NO MONEY, NO HONEY
NZ’s key rural lenders have all signed up to reduce their financed dairy farming emissions
The industry-led, United Nations convened NZBA is a group of banks aiming to transition their lending and investment portfolios to net-zero emissions by 2050. It has 133 bank members from 43 countries holding a combined US$74 trillion in total assets, which is estimated to be 41% of global banking assets. Membership of the NZBA comes with emissions reduction targets.
Ah, the UN — that old Marxist institution.
Part of the reason for this is because if something is funded it happens. And if it isn’t funded it doesn’t happen,” Cain said.
You mean like growing food?
Thank goodness there are other banks, right? Right?!?
ANZ NZ, Rabobank, ASB and Westpac? As noted, all their parent banks have signed up to the NZBA.
And you know what is the most stunning thing? There are literally a handful of farmers getting up in arms. The rest? They’re sitting around mumbling and grumbling, but doing EXACTLY NOTHING, all while their livelihoods are being systematically dismantled. It really is quite something to behold.
Realize this insanity is not a New Zealand phenomenon. It is a virus that has engulfed much of the world.
Do you see how we’re going to have a food crisis?
It is worth considering where the food is going to come from.
One way or the other, the world is likely to become desperate for food, and food, my friends, can’t be manufactured without fertilizers—at least not real food.
Sure, the soylent green type, cancer-causing poison the WHO now tells us is “healthy” can be, but not real food.
I am willing to bet that we’ve not seen the highs in fertilizer stocks for this cycle.
Smart investors are already preparing for what’s coming…
If you are a self-directed stock investor looking for an edge, we can show you. Click on the links (below my name) to find the best solution for you.
- Chris MacIntosh
Capitalist Exploits | Glenorchy Capital Macro fund | Subscribe to Insider | Rebel Capitalist Pro
