Europe’s largest asset manager Amundi is reducing its exposure to US dollar assets and turning to European and emerging markets, its chief executive has said.
Valerie Baudson, whose firm has €2.4 trillion of assets under management, said Amundi would advise clients to shift away from the greenback over the coming year, warning that if US economic policy remains unchanged, “we will go on seeing a [weakening] of the dollar”.
A lot of uneducated folks voted for him thinking it would help the economy, and to note, it was less than a third of our populace.
I think misinformation did more damage than anything. So many people didn’t vote because Kamala wasn’t pro Palestine enough for them as just one example. People were really feeling the flames to disengage our voter base, with lies like, both parties are the same, your vote is meaningless, a cabal is really controlling it all anyways why vote?
And it would be foolish to think that misinformation is just limited to the US. It hit brexit hard, and it is coming for other more stable countries next as nefarious powers seek to upset the current world order.