Does Mark Carney Understand How Financial Markets Work?
Even if we don’t look at the flaws in financial gimmickry, we must be appalled. One of the leading financial figures calls for pension funds to shove all their cash into renewable stock while seeing scores of those companies going bellies up as countries cannot continue to shove endless subsidies down their throats. Everyone who puts his cash into those outfits will lose everything. Those pension funds as well. Question: has anyone looked into what stocks Carney and family hold? Do they drink their own Kool Aid?