Philipp Hildebrand, vice chairman of Blackrock Inc., during a Bloomberg Television interview in London, UK, on Monday, Oct. 9, 2023. Interest rates are probably near their peak after an aggressive round of hikes, Hildebrand said. Photographer: Jose Sarmento Matos/Bloomberg
Isaiah 10:1-2 Woe to those who decree iniquitous decrees, and the writers who keep writing oppression, to turn aside the needy from justice and to rob the poor of my people of their right, that widows may be their spoil, and that they may make the fatherless their prey!
Proverbs 17:23 The wicked accepts a bribe in secret to pervert the ways of justice.
Important Takeaways:
- BlackRock Chief Warns Davos Elites: Trump Victory Poses ‘Fundamental’ Challenge to Europe
- The prospect of a Donald Trump return to the White House in 2024 poses a “fundamental” challenge to Europe, the leader of the world’s largest investment company warned Tuesday.
- The Daily Telegraph reports BlackRock vice chairman Philipp Hildebrand issued his caution from the sidelines of the World Economic Forum (WEF) in Davos, Switzerland.
- In doing so he added his voice to the swelling chorus from Europe that fears a Trump return to the world stage.
- [Why? Because] given Trump’s determination to embrace America First in matters from trade to diplomacy, NATO funding, and climate policy.
- For his part, Hildebrand urged Europe to seize the opportunity to transform itself into a technological superpower that was less dependent on America. He added Europe’s capabilities on defense were “just not there” and required a rethink. Hildebrand said:
- He spoke within hours of Trump’s stunning victory in the Iowa Republican presidential caucuses, as Breitbart News reported.
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