climate crazy policies, and working closely with WEF for global domination.
4 people like this.
Reply 9 - Posted by:
unagator 3/30/2022 12:04:13 PM (No. 1114408)
He’s right, but it’s pretty rich coming from a free $$$ welfare queen.
1 person likes this.
Reply 10 - Posted by:
winmag 3/30/2022 12:19:41 PM (No. 1114429)
If the elections are even halfway fair, the globalists should be blown out in November.
5 people like this.
Reply 11 - Posted by:
PostAway 3/30/2022 12:30:30 PM (No. 1114449)
The clearly well-fed Kapito who has a net worth of at least $320M apparently sees himself as above the fray. However, he thinks that taxpaying, hardworking high school, junior college or state college educated Americans have a lot of nerve to feel entitled to eat adequately, live comfortably and move freely. According to the Harvard Business School, Kennedy School (Harvard) and Wharton (Penn) educated Mr. Kapito, who never served a day in uniform or in service to others in any capacity that didn’t include air conditioning or professionally prepared food but has spent his life either wildly enriching himself or going to elite schools in preparation to do so, our expectations are above our stations. When not jetting privately to Davos to help coach billionaires on how to rule the world or jetting privately to other desirable locations for income or vacation purposes he is at one of his homes in NYC, Sag Harbor, NY and perhaps NJ (it appears from real estate records that he may have sold his Alpine, NJ mansion to Peilin Liu and/or Ning Li )who, no doubt, won’t have to lower their expectations to be able to eat adequately and to sleep indoors in America. Take THAT, Mr. and Mrs. Ugly American!).
We see you Mr. Kapito. We are watching. One missed meal or one inchworm entree for our children and we will remember what you said. I guarantee that we won’t agree that you and your family deserve better.
4 people like this.
Reply 12 - Posted by:
Rich323 3/30/2022 12:31:15 PM (No. 1114452)
Black Rock is also buying up new housing developments in total and making them rentals. So, you will never own anything and pay until death you do part! They will probably integrate low income patrons in these neighborhoods, part of Obama’s resettled takes a village Clinton plan.
6 people like this.
Reply 13 - Posted by:
volksford 3/30/2022 1:19:37 PM (No. 1114491)
And here is your deep state crock for today...enjoy !
1 person likes this.
Reply 14 - Posted by:
davew 3/30/2022 1:23:43 PM (No. 1114495)
BlackRock has bet heavily on the use of Chinese slave labor to fuel the profits of large transnational companies such as Apple. Kapito is just talking his book by threatening the American consumers if globalism is rejected by populist politicians. Unfortunately, the person who did the most damage to globalism is President Joe Biden who just weaponized the banking system backed by the US dollar to declare war on Russia. This act has sent a chilling message to all the leaders and bankers of other sovereign nations that the US is going to use this leverage for its own arbitrary political objectives in the future. The response will be for the global leaders to look to cryptocurrency or other reserve currencies to show their independence from the US financial bullies to their own people. The US will pay a real price in buying power and security through this pyrrhic victory that Biden tried to bully the world with.
3 people like this.
Reply 15 - Posted by:
sw penn 3/30/2022 1:37:44 PM (No. 1114504)
I might have believed this yesterday.
But this mornings' news on Russian gold moves,
suggests that Davos will have much more
to think about shortly than gender equality...
https://tomluongo.me/2022/03/28/got-gold-rubles-russia-just-broke-the-back-of-the-west/
#GotGoldorRubles? Russia Just Broke the Back of the West
The only way to destroy the Davos debt slavers
is to make their money worth nothing.
Guess what Russia just did...
Those who have nothing will continue to have nothing,
while those who think they are Masters of the Universe
because they have paper pictures of dead people
are going to learn a harsh lesson...
2 people like this.
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Comments:
The sacrifices are well worth it in order to transform the USA into a greatly diminished, poverty-stricken degenerate multicultural hellhole that no American from 20 years ago would recognize. This is what the globalists want, this is what agencies want, so this is what we want also. That and a nice plate of crispy bugs to eat while we sit in the dark.