Will ESG Create The Next Lehman Moment…???
In comparison to where we are going (not only with ESG) Lehman will look small, cute, and quaint. ESG is one of the important tools to drive the current system against the wall. There is just so much BS that any system can support and I have a feeling that Green policy is going to blow the lid off. No reason though to not take ESG very seriously because those rules are hitting us and if you are not in compliance, you better prep some big sums of money for the fines you will pay. It’s a scam but you must play by the rules until it collapses by itself. And those rules will be full of traps and deceits.