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53
Japan to use foreign reserves for ESG investments ("Japan becomes first among G7 to invest FX reserves in ESG ... Standing at $1.4 trillion, Japan's foreign reserves are second only to China's.") (archive.ph)
posted 4 years ago by SupremeReader 4 years ago by SupremeReader +53 / -0
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▲ 34 ▼
– JustHereForTheSalmon 34 points 4 years ago +34 / -0

Well, Japan, you had a good run.

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▲ 15 ▼
– Smith1980 15 points 4 years ago +15 / -0

Just what I thought.

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▲ 3 ▼
– Galean 3 points 4 years ago +3 / -0

But does that affect Japan or everyone?

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▲ 20 ▼
– JustHereForTheSalmon 20 points 4 years ago +20 / -0

They will expect returns, so they'll get money at the expense of others. But the same ESG policies also will affect the Japanese (really, communism rolling in like a black mist) will kill anything that makes Japan unique.

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▲ 32 ▼
– Galean 32 points 4 years ago +32 / -0

Does this mean more funding towards ESG and corporations be even crazier with their diversity racism?

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▲ 38 ▼
– Steampunk_Moustache 38 points 4 years ago +38 / -0

Yes, that's exactly what it means.

Japan just invested in wokeness. China will grow larger.

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▲ 16 ▼
– TomSeeSaw 16 points 4 years ago +16 / -0

Japan getting in on the ESG grift.

If you can't beat 'em, join them just say you're a trans-woman and beat the shit out of 'em.

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▲ 5 ▼
– DieHeretic 5 points 4 years ago +5 / -0

Just scream "It's Ma'am!" at them while choking them with your cock.

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▲ 15 ▼
– tryyttt 15 points 4 years ago +15 / -0

....we need imperial japan or shogunate japan back .....

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▲ 17 ▼
– Tourgen 17 points 4 years ago +17 / -0

OHHH do we? Well we fucked them over.

Look up gunboat diplomacy and the treaty we made them sign after WWII. We opened up their island by force, and then we forced them to allow their women to vote - equality.

We did this to them.

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▲ 8 ▼
– deleted 8 points 4 years ago +8 / -0
▲ 13 ▼
– BandageBandolier 13 points 4 years ago +13 / -0

Even 80s Japan will do.

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▲ 13 ▼
– Assassin47 13 points 4 years ago +13 / -0

I'm usually cynical about political solutions being useful, but really the only way to stop this is for the US to have a #brexit-style political movement that bans or inverts ESG funding at the federal level. Have it so companies and investors are punished rather than helped by anything on the ESG points system. Call ESG anti-competitive and anti-profit, which is the whole point of a for-profit corporation. This is big enough to be in the party platform.

It likely wouldn't be permanent once politics flips the other way, but the US boldly enacting those regulations would cause enough instability to make companies and foreign powers to think twice about the whole idea.

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▲ 1 ▼
– DonuteaterReturns 1 point 4 years ago +1 / -0

THis is something important to realize. There is no private solution to this, you have to get the government involved.

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▲ 13 ▼
– Smith1980 13 points 4 years ago +13 / -0

Can anyone recommend a good video that breaks down ESG? I was trying to explain it and sounded pretty bad at it.

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▲ 18 ▼
– FrostedCricketFlakes 18 points 4 years ago +18 / -0

Environment, Social and Guidance. It's the credit system behind WEF's "Stakeholder Capitalism," (fascism) similar to China's Corporate Social Credit System. This is a white paper for ESG metrics WEF website, Direct link to the PDF. If you search online for "ESG metrics" or "Stakeholder Capitalism metrics" you'll find other information or summaries, including from companies that help others report their ESG metrics.

Many members of the WEF have implemented it:

  • BlackRock, the largest investment firm uses it to decide where to invest, and how to modify the behavior of the companies it has invested in.
  • Banks, which promote ESG investment, and tie how well ESG companies to to their head's remuneration. They also may provide better credit terms, easier to access, and lower rates relative to ESG score.
  • Governments use it to determine who to provide more favor to. The Trudeau government uses BlackRock to determine which companies to provide recovery funds. BlackRock uses ESG, and therefore the companies which the Trudeau saves are only those with a good ESG score.
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▲ 3 ▼
– Smith1980 3 points 4 years ago +3 / -0

Thanks!

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▲ 10 ▼
– Ricky_CIA 10 points 4 years ago +10 / -0

Here's a thread that breaks it down pretty well:

https://threadreaderapp.com/thread/1507932882072911873.html

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▲ 4 ▼
– Smith1980 4 points 4 years ago +4 / -0

Thanks!

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▲ 12 ▼
– staindbleach 12 points 4 years ago +12 / -0

Another interpretation is that Japan is divesting USD. Things are going to get bumpy from here on out folks.

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▲ 4 ▼
– covok48 4 points 4 years ago +4 / -0

Sure it is handshake.

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▲ 6 ▼
– deleted 6 points 4 years ago +6 / -0
▲ 8 ▼
– Eldourado 8 points 4 years ago +8 / -0

Japan, so many bad signs... The West poison is about to destroy its first non-white majority nation. Shame.

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▲ 3 ▼
– Assassin47 3 points 4 years ago +3 / -0

If I try to be positive, we've had cultural subversion in S.Korea for a while already and the language and cultural differences alone mean it's not quite as bad as western wokism. Except perhaps with the feminist groups. And those lead to the right-wing anti-feminist victory in the presidential election last month. So there's a chance this could lead to a hard snap back the other way... in a decade or two.

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▲ 2 ▼
– Galean 2 points 4 years ago +2 / -0

For a long time the globohomo hated Japan, it was everything they want to destroy.

What their focus in Japan tells me is that the west is lost.  

Looking at Japan and compare it to the US or any western country you can see how much damage the globalists did. The division, the decadence, the death of patriotism, culture or any form of national identity.

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▲ 7 ▼
– Piroko 7 points 4 years ago +7 / -0

Because another thirty years of stagflation is exactly what Japan needs.

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▲ 6 ▼
– OmegaBird 6 points 4 years ago +6 / -0

Hah, Japan's fucked.

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▲ 5 ▼
– mojavegreen 5 points 4 years ago +5 / -0

The Yen has an negative interest rate -0.1%. That's part of the reason they have so much foreign reserves. This kind of makes sense. But I don't get the ESG focus.

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▲ 5 ▼
– SuspendBeforeYouBan 5 points 4 years ago +5 / -0

ESG is sold as the future of investments etc... and they do a good job selling it. Japan's leaders aren't on western forums discussion woke-ism and feminism etc... Japan's leaders have no clue what they truly signed into. They just see some rich Americans and Jews in suits telling them this is what they should do and they bought it. Silly Japanese people. You'd think they'd have learned not to trust the west on these things.

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▲ 3 ▼
– realerfunction 3 points 4 years ago +3 / -0

wef delenda est

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▲ 2 ▼
– Cazarosta 2 points 4 years ago +2 / -0

Am I going to start seeing trannies, gays, and niggers in my anime now?

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▲ 4 ▼
– deleted 4 points 4 years ago +4 / -0

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