Go to home page

Green Finance Is an Attempt To Avoid Collapse of the System, Says Analyst

Nov. 19, 2019 (EIRNS)—EIR’s exposure of the “green finance” scam has reverberated today in an article by financial analyst Mauro Bottarelli, who wrote in Business Insider Italia that green finance policies are an attempt to bailout the bankrupt financial system.

Commenting on data published by the Institute of International Finance, according to which global debt will have grown to $255 trillion by the end of 2019, and a recession is threatening to blow out the corporate debt bubble, Bottarelli wrote

“...a couple of dynamics put in quite a more drastic perspective the IIF data and the epilogue that their evolution outlines, coming closer to extreme recipes to avoid that collapse of the system (possibly ‘sold’ to the public through socially acceptable, multibillion [dollar] packages of green intervention against climate change).” [emphasis in original]

Back to top    Go to home page clear